Jobs

Wall Street’s Big Bet on Jumbo Fed Cuts Hangs on…

Posted by September 5, 2024

(Bloomberg) -- The bold bet from the likes of Citigroup Inc. and JPMorgan Chase & Co. that the Federal Reserve will slash interest rates by a half-percentag

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Treasuries, Yen Rally After Weak US Jobs Report: Markets Wrap

Posted by September 4, 2024

(Bloomberg) -- The effects of a rally in Treasuries spread across Asian markets Thursday, weakening the dollar and supporting the yen as investors prepared for

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US Job Openings Decline to Lowest Level Since January 2021

Posted by September 4, 2024

(Bloomberg) -- US job openings fell in July to the lowest since the start of 2021 and layoffs rose, consistent with other signs of slowing demand for workers.Mo

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US Steel Warns Thousands Jobs at Risk Without Nippon Steel

Posted by September 4, 2024

(Bloomberg) -- United States Steel Corp. is warning union leaders and politicians pushing to block its acquisition by Nippon Steel Corp. that doing so would imp

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Treasuries Soar as Jobs Fuel Bets on Jumbo Fed Cut:…

Posted by September 3, 2024

(Bloomberg) -- Treasury yields tumbled as data showing a slowdown in the US labor market boosted Wall Street’s bets on Federal Reserve rate cuts. Stocks fell

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Altman Infrastructure Plan Aims to Spend Tens of Billions in…

Posted by September 3, 2024

(Bloomberg) -- OpenAI Chief Executive Officer Sam Altman’s plans for a massive buildout of the machinery and systems needed for artificial intelligence are co

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Stocks Trim Gains as Traders Parse Jobs Revision: Markets Wrap

Posted by August 20, 2024

(Bloomberg) -- Stocks trimmed gains after the annual revision of US payrolls, with Wall Street now gearing up for the Federal Reserve minutes in the run-up to J

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North Koreans worked for American firms, earning US$6.8 million to…

Posted by May 17, 2024

Posing as Americans, North Korean technology workers secured remote work contracts with hundreds of US companies as part of a scheme to help fund Pyongyang’s

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QEF 2024: ‘Drone tech will create more than it takes…

Posted by May 16, 2024

Are we that much closer to widespread drone use within the delivery and logistic sectors? Beth Flippo argued at the Qatar Economic Forum that this technology w

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