Another month of solid US hiring suggests more big Fed hikes
WASHINGTON — America’s employers slowed their hiring in September but added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace…
AP Wire
Binance hacked to the tune of $100 million or more
Binance, the world’s largest cryptocurrency exchange, might have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A reddit…
CVS Medicare Advantage business takes quality rating hit
CVS Health shares tumbled early today after the company said a big Medicare Advantage plan took a hit in government quality ratings about a week…
Japan regulator orders brokerage to halt block trading
TOKYO — Japan’s Financial Services Agency ordered brokerage SMBC Nikko Securities to suspend its block trading operations for three months from today as part of…
Keep it or toss it? ‘Best Before’ labels cause confusion
As awareness grows around the world about the problem of food waste, one culprit in particular is drawing scrutiny: “best before” labels. Manufacturers have used…
IMF warns of higher recession risk and darker global outlook
WASHINGTON — The International Monetary Fund is once again lowering its projections for global economic growth in 2023, projecting world economic growth lower by $4…
JetBlue bid for Spirit wins support from 2 advisory firms
JetBlue’s $3.8 billion bid to buy Spirit Airlines has been endorsed by two firms that advise major investors on how to vote. Institutional Shareholder Services…
Amazon to hire 150,000 workers for holidays
NEW YORK — Amazon will hire 150,000 full-time, part-time and seasonal employees across its warehouses ahead of the holiday season. The announcement, made today, shows…
Average long-term US mortgage rates dip to 6.66% this week
WASHINGTON — Average long-term U.S. mortgage rates ticked down modestly this week after six straight weeks of gains pushed rates to heights not seen in…
More Americans apply for jobless benefits last week
WASHINGTON — More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation and a…