view | The New Jobs Report Is Strong, But Why Is Labor Participation Still Low?

Comment on this story Suspension For the most part, the jobs numbers released on Friday were impressive: stronger-than-expected job growth, a near-record low unemployment rate, and employment in most key sectors of the economy. None of these measures indicate an economy in recession, though they are widespread perceptions Among voters we are already in one. … Read more

Downtown San Francisco’s condo market is in shambles, with units being sold at bargain prices

According to a new report from real estate brokerage Compass, San Francisco’s precarious post-COVID recovery is hurting the downtown apartment market, as owners are increasingly willing to sell at a discount amid ongoing layoffs and office closures. Median condo sales prices in the greater downtown and South Market area — which includes Civic Center, SoMa, … Read more

Anduril, Palmer Lockey’s defense firm, has raised nearly $1.5 billion

Defense tech firm Anduril raised nearly $1.5 billion in the second-largest venture capital round of the year in the US, marking a milestone for young technology companies trying to break into the notoriously hard-hitting field of defense procurement. Andurell said the investment is worth $7 billion, excluding new cash he is raising, up from $4.2 … Read more

5 things to know before the stock market opens on Friday, December 2nd

A GE AC4400CW diesel-electric locomotive is seen in the livery of Union Pacific, ahead of a potential strike if there is no agreement with the railroad unions, as a Metrolink passenger train (right) arrives at Union Station in Los Angeles, Calif., Sept. 15, 2022. Bing Guan | Reuters Here are the top stories investors need … Read more

European markets are open for the close as investors react to the US jobs data

Stocks on the go: Hexatronic up 8%; Energy stocks are falling Scandinavian optical fiber company Hexa It led the gains in late morning trading, rising nearly 8% after announcing its acquisition of telecommunications company KNET. Swedish investment company Kennewick European stocks remained the worst performers after an analyst downgrade. Energy companies also backtracked ahead of … Read more

3 books that will make you 6 characters

opinions expressed Entrepreneur Shareholders are theirs. “Mentality‚Äú…the new buzzword, sort of like pivot (barf). I was the same way. The daughter of a Marine, born in the early 1980s and raised to five, I definitely hadn’t heard anything about “mentalism” as a kid. What I heard is: “Money doesn’t grow on trees” or “Not now, … Read more

South Korea inflation, US jobs report, COVID-19 in China

India is poised to become the third largest economy by 2030 India is expected to overtake Japan and Germany to become the third largest economy in the world. Standard & Poor’s Worldwide Morgan Stanley predicted in a report. The S&P forecast is based on the expectation that India’s average annual nominal GDP growth will be … Read more