US Job Growth may have Positive Impact on Economy

Recently, there were fears about stagnant and weaker economy but US jobs have shown a steady growth in March. It has made promises of raising interest rates in the Federal Reserve in the present year.

According to an economy survey done by Reuters, February has brought 295,000 nonfarm payrolls, whereas March most likely has added more 245,000.

March has marked the 13th consecutive month of job growth above 200,000, as a result of which US economy has witnessed the longest streak in the US economy since late 1993.

For the prosperity, the labor market had to fight adverse conditions, including a difficult winter season, a resilient dollar and a decreasing global demand, a mix that had an impact on our economic activity in the year’s first quarter.

Roth Capital Analysts drop Price Objective on Shares of BioDelivery Sciences International

Pharmaceutical Company BioDelivery Sciences International Inc continues to fall. The company’s stock lost $0.08 to close at $10.03. In a research note issued on Tuesday, analysts at Roth Capital dropped their objective on shares of the company from 18.00 to $16.00. The analysts have given a ‘buy’ rating on the stock. Currently, it looks like a very good potential purchase.

Target price of Roth Capital analysts would specify a potential upside of about 58.26% from the BioDelivery Sciences International’s current price. On Tuesday, the company traded down about 3.71%. The company has a 52 week low of $6.71, while its 52 week high was $18.48. The 50-day moving average of BioDelivery Sciences International’s stock was $14. In addition, the stock’s 200-day moving average was $14.

Delta Airlines to cover extra income taxes paid by its employees in same-sex relationships

On Thursday, Delta Airlines became the first major carrier, which will cover the extra income taxes its employees in same-sex relationships pay for healthcare plans. These employees pay extra taxes in states, which don't recognize gay marriages.

This practice, introduced by Delta Airlines, is called ‘grossing up’, in which same-sex couples pay the same tax amount of healthcare as paid by legally married employees. According to the airline, this decision made by the airline will take effect without any delay and taxes will be covered retroactive to January 1. At present, gay marriage is legal in 37 states. But it is not legal in Georgia, where Delta is based.

March presented Steady Growth in US Jobs

March witnessed a consistent growth in US jobs giving hopes that interest rate will be increased this year in the Federal Reserve.

As per a Reuters economy survey, in February, 295, 000 nonfarm payrolls were reported and in March, more 245,000 have been added. With this, March has become the 13th consecutive month of job growth.

The news seems to be welcoming at the time when the labor market is facing so many problems including a difficult winter season, a resilient dollar and a decreasing global demand. All these and other factors have affected the economic activity in the first quarter of the year.

Packaged Foods in US Grocery Stores have more Salt than Recommended

A government study has found that it is very difficult to find healthy food in the US grocery stores. The survey found that less than half of packaged grocery-store products in most of the food categories met the Food and Drug Administration requirements of being labeled as ‘healthy food’.

The findings published in the journal Preventing Chronic Disease may be able to explain as to why more than 90% of Americans eat more sodium than recommended.

Drug resistant strain of Shigellosis spreading rapidly in United States: CDC

According to Centers for Disease Control and Prevention (CDC), multidrug-resistant intestinal illness is spreading throughout the US.

The illness called shigellosis is caused by the shigella bacteria, which is extremely contagious. Although its outbreaks are rare, health officials are concerned as this strain is resistant to the antibiotic most commonly prescribed for adults.

On Thursday, health officials said that the Shigella sonnei bacteria are causing more than 200 illnesses since last May, with large recent 45 cases in Massachusetts, 25 cases in California and 18 cases in Pennsylvania.

Many cases were traced to people who had recently traveled to the Dominican Republic, India or other countries.

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