US Hiring Stayed Strong In November As Employers Add 263,000
WASHINGTON (AP) — The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve...
Applications For Jobless Benefits Decline Last Week
WASHINGTON (AP) — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffe...
Loan Company SoFi Pulls Ad After Criticism That It Features An Anti-Semitic Stereotype
NEW YORK (JTA) - Rhonda Moore was alarmed when she saw the ad for a student-loan refinancing company that featured what she believed was a stereotypical dishonest Jewish banker.
...
Powell: Fed To Keep Rates Higher For Longer To Cut Inflation
WASHINGTON (AP) — The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said Wednesday, in remarks lik...
Jiang Zemin, Who Guided China’s Economic Rise, Dies
BEIJING (AP) — Jiang Zemin, who led China out of isolation after the army crushed the Tiananmen Square pro-democracy protests in 1989 and supported economic reforms that led to a d...
Competitors Chip Away At Tesla’s U.S. Electric Vehicle Share
DETROIT (AP) — New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration...
Fidelity Charitable Launches NFT Raffle Amid Crypto Downturn
NEW YORK (AP) — Fidelity Charitable is getting into NFTs, the digital images that are registered on the blockchain, despite a torrent of bad news from the adjacent world of cryptoc...
Shutterfly CEO Sees ‘Choppy’ Times Through Her Economic Lens
SAN FRANCISCO (AP) — While other technology companies lay off workers and try to cut other costs amid a post-pandemic comedown, Shutterfly CEO Hilary Schneider is gearing up for a ...
BlockFi Files For Chapter 11 Bankruptcy Protection
Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of crypto exchange FTX spreads outward.
In a Monday filing for bank...
SHOCK STUDY: 1 in 4 Employers Less Likely to Hire Jews, 29% Say Antisemitism ‘Acceptable’
NEW YORK (Yaakov M / VINnews) — A new study shows a shockingly high prevalence of antisemitism in the workplace.
Employers discriminate against Jews for a variety of reasons...
Unemployment Claims Rise To 240,000, Highest Since August
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose the highest level since August but still remains low by historic standards.
The Labor Departmen...
Despite Musk’s Reinstatement, Here’s Why Trump May Not Be Allowed to Tweet
Mar-A-Lago (VINnews) — Although his Twitter account has been reinstated by Elon Musk, President Trump may face a big obstacle preventing him from posting tweets.
He could potent...
Bankrupt Exchange FTX Owes Top Creditors Over $3 Billion
NEW YORK (AP) — The failed cryptocurrency exchange FTX owes more than $3 billion to its largest creditors, the company disclosed in a court filing over the weekend.
The list of ...
More Twitter Workers Flee After Musk’s ‘Hardcore’ Ultimatum
Twitter continued to bleed engineers and other workers after new owner Elon Musk gave them a choice to pledge to “extremely hardcore” work or resign with severance pay.
While it...
Trump Org.’s Longtime CFO Chokes Up, Says He Betrayed Trust
NEW YORK (AP) — Donald Trump’s longtime finance chief choked up on the witness stand Thursday, saying he betrayed the Trump family's trust by scheming to dodge taxes on $1.7 millio...
Exec Says FTX Mess ‘Unprecedented’, Worse Than Enron
NEW YORK (AP) — The man who had to clean up the mess at Enron says the situation at FTX is even worse, describing what he calls a “complete failure” of corporate control.
The fi...
Target’s 3Q Profit Drops 52% As Shoppers Force Price Cuts
NEW YORK (AP) — An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third-quarter profits at Target down 52% after it wa...
Musk Says He Expects To Find A New Twitter CEO “Over Time”
NEW YORK (AP) — Billionaire Elon Musk, who just took over as the chief executive at Twitter after buying the company, said he does not want to be the CEO of any company.
Musk to...
Airbnb Aims To Convince More People To Rent Out Their Homes
NEW YORK (AP) - Convinced that the boom in leisure travel is permanent, Airbnb aims to expand its listings by convincing more people to turn their homes into short-term rentals.
...
Musk Gives Twitter Workers Deadline To Decide Job Fate
NEW YORK (AP) — Elon Musk says Twitter is a software and servers company at its heart and wants employees to decide by Thursday evening if they want to remain a part of the busines...