It is now official. Brexit has done lasting damage to Britain’s economy and, with the Tories in denial, Labor must lead the way with a new political agenda. Yet it’s almost a taboo subject: the Conservative government won’t admit it and Labor is understandably reluctant to rekindle the old Brexit flames. The Governor of the …
Friday’s jobs report showed that the booming US economy is creating hundreds of thousands of jobs, suggesting rising prices are here to stay despite the Federal Reserve’s efforts to contain them. The United States added 263,000 jobs in November, according to the federal jobs report released Friday, well above the 200,000 job gains expected by …
Three signs from today’s jobs report that suggest inflation will remain elevated Read More »
WASHINGTON — President Biden on Friday signed legislation to force a labor agreement between railroads and workers who had been locked in a bitter dispute, averting a strike that could have upended the economy just before the holidays. “Without rail freight, many American industries would literally shut down,” Biden said before signing the bill, adding …
Biden signs legislation to avoid national rail strike Read More »
President Joe Biden has signed a bill making a railroad strike illegal, preventing workers from leaving work weeks before the holiday season. “The bill I’m about to sign ends a difficult rail dispute and helps our country avoid what, no doubt, would have been an economic disaster at a very bad time in the calendar,” …
Biden signs bill averting railroad strike despite lack of paid sick leave Read More »
Indiana’s unemployment rate edged up to 3% in October, according to new estimates from the Bureau of Labor Statistics. Each version of the BLS provides a preliminary issue which is revised the following month. This is the first month to hit the 3% threshold since September 2021. However, the rate is still low compared to …
solarseven // Shutterstock Signs global bond markets could bottom after central bank rate hikes Person checking financial charts on the phone Fixed income investors are experiencing what could be the toughest year for bond markets in 45 years, with 2022 likely to be the worst since 1931. Bonds are units of debt issued by companies …
Signs global bond markets could bottom after central bank rate hike – Reuters Read More »
Opinions expressed by Entrepreneur the contributors are theirs. I recently had a call with one of my best friends who moved to London to work for a large multinational public company. She is talented, successful and hardworking. Yet she called me full of tears, anxiety and anger. “They’re restructuring the company, they’re cutting jobs. My …
