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Business & Economy

Jobless Claims Fall to New Pandemic-Era Low; Market Reaction Mixed

September 9, 2021 No Comments

The Labor Department announced on Sept. 9 that the number of American workers who filed for unemployment last week hit a new pandemic-era low, giving an immediate upward jolt to risk assets such as stocks and cryptocurrencies, followed by pullbacks as investors mulled mixed signals around the state of the

 1,828 Views

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Jobless Claims Fall to New Pandemic-Era Low, Market Reaction Mixed

September 9, 2021 No Comments

The Labor Department announced on Sept. 9 that the number of American workers who filed for unemployment last week hit a fresh pandemic-era low, giving an immediate upward jolt to risk assets like stocks and cryptocurrencies, followed by pullbacks as investors mulled mixed signals around the state of the economy.

 1,033 Views

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Wall Street Powers Higher as Jobless Claims Fall to New Pandemic-Era Low

September 9, 2021 No Comments

The Labor Department announced on Sept. 9 that the number of American workers who filed for unemployment last week hit a fresh pandemic-era low, with the labor market recovery signal giving an immediate boost to risk assets like stocks and cryptocurrencies. First-time filings for unemployment insurance—a proxy for layoffs—came in

 1,074 Views

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Job Openings Surge to Record High While Hiring Stays Flat

September 8, 2021 No Comments

Job openings in the United States surged to a record high of more than 10 million on the last day of July, while hiring lagged behind that figure by over 4 million, painting a picture of an economic recovery held back by businesses struggling to fill vacant positions. The Labor

 530 Views

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Rigidly Configured Recruitment Software Contributing to ‘Broken’ Hiring System: HBS Report

September 7, 2021 No Comments

Automated resume-scanning software that is inflexibly configured and overlooks potentially suitable workers is a major factor contributing to a “broken” hiring system in the United States, according to a new report from Harvard Business School (HBS). The HBS report (pdf), released Sept. 4, provides insight into America’s labor market dynamics, including

 434 Views

Continue Reading Post

Rigidly Configured Recruitment Software Contributing to ‘Broken’ Hiring System: HBR Report

September 6, 2021 No Comments

Automated resume-scanning software that is inflexibly configured and overlooks potentially suitable workers is a major factor contributing to a “broken” hiring system in the United States, according to a new report from Harvard Business School (HBR). The HBR report (pdf), released Sept. 4, provides insight into America’s labor market dynamics, including

 428 Views

Continue Reading Post

Until 2023? Parts Shortage Will Keep Auto Prices Sky-High

September 6, 2021 No Comments

TOLEDO, Ohio—Back in the spring, a shortage of computer chips that had sent auto prices soaring appeared, finally, to be easing. Some relief for consumers seemed to be in sight. That hope has now dimmed. A surge in COVID-19 cases from the Delta variant in several Asian countries that are

 446 Views

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China Summons 11 Ride-Hailing Firms in Latest Crackdown

September 4, 2021 No Comments

Chinese regulators summoned Didi, Geely’s Caocao, and nine other ride-hailing firms on Sept. 1, and accused them of vicious competition, illegal operations, and disrupting the market order. This is the latest action of the Chinese Communist Party’s (CCP) multi-pronged crackdown on its tech companies, and the second summons after the

 590 Views

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Latest Action in China’s Season of Regulatory Crackdowns—Summon 11 Ride-Hailing Firms

September 4, 2021 No Comments

Chinese regulators summoned Didi, Geely’s Caocao, and nine other ride-hailing firms on Sept. 1, and accused them of vicious competition, illegal operations, and disrupting the market order. This is the latest action of the Chinese Communist Party’s (CCP) multi-pronged crackdown on its tech companies, and the second summons after the

 7,437 Views

Continue Reading Post

China to Start New Stock Exchange to Boost Small Business, Analysts Skeptical

September 3, 2021 No Comments

A third stock market will be set up in Beijing to help small- and medium-sized companies raise capital, Chinese regime leader Xi Jinping announced Thursday. “We will continue to support the innovation and development of small- and medium-sized enterprises, deepen the reform of the New Third Board, set up a

 416 Views

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Jobless Claims Fall to New Pandemic-Era Low; Market Reaction Mixed

September 9, 2021 No Comments

The Labor Department announced on Sept. 9 that the number of American workers who filed for unemployment last week hit a new pandemic-era low, giving

 1,828 Views

Read More »

Jobless Claims Fall to New Pandemic-Era Low, Market Reaction Mixed

September 9, 2021 No Comments

The Labor Department announced on Sept. 9 that the number of American workers who filed for unemployment last week hit a fresh pandemic-era low, giving

 1,033 Views

Read More »

Wall Street Powers Higher as Jobless Claims Fall to New Pandemic-Era Low

September 9, 2021 No Comments

The Labor Department announced on Sept. 9 that the number of American workers who filed for unemployment last week hit a fresh pandemic-era low, with

 1,074 Views

Read More »

Job Openings Surge to Record High While Hiring Stays Flat

September 8, 2021 No Comments

Job openings in the United States surged to a record high of more than 10 million on the last day of July, while hiring lagged

 530 Views

Read More »

Rigidly Configured Recruitment Software Contributing to ‘Broken’ Hiring System: HBS Report

September 7, 2021 No Comments

Automated resume-scanning software that is inflexibly configured and overlooks potentially suitable workers is a major factor contributing to a “broken” hiring system in the United

 434 Views

Read More »

Rigidly Configured Recruitment Software Contributing to ‘Broken’ Hiring System: HBR Report

September 6, 2021 No Comments

Automated resume-scanning software that is inflexibly configured and overlooks potentially suitable workers is a major factor contributing to a “broken” hiring system in the United

 428 Views

Read More »

Until 2023? Parts Shortage Will Keep Auto Prices Sky-High

September 6, 2021 No Comments

TOLEDO, Ohio—Back in the spring, a shortage of computer chips that had sent auto prices soaring appeared, finally, to be easing. Some relief for consumers

 446 Views

Read More »

China Summons 11 Ride-Hailing Firms in Latest Crackdown

September 4, 2021 No Comments

Chinese regulators summoned Didi, Geely’s Caocao, and nine other ride-hailing firms on Sept. 1, and accused them of vicious competition, illegal operations, and disrupting the

 590 Views

Read More »

Latest Action in China’s Season of Regulatory Crackdowns—Summon 11 Ride-Hailing Firms

September 4, 2021 No Comments

Chinese regulators summoned Didi, Geely’s Caocao, and nine other ride-hailing firms on Sept. 1, and accused them of vicious competition, illegal operations, and disrupting the

 7,437 Views

Read More »

China to Start New Stock Exchange to Boost Small Business, Analysts Skeptical

September 3, 2021 No Comments

A third stock market will be set up in Beijing to help small- and medium-sized companies raise capital, Chinese regime leader Xi Jinping announced Thursday.

 416 Views

Read More »
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