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Monthly Archives: January 2018

Private payrolls grow by 234,000 in January, vs 185,000 expected: ADP/Moody’s Analytics

On the goods-producing side, manufacturing added another 12,000 jobs while construction saw 9,000 new hires despite the traditionally slow month for the industry. "The job market juggernaut marches on," Mark Zandi, chief economist at Moody's Analytics, said in a statement. "Given the strong January job gain, 2018 is on track to be the eighth consecutive…

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Apple: We would never degrade the iPhone experience to get users to buy new phones

Apple on Wednesday responded to reports that the Justice Department and Securities and Exchange Commission are probing its decision to throttle older iPhones, confirming that the U.S government has asked questions. Apple said it would never intentionally "degrade the user experience to drive customer upgrades." Apple acknowledged in December that it was secretly slowing the…

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