April job openings fall to 8.1M as signs of cooling economy emerge
U.S. job openings fell to the lowest level since 2021 in April. But they remained at historically high levels despite rising interest rates and signs of a slowing economy. The Labor Department reported Tuesday that employers posted 8.1 million job openings in April, down from a revised 8.4 million in March. The March figure was […]
NYC swimmers seen cooling off inside public pool weeks before they are open for summer
Summer may not have started in New York yet, but people are already enjoying the pool. A New York Post photographer captured two young people having a great time splashing around in a public pool in Queens, even though city pools aren’t set to open for another three weeks. New Yorkers aren’t supposed to be […]
Yen Rebounds as Cooling US CPI Weighs on Dollar, Treasury Yields – Yahoo Finance
(Bloomberg) — The yen rose 1% overnight on Thursday, as traders bet the Federal Reserve will ease monetary policy this year on signs of easing U.S. inflation pressures. The gains expanded in Asian trading. Most Read Articles on Bloomberg Japan’s currency rose to the May 7 level of 154.32 yen to the dollar at around […]
April jobs report expected to show a ‘cooling’ labor market
Lisa Erickson, senior vice president at U.S. Bank Wealth Management, analyzes stock trends, the job market and potential “signs of further deterioration.” April’s jobs report is expected to show that the U.S. labor market cooled last month, but that employment remains strong despite high interest rates and chronic inflation. Department of Labor April salary reportThe […]
Home prices hit new high in December but show signs of cooling: Case-Shiller
Home prices across the country hit a new record in December. (iStock) Home prices hit record highs in December, despite high borrowing costs and housing remaining out of reach for many Americans, according to the latest S&P CoreLogic Case-Shiller Index did report. House prices are currently 5.5% higher than this time last year. The 10-city […]
Nuclear reactor in Georgia delayed due to vibrations in cooling system
Georgia Power announced Thursday that vibrations found in the cooling system of its second new reactor will delay the reactor’s start of power generation. Plant Vogtle’s Unit 4, the largest subsidiary of Atlanta-based Southern Corp., won’t begin commercial operations until sometime in the second quarter of 2024, or between April 1 and June 30. Announced. […]
Volvo stops funding Polestar electric sports car brand amid cooling EV market
Volvo Cars announced Thursday that it will end funding for electric sports car brand Polestar Automotive. new york post report. Volvo shares soared more than 30% after the company announced it would withdraw funds from its subsidiary. Polestar could be handed over to China-based Geely Holding, Volvo’s largest shareholder. CNBC It was reported that Geely […]