Economy

“The Great Resignation looks set to continue — 1 in 5 say they’ll change jobs in the next year”

“The Great Resignation is set to continue, according to a new global survey by PwC, with one in five saying they are likely to switch jobs in the next 12 months. PwC launched its “Global Workforce Hopes and Fears Survey 2022” at the World… Continue Reading…

Stocks

“10 great stocks to own because oil prices have surged: Goldman Sachs”

“Mehta outlined 10 oil stocks he is bullish on in a new piece of research on Tuesday: (1) Occidental Petroleum (OCY); (2) ExxonMobil (XOM); (3) Ovintiv (OVV); (4) Diamondback Energy (FANG); (5) ConocoPhillips (COP); (6) EQT Corporation (EQT); (7) Pioneer… Continue Reading…

Economy

“The US economy has erased nearly all the job gains since the Great Recession”

“It took only four weeks for the U.S. economy to wipe out nearly all the job gains in the last 11 years. The coronavirus and the forced closure of business throughout the country again fueled the number of Americans applying… Continue Reading…

Banking, Economy

The U.S. Economy Is Great But Fed Most Likely Will Cut Rates

“The Fed, whose policymakers meet next week to set interest rates, lacks a pressing domestic case to clip borrowing costs: The jobless rate was close to a five-decade low at 3.7% in June, consumer spending is buoyant and the overall expansion just became… Continue Reading…