US job openings remained high in sign of economic resilience

·

·

US job openings remained high in sign of economic resilience

WASHINGTON (AP) — U.S. job openings slipped in November but remained high, suggesting businesses are still determined to add workers, a blow to the Federal Reserve’s efforts to cool hiring and wage gains. There were 10.46 million job vacancies on the …
See Original Article

ISM shows weakness in US factory activity spreading in December

By Greg Robb. Inflation in goods seen cooling as ISM prices index falls to lowest level since the pandemic. The numbers: A closely-watched index that measures U.S. manufacturing activity slipped to 48.4 in December from 49 in the prior month, …
See Original Article

Fed Minutes Hint At Optimism On Inflation, But Forecast High Rates For 2023

The minutes acknowledged that inflation has eased in recent months. Still the Fed is concerned that high wage growth could ultimately prevent inflation falling back to the Fed’s 2% goal. The Fed …
See Original Article

Cryptocurrency giant Coinbase strikes a $100 million deal with New York regulators

Coinbase, a publicly traded cryptocurrency exchange, will pay $100 million in fees because of “significant failures in its compliance program” that violated New York state laws. Wednesday’s announcement of the settlement between Coinbase and the New …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.