Silver reaches $65 for the first time; gold increases as U.S. unemployment rate goes up
Silver and Gold Prices Surge Amid Economic Uncertainty On Wednesday, silver prices skyrocketed, reaching a record high of over $65 an ounce, with gold also climbing following disappointing U.S. jobs data that pointed to a sluggish labor market. This has led to increased expectations for interest rate cuts next year. Physical silver surged by 3.3%, […]
November unemployment rate rises to 4.6% as the job market reveals signs of decline
Job Market Update for November In November, the unemployment rate climbed more than analysts had anticipated, while previous job figures were adjusted downwards, shedding light on some concerns within the labor market. According to the U.S. Bureau of Labor Statistics, employers added 64,000 jobs in November, surpassing expectations by about 50,000—suggesting that hiring remains robust. […]
Audit shows California unemployment wasted $4.6M on cell phones and other devices.
California’s Unemployment Agency Wastes Millions on Unused Phones A recent report has revealed that the California Employment Development Department (EDD) has wasted a significant amount of money—over $4.6 million—on unused cell phone plans. This situation has been highlighted by the California State Auditor. Specifically, the agency spent this money on more than 6,200 mobile devices […]
College graduates face reduced job-market advantage as the unemployment difference with high school graduates reaches a record low.
Market Insights on Job Trends for Young Graduates Alan Guarino, a Vice Chairman at Korn Ferry, discussed on Morning with Maria that, despite some weak payroll figures and worries about a potential government shutdown, the U.S. job market still shows promise for long-term growth. Interestingly, a recent report highlights that the gap in unemployment between […]
Canada’s addition of 67,000 jobs and decrease in unemployment strengthen the argument for the BoC to maintain interest rates
Canada’s October Job Market Surprises Economists Statistics Canada reported on Friday that in October, Canada’s labor market added 66,600 jobs, while the unemployment rate dropped to 6.9%. This comes as a surprise, exceeding expectations for the second month in a row. Analysts had predicted a loss of about 20,000 jobs, anticipating an increase in the […]
Michael Rapaport criticizes ‘Zohran the moron,’ calls on New Yorkers to push Mamdani ‘back to the unemployment line’
Michael Rapaport’s Shift: From Trump Critic to Political Activism Actor and podcaster Michael Rapaport has had quite a journey since March 2020. Back then, he referred to President Donald Trump as “the worst possible mother in power,” called Melania Trump a “stupid animal,” and even took jabs at Barron Trump. Now, Rapaport, a Jewish liberal […]
Powell: Fed faces ‘no safe route’ as unemployment and inflation increase
Fed Chairman Powell Highlights Economic Challenges Jerome Powell, the Chairman of the Federal Reserve, expressed concerns on Tuesday regarding the U.S. economy, stating that serious threats loom regardless of the central bank’s strategy for reducing interest rates. During his address, Powell pointed out the difficult balancing act the Fed faces as it navigates a weakening […]
Olympic gold medalist Oksana Baiul compelled to sell $1.2M mansion in Louisiana due to unemployment
The Olympic gold medalist has put her $1.2 million mansion up for sale after her aspirations for success in Louisiana didn’t pan out, prompting her return to Las Vegas amid her divorce. Oksana Baiul, who represented Ukraine in figure skating at the 1994 Winter Olympics, expressed her deep disappointment last week, saying she has a […]
EUR/USD rebounds to 1.1700 as US inflation and unemployment claims impact the US Dollar
The EUR/USD pair sees gains following a weaker-than-expected US CPI report and a rise in unemployment claims to the highest level in almost four years. The dollar’s weakness counterbalances a steady eurozone policy from the ECB, which is focused on data and the mood of each meeting. The market continues to rely on the Fed’s […]
Stock futures reduce gains following CPI and unemployment information: Live updates
Market Update: Consumer Inflation and Tech Stocks Influence Trading On September 10, 2025, traders were busy on the New York Stock Exchange, particularly as the Swedish fintech company Kralna prepared for its IPO. Meanwhile, the S&P 500 Futures remained relatively stable on Thursday while Wall Street absorbed the latest consumer inflation data. Futures linked to […]