Trump, SoftBank CEO reveal $100B investment in AI to create 100K US jobs
SoftBank plans to invest at least $100 billion in U.S. high-tech projects over the next four years, CEO Masayoshi Son and President-elect Donald Trump said Monday at a press conference at the Mar-a-Lago resort in Florida. jointly revealed. President Trump, who has received significant support from the tech industry ahead of the 2024 election, said […]
GOP’s growth meal: Appetizers ease regs, main course drives jobs
If policymakers want strong outcomes, history and economic reality show that small businesses are catalysts for growth. As the new Republican Congress and the incoming Trump administration consider their menu of options, it's imperative that they look at things in terms of appetizers and main courses. The main courses are bonus depreciation and access to […]
Secret Santa Surprises Deaf Couple Who Suddenly Lost Jobs
A deaf couple who lost their jobs and struggled financially were surprised with Christmas cheer this week by a generous “Secret Santa” in eastern Idaho. East Idaho News' Nate Eaton visited Kent and Marlene, who despite their own setbacks, volunteer their time to help those in need. Kent seemed overjoyed when he opened the door […]
DHS Chief Alejandro Mayorkas Announces Jobs Giveaway — for Migrants
In the final weeks of President Joe Biden's administration, Department of Homeland Security (DHS) Secretary Alejandro Mayorkas announced that he would provide jobs to newly arrived immigrants with work permits. Mayorkas on Tuesday announced a final rule from U.S. Citizenship and Immigration Services (USCIS) that would extend work permits for up to 540 years to […]
‘Shazam!’ Star Zachary Levi Says He Has Not Lost Hollywood Jobs After Trump Support
Actor Zachary Levi claims he hasn't lost any Hollywood jobs because of his all-out support for President-elect Donald Trump this election. When I first supported Donald Trump, Shazam! He famously said that the star was likely to commit “career suicide.'' “When I came out, I said I supported President Trump by supporting Tulsi and Bobby. […]
Forexlive Americas FX news wrap: Rate cut odds ramp up after US and Canadian jobs data – ForexLive
Market movements: WTI crude oil fell $1.20 to $67.10. US 10-year bond yield fell 2.9bps to 4.15% Bitcoin rises by $2,544 to $101,540 Gold rises $1 to $2,633 S&P500 rose 0.2% Japanese yen leads, Australian dollar lags This week's theme has been that it's difficult to connect market movements with economic news and data, and […]
The U.S. added 227,000 jobs in November, setting in motion potential Fed rate cuts at the end of the year
227,000 jobs were added to the economy in November. (iStock ) In November, the number of employees increased more than initially expected. Nonfarm employment increased by 227,000 people, and the unemployment rate rose slightly to 4.2%. Published by the U.S. Bureau of Labor Statistics.. Healthcare, services, and government industries were the main drivers of employment […]
It Only Took 12 Months For Roughly 1,000,000 Native-Born Jobs To Vanish Under Biden-Harris
More than 1 million fewer U.S.-born Americans are employed than last year, according to data from the Bureau of Labor Statistics (BLS). The number of foreign-born workers employed in November increased by about 400,000 from a year earlier, while the number of foreign-born workers employed decreased by 1.094 million, according to BLS data. show. This […]
Employers add 227K jobs in November — a major rebound
U.S. employers added 227,000 jobs in November, according to government data, compared to last month, when jobs were destroyed by two devastating hurricanes and a massive strike by Boeing workers. It has recovered significantly. Economists polled by FactSet expect payrolls to rise by about 200,000, down from September's revised figure of 223,000 but well above […]
U.S. Economy Adds 227,000 Jobs In November
U.S. employers added 227,000 workers in November, pushing the unemployment rate to 4.2%, the Labor Department said Friday. Economists had expected 215,000 jobs after the Labor Department reported a much lower-than-expected increase of just 12,000 jobs in October due to storms and strikes. They also expected the unemployment rate to rise by a tenth of […]