Tag: employment

S&P 500 Clinches Best Week Since November 2022
World

S&P 500 Clinches Best Week Since November 2022

Updated Nov. 3, 2023 5:26 pm ETThe S&P 500 rallied Friday, capping its best weekly performance since November 2022, after the latest monthly jobs report suggested the Federal Reserve’s interest-rate raising campaign is working.The broad index gained 0.9%, bringing its gains for the week to 5.9%. The index is up 14% this year. The Dow Jones Industrial Average added about 200 points, or 0.7%, on Friday, while the Nasdaq Composite rose 1.4%. Those indexes also recorded their biggest weekly percentage gains of the year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Clinches Best Week Since November 2022
Money

S&P 500 Clinches Best Week Since November 2022

Updated Nov. 3, 2023 5:26 pm ETThe S&P 500 rallied Friday, capping its best weekly performance since November 2022, after the latest monthly jobs report suggested the Federal Reserve’s interest-rate raising campaign is working.The broad index gained 0.9%, bringing its gains for the week to 5.9%. The index is up 14% this year. The Dow Jones Industrial Average added about 200 points, or 0.7%, on Friday, while the Nasdaq Composite rose 1.4%. Those indexes also recorded their biggest weekly percentage gains of the year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Clinches Best Week Since November 2022
World

S&P 500 Clinches Best Week Since November 2022

Updated Nov. 3, 2023 5:26 pm ETThe S&P 500 rallied Friday, capping its best weekly performance since November 2022, after the latest monthly jobs report suggested the Federal Reserve’s interest-rate raising campaign is working.The broad index gained 0.9%, bringing its gains for the week to 5.9%. The index is up 14% this year. The Dow Jones Industrial Average added about 200 points, or 0.7%, on Friday, while the Nasdaq Composite rose 1.4%. Those indexes also recorded their biggest weekly percentage gains of the year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S. Hiring Slows, a Sign Economy Is Cooling After Hot Summer
World

U.S. Hiring Slows, a Sign Economy Is Cooling After Hot Summer

Updated Nov. 3, 2023 9:24 am ETHiring slowed sharply in October, a sign the economy is cooling this fall following a hot stretch over the summer.U.S. employers added 150,000 jobs in October, down from the previous month’s revised gain of 297,000, the Labor Department said Friday. That was the smallest gain since June, with automakers having around 33,000 fewer workers on payroll because of the United Auto Workers strike. The unemployment rate rose to 3.9% from 3.8% the prior month.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Growth: India’s AlcoBev market size of $52.4 billion targeted to touch astounding $64 billion by 2030
Business

Growth: India’s AlcoBev market size of $52.4 billion targeted to touch astounding $64 billion by 2030

MUMBAI: A report by International Spirits & Wines Association of India (ISWAI), the apex body of the premium AlcoBev sector, has suggested that with an estimated market size of $52.4 billion in 2021, roughly 2% of the country's nominal GDP, the Indian AlcoBev industry was significant and burgeoning (INR 3.9 lakh crore, including country liquor). Projections in the report suggested that the Indian alcoholic beverage industry could reach an astounding $64 billion over the next five years, ensuring India's position as the fifth-largest contributor to global market revenues in the near to medium term.Report titled “Economic Value of the Indian Alcoholic Beverage Industry”, was unveiled recently at the hands of Amitabh Kant, G20 Sherpa and former CEO, NITI Aayog.The comprehensive report ta...
New Zealand’s Jobless Rate Rose Sharply in Third Quarter
World

New Zealand’s Jobless Rate Rose Sharply in Third Quarter

SYDNEY—New Zealand’s unemployment rate rose sharply in the third quarter as the job market cooled due to the strain higher interest rates, while the supply of workers rose due to solid immigration rates.The seasonally adjusted unemployment rate was 3.9% in the third quarter, compared with 3.6% in the prior quarter, StatsNZ said Wednesday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Where you keep your money matters
Money

Where you keep your money matters

There are many benefits to putting your money into a bank or credit union. What if you have cash or money in your peer-to-peer or cash app account? Should you move it to a bank or credit union? Let’s explore the reasons you might want to! First, your money is safe in a bank or credit union, protected against theft, loss, fire or other natural disasters. This is due to the Federal Deposit Insurance Corporation (FDIC) standard deposit insurance (or National Credit Union Administration (NCUA) Share Insurance Fund for credit unions) which covers up to $250,000 per person, per bank, for each account ownership category. This also means the FDIC (or NCUA) will return the money to the customers if a bank closes and cannot give its customers their money. The locations you may keep or store you...
Democrats Peddle a ‘Child Labor’ Deception
Business

Democrats Peddle a ‘Child Labor’ Deception

Ave Maria, Fla.How desperate are Democrats to hold on to suburban voters, especially moms? So desperate that they’re peddling the lie that Republicans are bringing back child labor. Democrats and their media allies have repeated this falsehood since the start of the year, most recently targeting my home state of Florida.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8