Wingman is a robotic chef John Koetsier Nala Robotics has launched a fast food robot that it says can fry chicken wings, French fries, and other foods, season them, and plate them all autonomously. It...
Tag: Jobs
Alphabet CEO Pichai Continues to Sound Alarm About the Economy
Alphabet (GOOGL) , the parent company of Google, wants to avoid unpleasant surprises. The firm is convinced that a sharp slowdown in growth will have an impact on advertising revenues, its main sour...
Gap eliminating about 500 corporate jobs as sales fall
Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Gap Inc. is cutting about 500 corporate jobs as the clothing retailer struggles with declining sales. T...
Layoffs loom on the horizon, some economists say
From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. “There has been a lot of talk recently...
AI Is Coming For Commercial Art Jobs. Can It Be Stopped?
“Is AI Coming For Commercial Art?” rendered by Stable Diffusion, prompted by Rob Salkowitz Rob Salkowitz Earlier this summer, a piece generated by an AI text-to-image application won a pri...
Why Hispanic workers could face an outsized hit in a U.S. recession
Huntstock | Disabilityimages | Getty Images Turbulent times may be ahead for Hispanic workers, a new report from Wells Fargo found. The firm expects Latino workers to take an outsized hit if a mild re...
Distant Connections May Help People Find Jobs Better Than Close Friends, Study Suggests
Topline Weaker social connections may be more helpful in finding new employment opportunities than close friends, according to a new study published in the journal Science, which conducted a large-sca...
How China workers stack up against the US, UK and Brazil
Unemployment among China’s youth aged between 16 and 24 has surged to nearly 20%, according to an official survey for July. Pictured here is a job fair in Beijing on Aug. 26, 2022. Jade Gao | Af...
AUD/USD forecast ahead of Australia jobs and US retail sales data
The Australian dollar (AUD/USD) plummeted to the lowest level in more than a week amid a persistent strong US dollar. It dropped to a low of 0.6700, which was about 3% below the highest point this wee...
Next Fed rate hike to spark dangerous game in economy: Peter Boockvar
The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn...
Goldman Sachs Is Preparing Layoffs. Tech Isn’t the Only Industry Cutting Jobs.
Text size Goldman Sachs is putting together a plan to lay off employees, according to reports. Jason Alden/Bloomberg Goldman Sachs is putting together a plan to lay off employees, according to media r...
Is the loonie a good buy ahead of Canada jobs data?
The USD/CAD exchange rate continued slipping after this week’s interest rate decision by the Bank of Canada (BoC) and the upcoming jobs data. It slipped to a low of 1.300, which was the lowest level s...
Bitcoin, Ethereum Made Minor Gains After U.S. Jobs Report
With a small move up in markets, Bitcoin and other majors are gaining a little ground. However, some slight moves don’t change the fact that bears remain strong. The Labor Department reported that job...
Economists are divided on the risk of a U.S. recession
Is the U.S. economy showing no signs of a recession or hurtling inescapably towards one? Is it in fact already in one? More than a month after the country recorded two successive quarters of economic...
2-year Treasury yield sees biggest one-day drop since July after U.S. jobs report
U.S. Treasury yields moved lower Friday, handing the 2-year rate its biggest one-day drop in more than a month, after the August nonfarm payrolls report had traders paring expectations for an aggressi...
$15,000 Is Where Bitcoin Can Drop Thanks to New Jobs Report: Details
Yuri Molchan Experts at major hedge fund believe that Bitcoin might dive to $15,000 level now Contents “Losing $20,000 would mean a further big drop for BTC” Bitcoin needs to hold $20,000 ...
Stock Market Ends Week On A Downer Despite Solid Jobs Report; 5 Energy Stocks With Bullish Charts
Early gains faded for the stock market Friday ahead of the three-day weekend. Salesforce (CRM) and Chevron (CVX) outperformed in the Dow Jones today, while Lululemon Athletica (LULU) and Broadcom (AVG...
Bitcoin, Ethereum Prices Shaky Following Mixed US Jobs Report
Bitcoin’s price was volatile Friday following the release of data from the Labor Department—following its trend this week of dipping and diving as investors decide what to do with riskier assets. At ...
Crypto & Stock Markets Jump on August Jobs Data
The US Labor Department published jobs data for the month of August, indicating where the economy is going. August saw the numbers go down from 526,000 jobs (in July) to 315,000 (a bit lower than Dow ...
Bitcoin, Ethereum Jump As Jobs Report Ease Labor Market
The job numbers for the month of August were released. Bitcoin and Ethereum prices jumped as a result of this report. The labor department reported that the United States added 315,000 jobs in August....
Higher-than-expected Jobs Report Not Enough To Push Stocks, Cryptos Green
Bitcoin and ether did not show a bounce back after positive economic data Traders are starting to doubt what the Fed might decide later this month Equities and cryptos faltered Friday as traders tried...
Dow Falls 200 Points Despite Solid Jobs Report, Stocks On Track For Third Straight Week Of Losses
Topline The stock market tanked on Friday despite the August jobs report coming in slightly lower than expected and dropping significantly from last month, which did little to ease investor concerns a...
Why a higher unemployment rate may be good
Catherine Mcqueen | Moment | Getty Images Why the unemployment rate increased in August The unemployment rate increased by 0.2 percentage points from 3.5% in July — a level that had tied with early 20...
August jobs report shows declining participation among Black workers
Commuters arrive at Grand Central station during morning rush hour in New York, Nov. 18, 2021. Jeenah Moon | Bloomberg | Getty Images The August jobs report showed the U.S. unemployment rate rise acro...
ETH Surges, Following Latest Jobs Report – Market Updates Bitcoin News
Ethereum was back above $1,600 on Friday, as markets reacted to the latest nonfarm payrolls (NFP) report. Figures released today showed that 315,000 jobs were added to the U.S. economy, better than th...
Here’s where the jobs are for August 2022 — in one chart
The U.S. economy added another 315,000 payrolls in August, with jobs growth slowing overall but still widespread throughout the economy. The economy saw growth in all the key sectors and subsectors in...
Bitcoin target level for sustained rally identified following US jobs data
Bitcoin (BTC) is still attempting to hold the $20,000 level, with macroeconomic elements continuing to be unfavorable to the flagship cryptocurrency. After briefly dropping to $19,000, the asset is lo...
Bitcoin, Ethereum Jump After U.S. Jobs Report
Key Takeaways U.S. labor market remained robust in August despite growing economic concerns. Bitcoin and Ethereum posted moved higher on Friday following the report. Still, both cryptocurrencies remai...
August 2022 jobs report:
Nonfarm payrolls rose solidly in August amid an otherwise slowing economy, while the unemployment rate ticked higher as more workers rejoined the labor force, the Bureau of Labor Statistics reported F...
Bitcoin Could Plummet Below $15K If Expected U.S. Jobs Report Indicates ‘Elevated Employment Figures’: Bloomberg
– Advertisement – Hedge Fund Predicts a Dip Below $15k for Bitcoin In the Wake of a High U.S. Jobs Report. Bitcoin Could Plummet Below $15K If Expected U.S. Jobs Report Indicates ‘Elevated...
Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says
A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...