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Layoffs could spike as recession is already here, forecaster says: Headline job growth has been strong recently, but commentators have pointed to mixed signals ...
businessinsider.com/recession-outlook-layoffs-job-market-economy-unemployment-rate-hard-landing-2024-4
Layoffs could spike as recession is already here, forecaster says
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Big banks led by Citi continue to trim staff to cut costs: U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the ...
reuters.com/markets/us/big-banks-led-by-citi-continue-layoffs-amid-pressure-cut-costs-2024-04-16/
Big banks led by Citi continue to trim staff to cut costs
Profile picture of The Wall Street Journal
Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank Running Inside Ukraine
wsj.com/finance/banking/citigroup-ukraine-banking-russia-war-f7d6cdf8
Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank ...
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Hermes Can Surpass Vuitton as Luxury’s Biggest Brand, Citi Says: Hermes has potential to surpass LVMH’s flagship Louis Vuitton in the coming years as the luxury ...
bloomberg.com/news/articles/2024-04-15/hermes-can-surpass-vuitton-as-luxury-s-biggest-brand-citi-says
Hermes Can Surpass Vuitton as Luxury’s Biggest Brand, Citi Says
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Construction boom helps fuel job gains in March: U.S. employers added 303,000 jobs last month, and the unemployment rate dipped to 3.8% ...
npr.org/2024/04/05/1243019330/construction-jobs-unemployment-federal-reserve
Construction boom helps fuel job gains in March
Quick Glance: US economy adds impressive 303,000 jobs last month
  • Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.

  • US stock futures rose slightly on Friday morning, but markets have had a rough week.

  • The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.

  • Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.
Profile picture of Bloomberg
Wall Street Takes New Role as Matchmaker to Private Credit: Banks have found another way to fight back after private lenders have grabbed ever larger pieces of ...
bloomberg.com/news/articles/2024-04-17/wall-street-takes-new-role-as-matchmaker-in-private-credit-boom
Wall Street Takes New Role as Matchmaker to Private Credit
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Goldman Sachs reports earnings before market open — here's what the Street expects
cnbc.com/2024/04/15/goldman-sachs-gs-earnings-q1-2024.html
Goldman Sachs reports earnings before market open — here's what the Street ...
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JPMorgan, Citi, and Wells Fargo kicked off bank earnings. Here are the highlights
qz.com/jpmorgan-chase-citigroup-wells-fargo-earnings-q1-2024-1851406317
JPMorgan, Citi, and Wells Fargo kicked off bank earnings. Here are the ...
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Japanese AI tool predicts when recruits will quit jobs: Japanese businesses traditionally all hire graduates at the same time each year, but about one in 10 ...
channelnewsasia.com/asia/japan-ai-tool-predicts-quit-job-new-recruits-employee-data-4277971
Japanese AI tool predicts when recruits will quit jobs
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Citigroup CEO faces growth challenge as overhaul rattles employees: Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser ...
reuters.com/markets/us/citigroup-ceo-faces-growth-challenge-overhaul-rattles-employees-2024-04-09/
Citigroup CEO faces growth challenge as overhaul rattles employees
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Top Stocks JPMorgan, Citigroup, Wells Fargo Set To Kick Off Q1 Earnings Season: Wells Fargo stock, along with Citigroup and JPMorgan, continue to show strength ...
investors.com/research/earnings-preview/wells-fargo-jpmorgan-citigroup-earnings/
Top Stocks JPMorgan, Citigroup, Wells Fargo Set To Kick Off Q1 Earnings ...
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US weekly jobless claims remain at low level: The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week ...
reuters.com/world/us/us-weekly-jobless-claims-unchanged-low-levels-2024-04-18/
US weekly jobless claims remain at low level
Profile picture of Axios (website)
Big banks warn of sting as Americans shift towards higher-yielding deposits.: A trio of banks turned in strong first quarter earnings, but warned that profits ...
axios.com/2024/04/12/j-p-mogran-chase-q1-earnings-interest-rates
Big banks warn of sting as Americans shift towards higher-yielding ...
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A Big Takeaway From Bank Earnings? Wall Street Is Winning Again.: For one quarter at least, investment banking is outpacing consumer-focused businesses ...
on.barrons.com/3xCyAtJ
A Big Takeaway From Bank Earnings? Wall Street Is Winning Again.
Profile picture of Bloomberg
Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
bloomberg.com/news/articles/2024-04-19/wall-street-fires-up-deals-for-preferred-shares-with-fed-on-hold
Wall Street Fires Up Deals for Preferred Shares With Fed on Hold
Profile picture of Euractiv
EU economy 'stronger than five years ago', von der Leyen tells parliament: Despite the "historic crises" of the pandemic and Russia's invasion of Ukraine ...
euractiv.com/section/economy-jobs/news/eu-economy-stronger-than-five-years-ago-von-der-leyen-tells-parliament/
EU economy 'stronger than five years ago', von der Leyen tells parliament
Quick Glance: EU Threatens to Suspend TikTok Lite App Features
  • The European Commission has expressed concerns over the 'risks of serious damage for the mental health of users', including minors, regarding the TikTok Lite app.

  • TikTok Lite allows users in France and Spain to earn points that can be exchanged for vouchers or gift cards by watching and liking videos.

  • The commission is threatening to take interim measures, including suspending the rewards program in the European Union, if TikTok fails to provide a risk assessment.

  • The EU has already fined TikTok under the Digital Services Act and could impose further sanctions if the company does not respond to requests or prove safety measures.
Profile picture of Nikkei Asia
Japan tech skills, Mideast money to drive more Asia M&A: Citi exec: TOKYO -- The mergers and acquisitions market in Asia will grow in 2024, said Jan Metzger ...
asia.nikkei.com/Editor-s-Picks/Interview/Japan-tech-skills-Mideast-money-to-drive-more-Asia-M-A-Citi-exec
Japan tech skills, Mideast money to drive more Asia M&A: Citi exec
Profile picture of Scroll.in
Few Indian youngsters have registered to vote –and what that means: With first-time voters and the youth accounting for a large share of India’s population ...
scroll.in/article/1066766/few-indian-youngsters-have-registered-to-vote-and-what-that-means
Few Indian youngsters have registered to vote –and what that means
Profile picture of otz.de
Be careful: Unemployment reduces your pension so drastically: Unemployment also leads to a lower pension in old age.
morgenpost.de/wirtschaft/article242150714/Vorsicht-So-drastisch-reduziert-Arbeitslosigkeit-die-Rente.html
Be careful: Unemployment reduces your pension so drastically
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Lower Saxony: How Cuxhaven benefits from the energy transition: High unemployment, lack of prospects - That is a thing of the past for Cuxhaven ...
neuepresse.de/der-norden/niedersachsen-wie-cuxhaven-von-der-energiewende-profitiert-KTO24AQGY5ARZGYCZH6DTU3YPA.html
Lower Saxony: How Cuxhaven benefits from the energy transition
Profile picture of The Oregonian
Relief for Oregon unemployment claim delays could take ‘several months’ to kick in
oregonlive.com/business/2024/04/relief-for-oregon-unemployment-claim-delays-could-take-several-months-to-kick-in.html
Relief for Oregon unemployment claim delays could take ‘several months’ to ...
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India's high unemployment is a 'ticking bomb,' opposition says as election battle with Modi's BJP heats up
cnbc.com/2024/04/23/india-elections-opposition-blames-modis-bjp-for-high-jobless-rate.html
India's high unemployment is a 'ticking bomb,' opposition says as election ...
Profile picture of The Local
FDP's push for tougher benefit sanctions in Germany sparks coalition row: The FDP's proposal to boost the German economy by coming down hard on unemployment ...
thelocal.de/20240422/fdps-push-for-tougher-benefit-sanctions-in-germany-sparks-coalition-row
FDP's push for tougher benefit sanctions in Germany sparks coalition row
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Employment rate among migrants reaches record high: "Inactivity and unemployment among people with a migrant background are structurally higher but thanks ...
brusselstimes.com/belgium/1013436/employment-rate-among-migrants-reaches-record-high
Employment rate among migrants reaches record high
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PM has several techniques to ‘divert from issues’: Rahul Gandhi: "Unemployment and inflation are at their peak in the country and Narendra Modi says ...
indianexpress.com/elections/rahul-gandhi-pm-modi-muslim-remarks-unemployment-inflation-9283930/
PM has several techniques to ‘divert from issues’: Rahul Gandhi
Profile picture of finanzen.net
Citigroup experts with bullish price target: Gold price could soon break $3,000: The price of gold seems to be showing no signs of stopping recently ...
finanzen.net/nachricht/rohstoffe/stuetzende-faktoren-geopolitische-risiken-und-zinserwartungen-citigroup-experten-sehen-goldpreis-bei-3-000-us-dollar-13423561
Citigroup experts with bullish price target: Gold price could soon break ...
Profile picture of Financialexpress
Orix India appoints Vivek Wadhera as new MD and CEO: He is a Chartered Accountant by profession and an alumnus of Sri Ram College of Commerce.
financialexpress.com/business/express-mobility-orix-india-appoints-vivek-wadhera-as-new-md-and-ceo-3461884/
Orix India appoints Vivek Wadhera as new MD and CEO
Profile picture of Bloomberg
US Applications for Unemployment Benefits Held Steady at 212,000: Initial applications for US unemployment benefits remained subdued last week ...
bloomberg.com/news/articles/2024-04-18/us-applications-for-unemployment-benefits-held-steady-at-212-000
US Applications for Unemployment Benefits Held Steady at 212,000
Profile picture of ekathimerini.com
Study reveals challenges faced by migrant graduates in EU labor markets: A recent study sheds light on the challenges faced by migrant graduates in the European ...
ekathimerini.com/economy/1236989/study-reveals-challenges-faced-by-migrant-graduates-in-eu-labor-markets/
Study reveals challenges faced by migrant graduates in EU labor markets
Profile picture of Deccan Herald
‘First Job Guarantee’ must be universal and local: ‘First Job Guarantee’ must be universal and local
deccanherald.com/opinion/first-job-guarantee-must-be-universal-and-local-2987522
‘First Job Guarantee’ must be universal and local
Profile picture of The Globe and Mail
India’s Modi promises jobs, infrastructure if BJP wins third term: Unemployment, inflation and rural distress remain issues of concern despite India’s strong ...
theglobeandmail.com/world/article-indias-modi-promises-jobs-infrastructure-if-bjp-wins-third-term/
India’s Modi promises jobs, infrastructure if BJP wins third term
Profile picture of Scroll.in
BR Ambedkar’s vision could hold solutions to India’s agrarian distress and unemployment
scroll.in/article/1066041/br-ambedkars-vision-could-hold-solutions-to-indias-agrarian-distress-and-unemployment
BR Ambedkar’s vision could hold solutions to India’s agrarian distress and ...
Profile picture of Scroll.in
Few Indian youngsters have registered to vote –and what that means: With first-time voters and the youth accounting for a large share of India’s population ...
scroll.in/article/1066766/few-indian-youngsters-have-registered-to-vote-and-what-that-means
Few Indian youngsters have registered to vote –and what that means
Profile picture of The Orange County Register
37% more Southern California workers added in March than average: Southern California's bosses added 27,800 workers in March
ocregister.com/2024/04/20/37-more-southern-california-workers-added-in-march-than-average/
37% more Southern California workers added in March than average
Profile picture of Bloomberg
US Workers Laid Off Multiple Times Face Self-Doubt in Tough Job Market: More than a year of ongoing cuts has left some workers out of a job more than once ...
bloomberg.com/news/articles/2024-04-17/us-workers-laid-off-multiple-times-face-self-doubt-in-tough-job-market
US Workers Laid Off Multiple Times Face Self-Doubt in Tough Job Market
Profile picture of Bloomberg
China’s Youth Unemployment Level Remains Steady in March: China reported a steady rate of youth unemployment in March after an official warned that joblessness ...
bloomberg.com/news/articles/2024-04-18/china-s-youth-unemployment-level-remains-steady-in-march
China’s Youth Unemployment Level Remains Steady in March
Profile picture of The Age
All eyes on inflation as unemployment edges up: The jobs market remains tight despite continued cost-of-living pressures and lacklustre consumer spending - which ...
theage.com.au/politics/federal/all-eyes-on-inflation-as-unemployment-edges-up-20240418-p5fkpw.html
All eyes on inflation as unemployment edges up
Profile picture of The Local
Unemployment benefits cut for almost 16,000 in Germany who refused work: The standard unemployment benefit rate paid to job seekers in Germany was reduced in ...
thelocal.de/20240420/unemployment-benefits-cut-for-almost-16000-in-germany-who-refused-work
Unemployment benefits cut for almost 16,000 in Germany who refused work
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Liam Dann: are we witnessing the death of paper money?: Veteran financial journalist Liam Dann returns to the show to shine a light on left-field economic news ...
rnz.co.nz/national/programmes/saturday/audio/2018935102/liam-dann-are-we-witnessing-the-death-of-paper-money
Liam Dann: are we witnessing the death of paper money?
Profile picture of Bloomberg
UK Unemployment Jumps to Six-Month High After Economy Cools: Britain’s unemployment rate rose unexpectedly to the highest in six months as the number of jobs in ...
bloomberg.com/news/articles/2024-04-16/uk-unemployment-jumps-to-six-month-high-after-economy-cools
UK Unemployment Jumps to Six-Month High After Economy Cools
Profile picture of BBC News
Unemployment jumps as UK jobs market stalls: The slowing jobs market has raised questions over when the Bank of England might cut interest rates.
bbc.com/news/business-68820103
Unemployment jumps as UK jobs market stalls
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
  • An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.

  • Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.

  • The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.

  • The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
Profile picture of DER AKTIONÄR
SAP shares: Numbers cast their shadows: Citigroup raises SAP price target to €200, sees potential for Q1 without any major surprises.
deraktionaer.de/artikel/aktien/sap-aktie-zahlen-werfen-ihre-schatten-voraus-20355291.html
SAP shares: Numbers cast their shadows
Profile picture of Los Angeles Times
Despite lagging performance, California expected to avoid recession: For the second month in a row, California posted the highest unemployment figure in the ...
latimes.com/business/story/2024-04-19/california-returns-to-job-growth-in-march-but-unemployment-rate-remains-highest-in-nation
Despite lagging performance, California expected to avoid recession
Profile picture of The Local
EXPLAINED: What you should know if you want to quit your job in Germany: There are a few official steps to follow if you decide to quit your job in Germany - ...
thelocal.de/20230731/explained-what-you-should-know-if-you-want-to-quit-your-job-in-germany
EXPLAINED: What you should know if you want to quit your job in Germany
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Wall Street Bank Leaders Hail IPO Market’s Budding Revival: The leaders of Wall Street’s largest banks are optimistic about the reopening of the market for ...
dailymaverick.co.za/article/2024-04-17-wall-street-bank-leaders-hail-ipo-markets-budding-revival/
Wall Street Bank Leaders Hail IPO Market’s Budding Revival
Profile picture of MarketWatch
U.S. unemployment is underestimated due to immigration mismeasurement: Goldman : The unemployment rate would be higher if the full impact of immigration ...
marketwatch.com/story/u-s-unemployment-would-be-higher-if-illegal-immigration-was-properly-counted-goldman-sachs-estimates-3df87d4c
U.S. unemployment is underestimated due to immigration mismeasurement: ...
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Care in need in MV: These are the biggest construction sites: Susanne Schulz spoke to Maik Wolff, head of a nursing service in Neubrandenburg ...
nordkurier.de/regional/neubrandenburg/pflege-in-mv-in-not-das-sind-die-groessten-baustellen-2428099
Care in need in MV: These are the biggest construction sites
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Biden Should Learn From Modi That Inflation Matters More Than Jobs: India’s leader is cruising to re-election despite stagnant wages and high unemployment in ...
bloomberg.com/opinion/articles/2024-04-18/biden-should-learn-from-modi-that-inflation-matters-more-than-jobs
Biden Should Learn From Modi That Inflation Matters More Than Jobs
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“If the data requires it”: Fed sends signals for interest rate hikes for the first time
n-tv.de/wirtschaft/Fed-sendet-erstmals-Signale-fuer-Zinserhoehung-article24884271.html
“If the data requires it”: Fed sends signals for interest rate hikes for ...
Profile picture of The Sacramento Bee
California overpaid as much as $55B in unemployment claims. Will it ever get the money back?
sacbee.com/news/politics-government/article287794300.html
California overpaid as much as $55B in unemployment claims ...
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Massachusetts misses an opportunity to better serve jobless workers: MassHire career centers would be good sites for the Department of Unemployment Assistance to ...
bostonglobe.com/2024/04/18/business/massachusetts-jobless-benefits-dua-ron-iacobucci-masshire/
Massachusetts misses an opportunity to better serve jobless workers
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UK unemployment rises more than expected as job market cools: The unemployment rate in Britain has risen by more than expected and wage growth has eased back ...
dailysabah.com/business/economy/uk-unemployment-rises-more-than-expected-as-job-market-cools
UK unemployment rises more than expected as job market cools
Profile picture of The Atlanta Journal-Constitution
Georgia added 16,200 jobs in March; jobless rate remains at record low: With a blast of change-of-seasons hiring, the Georgia economy added more than twice the ...
ajc.com/news/atlanta-news/georgia-added-16200-jobs-in-march-jobless-rate-remains-at-record-low/YDCS5ATINRHYRLSTWLAYMN5SBY/
Georgia added 16,200 jobs in March; jobless rate remains at record low