Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
cnbc.com/2023/02/03/jobs-report-january-2023-.html
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| Last Updated | Feb 04 23 |
| Total Articles | 4 |
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January jobs report: 517,000 payrolls added, unemployment rate at 3.4%: The unemployment rate in January was 3.4%, just below what was expected ...
businessinsider.com/job-growth-unemployment-rate-recession-outlook-january-jobs-report-2023-2
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January jobs report: 517,000 payrolls added, unemployment rate at 3.4%: The unemployment rate in January was 3.4%, just below what was expected ...
businessinsider.com/job-growth-unemployment-rate-recession-outlook-january-jobs-report-2023-2
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The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Fed Interest-Rate Cut Is Not Likely Until End of Year, Raphael Bostic Reiterates: Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable ...
bloomberg.com/news/articles/2024-04-18/bostic-says-fed-can-be-patient-cut-not-likely-until-end-of-year
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U.K. Flagship FTSE 100 Index Hits Fresh Record High: The U.K.’s FTSE 100 opened at an all-time high as weakness in the pound and easing geopolitics boosted the ...
wsj.com/finance/stocks/u-k-flagship-ftse-100-index-hits-fresh-record-high-04047f5a
Unlocking India's Potential Through GARP Investing: GARP, or Growth at a Reasonable Price, is an investment strategy that combines aspects of both growth and ...
seekingalpha.com/article/4684285-unlocking-indias-potential-through-garp-investing
Paid articlePaid Fed’s Raphael Bostic Sees One Rate Cut, But Open to Changing View: Federal Reserve Bank of Atlanta President Raphael Bostic reiterated his expectation for one ...
bloomberg.com/news/articles/2024-04-09/fed-s-bostic-sees-one-cut-but-left-door-open-to-changing-view
Paid articlePaid You send 🙂. But Gen Z sees 🤔🙁🤨. The language of emojis has different translations, depending on your age.
Sending Smiley Emojis? They Now Mean Different Things to Different People: Many emojis have evolved different meanings for Gen Z while keeping their original ...
wsj.com/articles/sending-a-smiley-face-make-sure-you-know-what-youre-saying-11628522840
People No Longer Know How Much to Tip: As requests for more and bigger tips increase, so does confusion.
wsj.com/personal-finance/people-no-longer-know-how-much-to-tip-a6ec4b66
Stock market today: US stocks mixed ahead of GDP data, fresh earnings: Meta Platforms will report earnings after the closing bell, with Microsoft and Alphabet on ...
markets.businessinsider.com/news/stocks/stock-market-today-economy-outlook-gdp-earnings-q1-tech-rally-2024-04
Help. I’m Trapped in a Boring Conversation and Can’t Get Out.: Our columnist provides a user-friendly guide to making the conversation better or making your ...
wsj.com/lifestyle/relationships/help-im-trapped-in-a-boring-conversation-and-cant-get-out-c35c28fd
Stocks could jump 13% even with dimming rate-cut outlook: Fundstrat: The S&P 500 could end the year at 5,700 even if the outlook for Fed rate cuts doesn't ...
markets.businessinsider.com/news/stocks/stock-market-fed-rate-cut-outlook-inflation-sp500-rally-fundstrat-2024-4
Morning Bid: Recoiling oil and dollar sow calm as tech earnings loom: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-18/
Consumer prices rose 3.5% from a year ago in March, more than expected: The consumer price index in March was expected to increase 3.4% from a year ago ...
cnbc.com/2024/04/10/cpi-inflation-march-2024-consumer-prices-rose-3point5percent-from-a-year-ago-in-march.html
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
Opinion | What Would Russian Victory in Ukraine Look Like?: It would send shock waves across the globe, make China and Iran bolder, and endanger NATO.
wsj.com/articles/what-would-russian-victory-in-ukraine-look-like-war-aid-putin-fae2a24a
BUZZ Investing: Echoes Of 'Mission Accomplished' Amid Inflation Battle: Domestic stock markets changed little during the recent period between Index selection ...
seekingalpha.com/article/4683294-buzz-investing-echoes-of-mission-accomplished-amid-inflation-battle
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Veteran fund manager delivers blunt warning on stocks: Here's what could happen to the stock market next.
thestreet.com/investing/stocks/veteran-fund-manager-delivers-blunt-warning-on-stocks
Tesla Is Running Out of Time to Deliver on Self-Driving Promises: The electric-vehicle pioneer seems to be shifting its growth hopes to the unproven technology ...
wsj.com/business/autos/tesla-is-running-out-of-time-to-deliver-on-self-driving-promises-92f4afc1
I Said Yes to Every Upgrade in Las Vegas. Here’s What It Cost.: What if you went to the world capital of VIP options and agreed to try all the upsells?
wsj.com/lifestyle/travel/las-vegas-hotels-upgrades-vip-price-a9c4f546
BlackRock CEO Larry Fink Says AI Will Boost Productivity, Worker Pay: Fink says AI will ultimately lead to higher wages as the firm produces more with fewer ...
bloomberg.com/news/articles/2024-04-12/blackrock-ceo-larry-fink-says-ai-will-boost-productivity-worker-pay
Paid articlePaid Company Bosses Draw a Red Line on Office Activists: Google’s dismissal of protesting workers is the latest example of employers pushing back against pressure ...
wsj.com/lifestyle/workplace/company-bosses-draw-a-red-line-on-office-activists-bd11b7aa
He Turned 55. Then He Started the World’s Most Important Company.: Morris Chang had decades of experience before he founded a business that’s indispensable to ...
wsj.com/tech/tsmc-morris-chang-taiwan-semiconductor-chips-entrepreneurship-506fcbc4
Project Primus Looks to Teach Family Scions How to Invest : The investment boot camp, which requires a $1 million commitment, aims to capitalize on the coming ...
wsj.com/articles/project-primus-looks-to-teach-family-scions-how-to-invest-b4ea0e70
Exclusive | Nordstrom Family Weighs Taking Retailer Private: The department-store chain has formed a special board committee and tapped bankers to consider a ...
wsj.com/business/retail/nordstrom-family-weighing-taking-retailer-private-ff951e5d
Why isn’t Joe Biden getting credit for America’s sturdy jobs market?: Hint: it's not hot for everyone, everywhere
ft.com/content/9893f086-cf86-4ce4-a3c1-19ab5ef1b1b8
From Cubicle to Corporate Icon, Costco Finance Chief Ends 40-Year Run: Richard Galanti has stepped down as CFO after nearly four decades in the role ...
wsj.com/articles/from-cubicle-to-corporate-icon-costco-finance-chief-ends-40-year-run-52e986d1
Your Next Big Move Should Scare You: Your gut says no. Here’s why you shouldn’t always listen to it.
wsj.com/articles/your-next-big-move-should-scare-you-15d23b48
Marketer Behind the Stanley Cup Frenzy Returns to Crocs: Terence Reilly rejoins the company to run its homely Heydude brand of shoes after turning the Stanley ...
wsj.com/articles/marketer-behind-the-stanley-cup-frenzy-returns-to-crocs-371a8ae6
Bridgewater’s Bob Prince says Fed rate-cutting hopes are ‘off track’: Influential investor says US inflation and growth are not at levels where interest rates ...
ft.com/content/680c17d1-0d55-4697-aff8-7dcca8c06679
What if you lose your job today?: Experts advise on what you can do if the hard news hits you unexpectedly.
monitor.co.ug/uganda/business/prosper/what-if-you-lose-your-job-today--4600306
Futures tread higher ahead of latest inflation test: U.S. stock index futures edged higher on Wednesday in the lead up to a crucial inflation reading that could ...
reuters.com/markets/us/futures-tread-higher-ahead-latest-inflation-test-2024-04-10/
He sold burritos out of his apartment window. Now he’s running a $7 billion startup.
He Sold Burritos Out of His Apartment Window. Now He’s Running a $7 Billion Startup.
wsj.com/business/entrepreneurship/zach-reitano-ro-ceo-zachariah-656a75c2
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
Gold price approaches record high: US stock markets continue to weaken: Strong labor market figures and statements from a leading central banker reinforce US ...
n-tv.de/wirtschaft/US-Boersen-schwaecheln-weiterhin-article24884858.html
‘Macbeth’ Review: Ralph Fiennes’s Ferocious Tyrant: The actor stars in a production by Washington’s Shakespeare Theatre Company that finds a chilling ...
wsj.com/articles/macbeth-review-ralph-fienness-ferocious-tyrant-424d3330
Your Employee Thinks They’re God’s Gift. How to Break It to Them.: Being up front and catering to different communication styles can help, but some people are ...
wsj.com/lifestyle/careers/manager-feedback-underperforming-employee-96f255b1
Test Your Knowledge About Electric Cars With Our Quiz: First question: Which country leads the way in EVs?
wsj.com/business/autos/electric-vehicle-quiz-ea7247f3
Boeing Engineer Says Company Used Shortcuts to Fix 787 Jets: A complaint to regulators said the company dismissed quality and safety concerns during production ...
wsj.com/business/airlines/boeing-engineer-says-company-used-shortcuts-to-fix-787-jets-f1b97dbc
Investors wrongfooted as ‘higher for longer’ rates return to haunt markets: Analysts tear up interest rate forecasts as inflation proves more stubborn than most ...
ft.com/content/49a21c3f-5a99-4f76-96f6-11899057378a
Rent the Runway (RENT) Extends Rally, on Pace for Record Weekly Gain: Rent the Runway Inc. extends rally Friday, rising as much as 27.6%, after it reported ...
bloomberg.com/news/articles/2024-04-12/rent-the-runway-extends-rally-on-pace-for-record-weekly-gain
Paid articlePaid 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/
Opinion | MGM Grand Casino: Hacked by Criminals, Probed by the FTC: Lina Khan’s agency investigates the resort operator for supposed deficiencies in the ...
wsj.com/articles/hacked-by-criminals-probed-by-the-ftc-cyberattack-mgm-resorts-khan-a2a51497
U.S. adds 303,000 jobs in March as unemployment rate dips: The U.S. labor market has proved remarkably resilient over the last year.
axios.com/2024/04/05/jobs-report-march-us-economy
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.
Brazilian police detain woman suspected of taking a dead man to withdraw bank loan
richmond.com/news/nation-world/crime-courts/brazil-woman-dead-man-bank-loan/article_1de4165d-625f-5e5a-8cc9-965517144599.html
Key inflation report may derail interest-rate cuts: Stocks could slump if this report shows inflation heating up.
star-telegram.com/news/business/article287456840.html
Powell curbs interest rate hopes: Dow closes higher, Nasdaq loses: US Federal Reserve Chairman Powell further dampens market expectations of interest rate cuts ...
n-tv.de/wirtschaft/Dow-schliesst-im-Plus-Nasdaq-verliert-article24878772.html
JP Morgan CEO Jamie Dimon delivers stark warning on inflation, economy: 'We may be entering one of the most treacherous geopolitical eras since World War II ...
thestreet.com/investing/stocks/jpmorgan-ceo-jamie-dimon-issues-stark-warning-on-inflation-and-the-economy
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
Retail sales jumped 0.7% in March, much higher than expected: Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus ...
cnbc.com/2024/04/15/retail-sales-jumped-0point7percent-in-march-much-higher-than-expected.html
Eli Lilly (LLY), Novo (NOVOB DC) Risk Missing High Expectations, Goldman Says: The weight loss drug frenzy that’s driven Eli Lilly & Co. and Novo Nordisk A/S ...
bloomberg.com/news/articles/2024-04-12/lilly-novo-euphoria-risks-disappointing-investors-goldman-says
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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/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Yellen Says US Can Bring Inflation Down Without Hurting Jobs: Treasury Secretary Janet Yellen said US inflation can come down without requiring a weakening in ...
bloomberg.com/news/articles/2024-04-25/yellen-says-us-can-bring-inflation-down-without-hurting-jobs
Paid articlePaid White-Collar Hiring Stalls Out in Miami, Austin Job Markets: Hiring in professional services, finance and technology is running at one-third the rate of the ...
bloomberg.com/news/articles/2024-04-25/white-collar-hiring-stalls-out-in-miami-austin-job-markets
Delhi’s Dilemma: A Growing Economy and Growing Unemployment: India is on its way to becoming the third-largest economy in the world, yet unemployment among young ...
thediplomat.com/2024/04/delhis-dilemma-a-growing-economy-and-growing-unemployment/
Fixed Income Luminaries Favor Coupon Clipping as US Yields Rise: Welcome to the Weekly Fix, the newsletter with high yields and low duration risk ...
bloomberg.com/news/newsletters/2024-04-26/fixed-income-luminaries-favor-coupon-clipping-as-us-yields-rise
French Consumer Confidence Unexpectedly Dropped in April: Chart
bloomberg.com/news/articles/2024-04-26/french-consumer-confidence-unexpectedly-dropped-in-april-chart
Paid articlePaid US GDP: Strong Economy Doesn’t Make the Fed’s Job Harder: The past year has shown that it is possible to have a rapid decrease in inflation along with low ...
bloomberg.com/opinion/articles/2024-04-25/us-gdp-strong-economy-doesn-t-make-the-fed-s-job-harder
Paid articlePaid Unemployment biggest worry in India, world's fastest growing economy: Reuters poll
reuters.com/world/india/unemployment-biggest-worry-india-worlds-fastest-growing-economy-2024-04-24/
Why unemployment in Spain is rising and what's being done to cap it?: The abundance of temporary contracts, as well as low productivity have both ...
euronews.com/business/2024/04/26/why-is-spains-unemployment-rate-rising-and-whats-being-done-to-cap-it
Closing bell USA: quarterly figures drag indices down - IBM and Meta smear: US stock markets suffer from weak quarterly figures from Meta, Caterpillar and IBM; ...
deraktionaer.de/artikel/indizes/schlussglocke-usa-quartalszahlen-ziehen-indizes-nach-unten-ibm-und-meta-schmieren-ab-20356210.html
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to still tight labor market conditions. Show more
US stock exchanges in decline: Bad figures and then that too!: US markets fall after disappointing GDP data and weak quarterly numbers from Meta ...
deraktionaer.de/artikel/indizes/us-boersen-im-sinkflug-schlechte-zahlenvorlagen-und-dann-auch-noch-das-20356204.html
Will under-13 curfews really make France safer?: In Béziers, the Mayor this week said that in three districts of the city, no kid under 13 may be on the street ...
spectator.co.uk/article/will-under-13-curfews-really-make-france-safer/
Can I get unemployment benefits in Austria if I'm self-employed?: If you work in Austria as a freelancer or self-employed person, it may be confusing to ...
thelocal.at/20240425/can-i-get-unemployment-benefits-in-austria-if-im-self-employed
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
Ask the law: Who pays for unemployment insurance premiums?: Conditions for eligibility for insurance compensation clarified
gulfnews.com/uae/ask-the-law-who-pays-for-unemployment-insurance-premiums-1.102211297
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO: The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23 ...
wsj.com/tech/cybersecurity-firm-rubrik-to-raise-752-million-in-u-s-ipo-96bf0cc9
California labor tries again to get unemployment pay for striking workers. Can state afford it?
sacbee.com/news/politics-government/capitol-alert/article287981465.html
Kuwaitis Favor Public Sector Jobs Over Private Sector Opportunities: KUWAIT CITY, April 24: In light of the inability of the public sector to generate new job ...
arabtimesonline.com/news/kuwaitis-favor-public-sector-jobs-over-private-sector-opportunities/
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
India Saw Significant Decline In Unemployment Rate, Shows Government Data: Periodic Labour Force Survey or PLFS data of the last six years indicates an improving ...
ndtv.com/india-news/india-saw-significant-decline-in-unemployment-rate-shows-government-data-5514048
FREE TO READ | Tackling the root causes of inequality and joblessness: Social Impact magazine notes that we need to do more to uplift society and go beyond ...
timeslive.co.za/sunday-times/business/2024-04-24-free-to-read-tackling-the-root-causes-of-inequality-and-joblessness/
Unemployment emerges as top concern in India despite economic growth: Reuters poll
wionews.com/business-economy/unemployment-emerges-as-top-concern-in-india-despite-economic-growth-reuters-poll-714411
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
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Enough Of This Suffering, The Gruesome Betrayal; 10 Years Of Despotic Rule, 10 Dreadful Deceptions Part- IV| Countercurrents
countercurrents.org/2024/04/enough-of-this-suffering-the-gruesome-betrayal-10-years-of-despotic-rule-10-dreadful-deceptions-part-iv/
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
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
Which college majors earn most (and least) money after graduation? What federal data shows
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South African Elections: What If the ANC Has to Share Power?: Polls show that the country—which heads to the polls on May 29—could enter uncharted political ...
bloomberg.com/news/features/2024-04-19/south-african-elections-what-if-the-anc-has-to-share-power
Paid articlePaid 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
Meta Releases Latest AI Model With Plans to Highlight More on Instagram, Other Apps
wsj.com/tech/ai/meta-releases-latest-ai-model-with-plans-to-highlight-more-on-instagram-other-apps-3ca236e2
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