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Nonfarm Payrolls +113,000, Median Bloomberg Estimate 180,000; Huge March 2013 Employment Revision

MishTalk

Huge March 2013 Revision Nonfarm employment for March 2013 was revised up by 369,000 (347,000 on a not seasonally adjusted basis). Average hourly earnings of production and non-supervisory private workers rose $0.06 For 2013, one needs to factor in the increase in payroll taxes for Social Security.

Survey 70
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3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

The proven benefits of innovation include: increased competitive advantage improved operational productivity reduced costs and increased revenue improved commercial value enhanced problem-solving One modern innovation that is impressive to watch is SpaceX's reusable Falcon 9 (watch the video below). Kogan Page, Limited. Cameron, K.

Culture 52
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Venezuelan Bolivar Plunges to Record Low on Black Market; Bond Default Coming Up in October?

MishTalk

In 2013 the official exchange rate soared to 6.3 That is a 95% loss in value vs. the official exchange rate since 2013. percent in May, the last month for which figures are available, while according to economists surveyed by Bloomberg gross domestic product shrank 2.1 Venezuela’s benchmark dollar bonds due in 2027 fell 0.44

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Can we rely on LIBOR? - Tom Spencer consulting blog

Tom Spencer

Bremmer highlights the importance of LIBOR by explaining that it is “a key benchmark rate that affects the price of $350 trillion worth of securities and loans around the world.” ” Indeed, the British Banker’s Association notes that LIBOR “is the primary benchmark for short term interest rates globally.

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Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced. Benchmark deposit rates are at 21%, while inflation is widely believed to be nearly 40%. The government has meddled in wheat production since 2006 by raising export taxes and setting export quotas. tonnes in 2013.

Banking 69
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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

Product and Service Innovation. Consumer Products. In fact, one of the reasons Booz & Company may rank so close to MBB now could have to do with the fact they offer services at a 10-20% discount to MBB, and on benchmarking cases or projects heavy on research, clients may believe they are getting top services for a discount.

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Pettis on Strains in China's Banking System; Avoiding the Fall

MishTalk

While the benchmark deposit rate was officially lowered from 3.00% to 2.75%, the upper limit that banks can pay for deposits remained unchanged at 3.30%. It may seem strange to have both a benchmark rate and a “floating range” that establishes a cap, instead of just setting a cap, as was the case until very recently.

Banking 71