The U.S. job market beat expectations again in November, adding 263,000 payrolls led by the service sector. Leisure and hospitality was the top category for job gains, according to a report from the U.S. Bureau of Labor Statistics, adding 88,000 jobs. Roughly 62,000 of those jobs were in food and drink services, the report said. […]
“If you have the drive, determination, and killer instinct needed to fight New York City’s relentless rat population — then your dream job awaits,” tweeted Mayor Eric Adams. Original news source Credit: www.cnbc.com
Holger Scheibe | The Image Bank | Getty Images The rate of job cut announcements at U.S. employers in November was more than five times greater than a year ago, according to a report by Challenger, Gray & Christmas. Overall, U.S.-based firms announced 76,835 job cuts in November, led by the technology sector. So far this […]
Chinese stocks rose this week after the nation’s health authorities reported an uptick in Covid-19 vaccination rates , which are regarded as crucial to reopening the country. A change in China’s strict zero-Covid policy would reverberate across the world, particularly affecting large global companies with significant links to the world’s second-largest economy. However, there remains […]
Electric vehicle stocks have had a tough year, but don’t count them out just yet, according to Evercore ISI. Analyst Chris McNally said the past year has been a much-needed expectation reset for nascent EV players, such as Fisker , Rivian Automotive and Lucid Group . Their stocks are down more than 65% over the […]
Tech stocks have endured a brutal year so far, but asset manager Patrick Armstrong believes investor interest in Big Tech could reignite next year. Armstrong, who is chief investment officer at wealth manager Plurimi Wealth, has put his money where his mouth is: his firm owns shares in Google parent Alphabet and Apple . “I […]
Despite apprehension around Europe’s energy supply for the coming winter, government leaders and energy experts warn the continent’s real challenge will come next year. It has been a fierce race against time for European nations looking to fill up their gas storage ahead of winter. New deals were brokered, old gas facilities reopened, and measures […]
Hedge funds bought the dip in Chinese stocks last quarter after many technology names sold off amid political uncertainty, according to Goldman Sachs. U.S. hedge fund ownership of Chinese ADRs increased modestly during the third quarter after declining for four straight quarters, according to Goldman. At the start of the fourth quarter, 20% of equity […]
