The USD/CAD price has staged a strong recovery ahead of the upcoming US consumer inflation and Canada’s May jobs numbers. The pair rose to a high of 1.2743, which was the highest level since May 27th ...
Tag: Jobs
FTX Chief Sam Bankman-Fried Says Firm Will Continue Hiring As Others Cut Jobs Amid Crypto Winter
FTX chief executive Sam Bankman-Fried says his exchange plans to continue hiring new people despite the crypto market downturn. Bankman-Fried says FTX has focused on expanding its workforce in a slowe...
Stocks Face Rates Pressure After Jobs; Oil Gains: Markets Wrap
(Bloomberg) — Stocks are poised to start the week under pressure after a robust US jobs report left the door open for the Federal Reserve to maintain an assertive stance on inflation. Oil rose. ...
The ‘too hot’ jobs market has gotten a little more ‘just right’
This post was originally published on Tker.co. In recent weeks, we’ve watched evidence accumulate suggesting that the economic narrative is shifting toward one in which growth cools from very hot leve...
How To Create Irresistible Presentations With Help From Tom Cruise And Steve Jobs
LONDON, ENGLAND – MAY 19: Tom Cruise attends the Royal Performance of “Top Gun: Maverick” at … [+] Leicester Square on May 19, 2022 in London, England. (Photo by Karwai Tang/Wi...
US stocks end week lower after jobs data bolster case for Fed tightening
US stocks slid to another weekly loss on Friday, after the latest batch of data on the labour market reinforced expectations for aggressive monetary policy tightening from the Federal Reserve. The blu...
Massive Job Loss As Crypto Firms Cut Jobs Amid Market Slump – crypto.news
Many crypto firms are cutting costs by slashing jobs amid a prolonged market correction and a drop in cryptocurrency prices. The market downturn has spilled over into the tech sector as more companies...
Stocks drop after strong jobs data renews rate worries
U.S. stocks slid Friday to close the week lower as investors weighed May jobs data that likely gave Fed policymakers a signal labor market conditions can weather a more aggressive rate hiking cycle. F...
Here comes the ‘good news is bad news’ jobs report: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, June 3, 2022 Today’s newsletter is b...
Dow Jones Futures Fall: ‘Super Bad’ Elon Musk Warning Hits Tesla; Market Rally Awaits Jobs Report
Dow Jones futures fell solidly Friday morning, along with S&P 500 futures and Nasdaq futures, with the May jobs report on tap. Tesla CEO Elon Musk reportedly has frozen hiring and wants to cut 10%...
Bitcoin Slips as Report Shows Faster-Than-Expected US Jobs Growth
The term harkens back to the 2018 cold spell when bitcoin’s price fell 73% that year alone, accompanied by a crash in prices for tokens recently minted at the top of the market through “in...
Americans’ Economic Anxiety Shouldn’t Surprise Anyone
SANTA YNEZ, CA – MAY 29: Gas prices at a Mobil service station were at $6.40 per gallon with Diesel … [+] fuel selling for $6.42 per gallon during the Memorial Weekend traval holiday as vi...
Stocks Fall Despite Strong Jobs Report As Rates Surge On Recession Fears
Topline The stock market moved lower on Friday and government bond yields surged after the U.S. economy added a more-than-expected 390,000 jobs in May, with the strong labor market signaling to invest...
Labor Market Added 390,000 Jobs In May—Beating Expectations Despite Looming Recession Concerns
Topline The U.S. added back another 390,000 jobs in May, performing better than economists expected as the strong labor market recovery encourages Federal Reserve officials to more aggressively raise ...
Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues
Going forward, crypto companies with valid use cases and utility are the ones that will best survive, according to Nicholas Strange, founder of Seattle-based hiring firm Crypto Talent. Many crypto fir...
Dow Jones Rallies On Jobs Report; Facebook Stock Pops As Sandberg Quits; Microsoft Gains
The Dow Jones Industrial Average rallied as stocks gained despite a weak ADP jobs report. Facebook parent Meta Platforms (FB) jumped despite news that Sheryl Sandberg is stepping down as chief operati...
How will Tesla’s stock react after the EV giant opts to cut jobs amid fears over economy?
Tesla’s (NASDAQ: TSLA) CEO Elon Musk said he has a “super bad” feeling about the economy; therefore, staff needed to be cut by 10%. An internal email that was seen by Reuters has shed light on this. ...
Gemini Cutting 10% Jobs in Wake of ‘Crypto Winter;’ Exchange to Focus on Critical Products
Crypto billionaires and co-founders of Gemini, Cameron and Tyler Winklevoss, have announced that the exchange will ‘part ways with approximately 10% of the workforce.’ In a blog post on June 2, the fo...
Stock futures are slightly higher ahead of May’s jobs report
Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Stock futures rose Thursday evening as investors focus their attention on more jobs data due out Friday morning. Futures tied to the Dow Jon...
Stock Market Strengthens At Midday; ADP Jobs Report Misses Forecasts Badly
The stock market strengthened at midday as the Nasdaq composite jumped more than 1%. An estimate of job growth came in well below forecasts. X The S&P 500 reversed higher 0.7% while the Nasdaq com...
Ford to add over 6,000 U.S. jobs as it boosts electric vehicle production
Ford Mustangs go through assembly at the Ford Flat Rock Assembly Plant August 20, 2015 in Flat Rock, Michigan. Getty Images Ford Motor said Thursday that it will add about 6,200 union jobs in the Midw...
Ford To Invest Billions To Add Jobs In Three States Ahead Of Contract Talks
Ford Motor Co. Flat Rock (Michgan) Assembly Plant Steve Koss More than a year before contract negotiations begin the United Auto Workers and Ford Motor Co. announced Thursday the automaker will invest...
Hiring Has Slowed Across All Industries, ADP Reveals In Worst Private Jobs Report Since 2020
Topline As looming interest rate hikes fuel uncertainty over the economic recovery, private U.S. employers posted their worst monthly job growth in more than two years on Thursday, according to payrol...
The Most Respected Jobs And 5 Ways To Gain Respect No Matter What Your Work
Certain factors make work especially valued. getty Work can be challenging and stressful, but it can also be an important way to feel valued. New data shows what matters most to being respected in you...
Walgreens, Amazon, Wawa find success with most-often unemployed worker
Walgreens has been training and employing neurodiverse workers since 2007. “What we do know, from data and research, is that this is the highest unemployed demographic in the country,” Car...
Rival fintechs Revolut and Wise are still recruiting
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Not all fintech unicorns are cutting jobs. After Klarna announced plans to lay off 10% of its w...
from yachts to the United Nations
Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an offic...