Job cuts jump to highest level since January 2023
Lisa Erickson, senior vice president at U.S. Bank Wealth Management, analyzes stock trends, the job market and potential “signs of further deterioration.” of pace of work Layoffs by U.S. employers accelerated again in March, a sign that the labor market is beginning to deteriorate in the face of ongoing inflation and high interest rates. That’s […]
California Raises Minimum Wage For Fast Food Workers Despite Highest Unemployment Rate In the Nation
California’s mandate to pay workers at fast-food chains a minimum wage of $20 an hour went into effect Monday despite concerns that it could worsen the state’s unemployment and inflation problems. The new rules will increase the minimum wage for workers at large chain restaurants by 25% and create a Fast Food Council with the […]
US tuberculosis cases in 2023 at highest level in decade, CDC says
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City Council asks highest court to allow non-citizens to vote
The New York City Council has asked the state Supreme Court to overturn two rulings to clear the way for noncitizen immigrants to vote in municipal elections. The controversial election change, passed by the City Council and signed into law by then-Mayor Bill de Blasio in late 2021, gave 800,000 non-citizens with green cards or […]
France Raises Terror Alert to Highest Level After Moscow Attack
The French government raised its terrorist threat alert to the highest level on Sunday night following a suspected ISIS attack on a Moscow concert hall that killed at least 137 people. French Prime Minister Gabriel Attal said the government would raise tax rates. Vigipirate Terrorism Warning System Level 3 is the highest level at which […]
France raises terror alert to highest level in wake of Moscow concert hall attack
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2023 Saw Highest Number of Abortions in ‘More Than a Decade’
Last year, “the number and rate of abortions in the United States was the highest in more than a decade.” according to A report from the pro-abortion Guttmacher Institute. 2023 — the first full calendar year following the U.S. Supreme Court’s reversal of the U.S. Supreme Court decision. Roe vs. Wade — An estimated 1,026,690 […]
High Tech Job Cuts Soar to Highest Level Since Dot-Com Crash
The once-thriving tech industry is now facing a harsh reality, with massive layoffs across the industry and tens of thousands of workers struggling to find new jobs. CNBC report The technology industry is facing its deepest job losses since the dot-com bust in 2001, with more than 50,000 jobs cut at more than 200 companies […]
US homebuilder sentiment unexpectedly rises to highest level since July
Payne Capital Management President Ryan Payne weighed in on the U.S. economy, arguing that Americans’ purchasing power will continue to “strengthen.” Builder confidence in the U.S. housing market jumped into surprising positive territory this month, jumping to its highest level since July, as more home buyers are attracted to new construction amid a continuing shortage […]
Key inflation gauge hits highest level since September ahead of Fed meeting
U.S. wholesale prices accelerated again in February, as inflationary pressures in the economy remain high and may not ease as quickly in coming months as the Federal Reserve and the Biden administration hope. This is the latest sign of this. The Ministry of Labor said on Thursday: producer price index The index, which tracks inflation […]