Laid-off Hollywood Executives Panic as Jobs Vanish — ‘This Is a Full-Scale Depression’
Hollywood suit executives laid off amid recent studio budget cuts face the prospect of long-term unemployment as the industry and economy as a whole show little sign of recovery, according to a new report. I am concerned that this may be the case. “This is a full-blown recession for the entertainment industry,” says TV executive. […]
“Dirty Jobs'” Mike Rowe government’s attack on freelancers
As more and more Americans find ways to work for themselves, the government is doing everything in its power to make it nearly impossible. Under the Corporate Transparency Act, small business owners with fewer than 20 employees and less than $5 million in revenue are forced to register with FinCEN, and failure to do so […]
Tech big hailed as Britain’s Steve Jobs masterminded $11B ‘fraud’: prosecutors
Mike Lynch, the wealthy tech founder once hailed as Britain’s answer to Steve Jobs, has been involved in a “multi-year, multi-layered” “fraud,” prosecutors told a U.S. jury in California on Monday. The beginning of his criminal trial. In federal court in San Francisco, prosecutor Adam Reeves said Lynch “weaved a great story” about the company’s […]
MN massage parlor owner busted for forcing employee into ‘big’ and ‘small’ prostitution jobs
The owner of a massage parlor in Minnesota has been arrested on suspicion of holding women against their will in a small room and using them as prostitutes for his customers, police said. fox news digital. Kandiyohi County authorities responded Saturday to a business called Willmar’s Massage Therapy after receiving a call from a “screaming […]
Massage parlor owner busted after allegedly forcing employee into ‘big’ and ‘small’ prostitution jobs
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Fresh data on inflation, jobs could force Fed to rethink rate cuts
The Fed’s path to lower interest rates this year is further complicated by new data showing that while the job market remains strong, inflation remains high. The Producer Price Index, which measures wholesale inflation, rose 0.6% in February, twice the Dow Jones estimate of 0.3% and the 0.3% rise recorded in January, the Labor Department […]
Jobs programs for illegal aliens create more problems, not a solution
The anti-border movement appears to be rallying around a solution to the immigration crisis that has flooded the United States with millions of illegal aliens: a solution that would give them all jobs. Woke public servants across the country, from New York to Colorado, seem to have decided that the only problem with the endless […]
February’s Jobs Numbers Are an Economic Rorschach Test
What you take home depends on what you bring in. Employment statistics for February are as follows: economical rorschach test. What you see in the ink blot released by the Department of Labor depends largely on what you were already trying to see. Nonfarm payrolls rose by 275,000 in February, easily beating consensus expectations and […]
Takeaways from the February jobs report
February’s employment statistics showed that the labor market remained strong, with job growth exceeding expectations in a cold labor market. The unemployment rate rose to 3.9% in February, the highest level in more than two years, threatening to end the longest streak of unemployment below 4% since 1969. The downward revisions for December and January […]
Stocks Fade Badly After Jobs Report; Apple Leads Dow Jones, But Nvidia Suffers Bearish Reversal – Investor's Business Daily
The Dow Jones Industrial Average and other major stock indexes fell from their highs after February’s jobs report beat expectations for the second month in a row. A day after Mizuho stock rose, NVIDIA stock outperformed early on today’s stock market. NvidiaMr. Miss(NVDA) The target price is 1,000. However, the early 5% rise largely disappeared, […]