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Investors | May 3, 2019
Norway’s $1 trillion sovereign wealth fund gained $84 billion in the first quarter, or $16,000 per citizen, after it took advantage of a market sell-off in late 2018 to build its massive portfolio, reported Bloomberg.
Research | May 3, 2019
Total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent, the lowest rate since December 1969, reported the U.S. Bureau of Labor Statistics. Over the month, the number of unemployed persons decreased by 387,000 to 5.8 million.