October 12, 2023
“Crude futures fell more than 2% following a hotter-than-expected Producer Price Index inflation print and signs that a conflict between Israel and Hamas may not extend to other countries, namely Iran… “While uncertainty is high, war in Israel is unlikely… Continue Reading…
October 10, 2023
https://finance.yahoo.com/m/4860dae8-ef14-316e-b390-86f867d5e267/evergrande-investors-warn-of.html The article is behind a paywall so I’ll just comment on the subject. Pretty much all of the real estate in China is in trouble. Many of the major real estate companies were selling houses before they were build… Continue Reading…
October 9, 2023
“Just as Hollywood’s writers and studios reached a tentative deal to return to work after nearly 150 days, a new strike was brewing. More than 75,000 health-care workers walked off the job Wednesday at Kaiser Permanente, the nation’s largest non-profit health-care organization, driven in part by demands for… Continue Reading…
October 9, 2023
“Amazon is planning to hike pay for its operations workers in the U.K. and add 15,000 new staff ahead of the holidays, as the e-commerce giant prepares itself for a wave of demand ahead of Christmas. The company said Monday that it would… Continue Reading…
October 6, 2023
“Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington. Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones… Continue Reading…
October 3, 2023
“…The latest Job Opening and Labor Turnover Survey, or JOLTS report, released Tuesday revealed there were 9.6 million jobs open at the end of August, an increase from the 8.92 million job openings in July. Economists surveyed by Bloomberg had expected there… Continue Reading…
October 3, 2023
“Taylor Swift fans forked out an average $2,183 for a resold ticket to a concert on the superstar’s The Eras Tour, according to resale research site TicketIQ. Now, ticket resellers may owe taxes on profits made during what may turn to be —… Continue Reading…
September 27, 2023
“A “soft landing” for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also a 40% chance that the Fed will need to raise interest rates “meaningfully” to… Continue Reading…
September 27, 2023
“…Guyana, a country in South America with a population of about 800,000 people, is projected to grow 38% by the end of the year — an “extremely fast” pace, according to recent GDP forecasts by the International Monetary Fund… BMI, a… Continue Reading…
September 27, 2023
“The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according to a new report by the Latino Donor Collaborative in partnership with Wells Fargo… While growth for the Latino community remains widespread… Continue Reading…
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