Coinbase has announced that it will lay off around 950 staff in a bid to cut costs. Coinbase, one of the largest and most popular cryptocurrency exchanges in the world, has recently announced plans to...
Tag: Jobs
Jobs In Artificial Intelligence – How To Make A Career In AI
(Photo by NICOLAS ASFOURI/AFP via Getty Images) AFP via Getty Images Key Takeaways AI is here to stay, and it’s likely to mean there are going to be some changes to the world of work. Some jobs will c...
‘It feels like I’m holding two full-time jobs:’ I’m 65, retired and have a $2K pension. I own rental properties, but they’re stressful to maintain. Should I keep them or sell?
Dear MarketWatch, I’m a 65-year-old married man in Southern California. I retired about 5 years ago, and have very little in pension payments of about $2,000 from my old job, without any medical benef...
Some restaurant workers could see big wage growth in 2023
Employees prepare food orders at a Portillo’s restaurant in Chicago, Illinois, on Tuesday, Sept. 27, 2022. Christopher Dilts | Bloomberg | Getty Images More than half of U.S. states will hike th...
2023’s Fastest-Growing U.S. Jobs For College Grads
Most In-Demand Jobs for Bachelor’s Degree Holders – 2023 Edition The U.S. labor market remained strong in 2022, adding another 263,000 jobs in November. But the Bureau of Labor Statistics predic...
The Top Cryptocurrency Jobs in 2023 – Find Your Dream Job in the Crypto Space Now!
The year 2023 has arrived, bringing with it fresh challenges, but also new opportunities and amazing future experiences. Despite declining prices in 2023, the crypto space is more operative than ever,...
Why a stock market obsessed with the Fed’s inflation fight should focus on Main Street jobs in 2023
Fortunes on Wall Street this year could hinge less on what’s happening to high-paid workers in San Francisco’s reeling technology sector and more on a familiar part of American life: the working class...
Crypto Exchange Huobi Has Bad News
This is bad news that the cryptocurrency industry could have done without. The latest episode suggests that the very difficult period that the young Blockchain-powered financial services industry is ...
Dow Posts Best Day Since November After Jobs Report Sparks Hope Of Fed Pivot
Topline Stocks surged Friday on news of a cooling labor market, a necessary condition for the Federal Reserve to stand down from its most aggressive monetary policy in decades which has sent stocks sp...
Wall Street reacts to a Goldilocks jobs report
The U.S. economy added 223,000 jobs in December, more than economists expected, while the unemployment rate fell to 3.5%. Job growth has slowed in recent months against a backdrop of higher interest r...
Stocks end first week of 2023 higher after jobs report spurs big rally
U.S. stocks staged their first notable rally of 2023 to close the week higher Friday after December employment data showed wage growth decelerated last month. Investors perceived the release as a sign...
Major Cryptos Mostly Flat Despite Positive U.S. Jobs Report
Bitcoin broke even after a bearish run in the last 24 hours, but remained mostly flat, as the Dec. 2022 U.S. Nonfarm Payrolls Report revealed slow wage growth unlikely to reduce interest rate hikes in...
‘Big Short’ Investor Burry Attacks Software Giant Salesforce
The software giant Salesforce’s recent revamp confirms the struggles in Silicon Valley and tech more broadly are widespread. In a bid to cut costs, the specialist in customer-relationship-manage...
Leon Cooperman shares market outlook following monthly jobs report
S&P 500 is in the green this morning even though the Bureau of Labour Statistics reported a better-than-expected growth in nonfarm payrolls for December. Notable figures in the monthly jobs report...
Nonfarm payrolls rose 223,000 in December, as strong jobs market tops expectations
Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries to slow economic growth. Nonfarm payrolls incre...
Europe, US Futures Rise Ahead of CPI and Jobs Data: Markets Wrap
(Bloomberg) — European and US equity futures rose alongside broad gains across Asia ahead of American jobs and eurozone inflation data that will help chart the path forward for central bank mone...
Dow Jones Futures: Jobs Report Is Big Market Test; Tesla Slashes China Prices
Dow Jones futures rose modestly overnight, along with S&P 500 futures and Nasdaq futures. All eyes are on the December jobs report due Friday morning. X Tesla (TSLA) announced major China price cu...
Silvergate Slashes 40% of Jobs as Further FTX Contagion Spreads
Silvergate Capital has been forced to take drastic action as a consequence of its association with FTX and its collapse. In addition to paring back its businesses, the bank has laid off roughly 40% of...
BofA’s Rick Sherlund predicts software comeback
Bank of America top banker Rick Sherlund sees a major market shift ahead. According to Sherlund, optimism surrounding technology stocks will make a comeback this year — but the key is to weather the u...
Dow Jones Dives 400 Points On Strong Jobs Data; Silvergate Crashes On $8.1 Billion In Withdrawals
The Dow Jones Industrial Average sold off more than 400 points Thursday after a stronger-than-expected ADP employment report. Meanwhile, the December jobs report is due Friday morning. X Cryptocurrenc...
Which states will build the most EV batteries in 2030?
Zoom In IconArrows pointing outwards Planned electric vehicle battery plant capacity in North America by 2030. Data updated through November. U.S. Department of Energy, Argonne National Lab Georgia, K...
ADP jobs report December 2022:
The jobs market closed out 2022 on a high note, with companies adding far more positions than expected in December, payroll processing firm ADP reported Thursday. Private payrolls rose by 235,000 for ...
Amazon Cutting Over 18,000 Jobs As Major Layoffs Continue Into 2023
Amazon is planning to lay off more than 18,000 employees, adding to a massive round of job cuts first announced last year, the tech giant said Wednesday, after more than 100,000 employees of large U.S...
Amazon to Slash More Than 18,000 Jobs in Escalation of Cuts
(Bloomberg) — Amazon.com Inc. is laying off more than 18,000 employees — a significantly bigger number than previously planned — in the latest sign that a technology slump is deepening. Most Rea...
Amazon to Cut 70% More Jobs Than Previously Planned, WSJ Says
(Bloomberg) — Amazon.com Inc. is laying off more than 17,000 employees — a significantly bigger number than previously planned — in the latest sign that a technology slump is deepening, accordin...
Salesforce Cutting Nearly 8,000 Jobs As Major Layoffs Continue Into 2023
San Francisco tech giant Salesforce announced plans on Wednesday to cut 10% of its staff, making it the first U.S. company this year to conduct a major round of layoffs, after more than 125,000 employ...
India’s numerous jobs scams show the depth of its unemployment crisis
Indians looking to escape the country’s chronic unemployment rut frequently fall prey to rackets. One such ring has reportedly conned at least 50,000 people since 2020, making it one of India’s bigges...
Crossing The Emissions Gap Between Inflation Reduction Act And 2030 NDC Is Worth 4 Million Jobs
The United States has gone all-in on climate and clean energy funding. The Inflation Reduction Act’s (IRA) $370 billion in emissions reduction funding, the CHIPS and Science Act’s $70 billion in zero-...
Dollar soars ahead of Fed minutes, jobs data
By Peter Nurse Investing.com – The U.S. dollar climbed strongly Tuesday ahead of the week’s key economic data. At 03:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against...
Dow ends down nearly 350 points after jobs data, hawkish Fed comments hammer stocks
U.S. stock indexes ended another choppy session in the red on Thursday as investors digested a fresh batch of labor-market data and hawkish commentary from Federal Reserve officials, while looking ahe...