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
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
The November jobs report Equities took a heavy hit today, as data from the Labor Department indicated that the Federal Reserve still has a long way to go in its efforts to slow the economy. Specifically, the US added a much higher-than-expected 263,000 jobs in November, while the unemployment rate held steady at 3.7% and … Read more
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
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
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
Image source: Getty Images You may want to stay where you are for a few more weeks. the main points You may be itching to get a new job while companies are still hiring. If you wait until the new year to apply for one, you can break out financially. There are many reasons you … Read more
opinions expressed Entrepreneur Shareholders are theirs. “Mentality“…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
FOX Business host Larry Kudlow discusses the state of the economy and the Democrats’ sweeping spending bill in a lame duck session on “Kudlow.” So far this year we have official estimates of economic growth and inflation for the first three quarters or nine months of 2022. The results are very poor. for the first … Read more
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
