Getty Images TL;DR Non-farm payroll numbers increased by 263,000 jobs in November, well above the estimate of 200,000 The average hourly wage went up as well, with the 0.6% gain double what had been e...
Tag: U.S.
The U.S. has twice as many unicorns as China and India combined
With the prevailing global economic turmoil, most start-ups have shed a significant share of their valuations as investors stay back, awaiting normal conditions to resume. Despite the general market c...
FTX’s Sam Bankman-Fried Says He Will Testify Before U.S. Congress On Dec. 13
FTX creditors and investors may soon have the chance to hear former big boss Sam Bankman-Fried explain what really went wrong with the collapse of the cryptocurrency exchange platform. That is if the ...
Ripple files final submission against U.S SEC, “a bouncing regulator”
Ripple Labs Inc. has filed its final submission in its ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). The submission, filed on December 2 in the U.S. District Court fo...
‘Wakanda Forever’ Leads U.S. Sales For Fourth Straight Week As ‘Violent Night’ Posts Solid Opening Weekend
Topline Disney’s Black Panther: Wakanda Forever topped U.S. box office rankings for the fourth weekend in a row, earning $17.6 million this weekend, according to Box Office Mojo, followed by newly rel...
U.S Senator John Boozman Claims Bitcoin Is a Commodity
The committee’s mandate includes monitoring the American commodities markets. In August, Boozman and many senators presented the DCCPA act. In a hearing on Thursday titled “Why Congress Needs to Act: ...
Yale Law School Drops Out of a Ranking System That It Never Needed
The “successful conduct of business demands qualities quite other than those necessary for passing examinations.” – Ludwig von Mises Policy writer and Duke Law School grad George Leef told me a story ...
Find Here why These Four U.S. States Halt Sale of Slotie NFTs
The four U.S. states order a metaverse casino to stop sales of NFTs. The cease-and-desist order has the violation that the virtual casino failed to give a physical address, contact number and correct ...
The U.S. economy won’t collapse under Fed’s ‘weight’ based on the performance of these sectors despite inflation and oil risks
Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at t...
The U.S. job market is strong, but layoffs are on the rise. Is this a good — or bad — time to ask for a raise? Experts weigh in.
Is this an opportune time to ask for a raise? Or, given the recent spate of tech layoffs, is it better to lie low for a while? The good news: Employers are giving pay raises. The increase in wages ov...
TikTok Juggernaut Eyes Music, Shopping, Gaming Despite Threats Of U.S. Ban
There’s no time like the present for TikTok. Despite U.S. lawmakers’ threats to ban the Chinese-owned social media app, TikTok is brushing regulatory concerns aside and morphing into a glo...
National Average About The Same As This Time Last Year
Topline The national average price for a gallon of gas dropped to $3.38 on Saturday, according to GasBuddy, bringing it within two cents of where they were at this time last year, as gas prices contin...
U.S. Men’s Team Eliminated From World Cup In 3-1 Loss To Netherlands
Topline The U.S. men’s national soccer team was eliminated from the World Cup after a thrilling 3-1 loss to The Netherlands on Saturday, ending the team’s hopes of advancing past the round of 16—as th...
A Clean Energy Fund’s Challenges, How Twitter Antics Hurt Tesla’s Brand And 30 Under 30 Innovators
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Tim Taddler for Forbes Earlier this week,...
Netherlands Battle Flu Outbreak Before 2022 World Cup Match Versus U.S.
The Netherlands football team, seen here after midfielder #21 Frenkie De Jong scored a goal against … [+] Qatar in the 2022 World Cup, is dealing with a flu outbreak. (Photo by ADRIAN DENNIS/AFP...
Ex-President of FTX U.S Seeking $6 Million to Launch New Firm
Exchange News Harrison stated on September 27 that he would be stepping down as president of FTX US. This comes a mere month after the very contentious collapse of the FTX exchange. Former FTX US pres...
U.S. Air Force Reveals (Not So) Cutting Edge B-21 Stealth Bomber
B-21 Stealth bomber unveiled for first time in Palmdale, California. Northrop Grumman Unveiled during a ceremony Friday evening at the secretive Plant 42 in Palmdale, California, the B-21 “Raider” ste...
Taiwan’s GlobalWafers Breaks Ground On First U.S. Silicon Wafer Plant In More Than Two Decades
GlobalWafers’ logo is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA … [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images I wrote las...
BofA is selling U.S. equities rally on worries that unemployment will be ‘shocking’ in 2023
Strategists at BofA Global Research said it is time to sell the U.S. stock market rally ahead of a potential surge in the unemployment rate next year. “Bears (like us) worry unemployment in 2023 will...
U.S.-Bound Coconuts Stuffed With 660 Pounds Of Drugs Seized
Topline Authorities in Mexico seized a truck full of more than 660 pounds of what they say appears to be fentanyl stored in coconuts not far from the U.S. border, the Mexican Attorney General’s Office...
U.S. Soccer Hero Christian Pulisic Cleared For Saturday’s Netherlands Match
Topline American forward Christian Pulisic has been cleared to play in Saturday’s round of 16 World Cup match between the U.S. and the Netherlands, according to U.S. Soccer, after being injured ...
Brandi Chastain Says U.S. Men Can ‘Rise To The Occasion’ Against Netherlands On Saturday
USA soccer legend Brandi Chastain (right) swaps shirts with England striker Chloe Kelly, following … [+] the Women’s International Friendly match between England and USA at Wembley Stadium...
Could A Controversial Chevron Deal Be A Prelude To Venezuela’s Oil Renaissance?
Venezuelan President Nicolas Maduro shows the accord signed in Mexico on November 26 between the … [+] Venezuelan government and opposition sectors during a press conference at the Miraflores Pr...
U.S. Data Foils Bitcoin Bulls’ Rally Attempt To Retake $17,000
Bitcoin is retracing and might be at the end of the short-term bullish momentum; the macroeconomic data might have shifted once again against it. The cryptocurrency saw profits after weeks of trending...
The Economists Who Cried “Recession!”
Wall Street’s Fables: The Economists Who Cried “Recession!” getty At a recent meeting of retail industry executives, the words on everyone’s lips were “the coming recession.” I’m not an economist, but...
Demand for ‘Dogecoin’ on Google in the U.S. skyrockets by 600%
Meme cryptocurrency Dogecoin (DOGE) is witnessing increased interest among potential U.S. investors at a period when the token has recorded minor gains. In particular, data retrieved by Finbold on De...
Bitcoin, ether, crypto stocks plummet following bumper U.S. jobs figures
Cryptocurrencies dropped in line with equities, while U.S. Treasury yields rose after U.S. jobs data for November beat expectations. Non-farm payrolls for the month came in above estimates at 2...
U.S. Added 263,000 New Jobs In November
Topline Just days after Federal Reserve Chair Jerome Powell signaled a slowdown in the central bank’s aggressive economic tightening campaign, the job market posted a much-stronger-than-expected repor...
FTX was the “fastest” company collapse in American history, says U.S. Trustee.
The United States Trustee who is in charge of the bankruptcy case involving FTX has submitted a motion requesting that the court appoint an independent examiner. The United States Trustee who is condu...
U.S. Trustee asks bankruptcy court to appoint FTX trustee
The U.S. Trustee has asked a Delaware bankruptcy court to appoint an examiner in the ongoing FTX bankruptcy case. In a Dec. 1 court filing, the U.S. Trustee cited a “virtually unprecedente...
Mortgage Rates Fall As Inflation Eases And Fed Signals Smaller Hikes Ahead
Fed officials signal the pace of rate hikes may slow. getty Mortgage rates fell to a two-month low this week as bond investors bet inflation will continue easing and the Federal Reserve signaled it wi...
The U.S. Senator Calls for Coordination With Treasury on Crypto
Sen. Sherrod Brown sent a letter to Treasury Secretary Janet Yellen urging her to help work on cryptocurrency legislation after the FTX fallout. In the letter to the Treasury Chief, Mr. Brown, told Ms...