Biden Is Focused on ‘Revitalizing’ Manufacturing, But Manufacturing Jobs Are Flat
During Bloomberg's “Balance of Power” broadcast on Friday, Heather Boushey, a member of the White House Council of Economic Advisers, said President Joe Biden is focused “right now on reinvigorating some of the U.S. manufacturing industry through the construction of new manufacturing facilities that we're seeing across the country.” She said she believes manufacturing jobs […]
Salaries Have Been Flat for STEM Workers Since 2008
Tech worker pay and benefits have remained flat since 2008, even as corporate profits have soared and stock prices have soared, according to federal data compiled by the Center for Immigration Studies. Adjusted for inflation, “compensation grew at a rate of just 0.15 percent per year from 2008 to 2023,” the center said. Reported On […]
Mets doomed by latest flat performance in loss to Rockies
DENVER — This easy schedule is hurting the Mets. Continuing their recent trend of playing to their opponents’ level, the Mets wasted scoring opportunities in the middle and late innings of a 6-3 loss to the Rockies on Tuesday night at Coors Field. The Mets’ latest mediocre performance comes after they lost two of three […]
Ethereum Price Flat the Day After for Spot ETFs Debut in US – Decrypt
Ethereum (ETH) prices were little changed during morning European trading hours on Wednesday, hovering around $3,445 despite a strong opening day for the spot Ethereum exchange-traded fund (ETF). Price movement has been sluggish even as the new U.S. investment vehicle attracted more than $1 billion in trading volume on Tuesday. According to data from CoinGecko, […]
Stocks rise, dollar flat on solid data and rate cut prospects – Yahoo Finance
By Isla Binney and Caroline Valetkevich NEW YORK (Reuters) – Global stock indexes were mostly higher on Tuesday and the dollar strengthened against the yen as strong U.S. retail sales data supported expectations that the Federal Reserve will ease interest rates to tame inflation while avoiding a recession. Data showed retail sales in June were […]
Back-to-school spending will likely stay flat or drop as inflation persists: survey
Back-to-school spending is likely to remain flat or fall slightly this year as cash-strapped parents, hard hit by inflation, pull back on electronic purchases in favor of value, a new survey finds. Citing consumer research, Deloitte said consumers could spend about $586 per student from kindergarten through 12th grade, or $31.3 billion. By 2023, it […]
It Turns Out That Western Sanctions On Russia’s Booming Oil Industry May Be Falling Flat
The West has sought to crack down on Russia’s oil sector through crippling sanctions in response to the country’s invasion of Ukraine, but new data indicates that a key goal of the sanctions is not being achieved, Bloomberg News reported Monday. The price for Russian Ural crude oil deliveries from a major Black Sea port […]
‘Woke’ policies fall flat as NY suburban Dems fight to take back party in blow to activist liberals
Moderates have defeated the “wokeness” within the New York Democratic Party. The left-wing political revolution that swept through New York City’s sleepy northern suburbs in 2018 and 2020 is in retreat. – Outspoken progressive politicians like “The Squad” Reps. Jamaal Bowman, Mondaire Jones and Alessandra Biaggi have been defeated or are no longer in office. […]
US Bitcoin ETFs See $20.45M Outflow: Nine Funds Remain Flat – CryptoPotato
US spot Bitcoin ETFs experienced net outflows of $20.45 million on Wednesday. Interestingly, only two of them made moves amid market uncertainty. Grayscale’s GBTC saw outflows of $26.99 million, while Fidelity’s FBTC gained $6.55 million. The remaining nine funds, including BlackRock’s IBIT, Bitwise’s BITB and VanEck’s HODL, did not report inflows. US Bitcoin ETF Market […]
US stock futures flat in holiday-thinned trade; rate cut bets grow By Investing.com – Investing.com
Investing.com — U.S. stock index futures were little changed in evening trading on Wednesday as trading volume remained thin due to the Independence Day holiday. But Wall Street hit a record high in shortened trading on Wednesday as the weak data stoked hopes that the Federal Reserve will start cutting interest rates from September. It […]