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Slower US jobs growth may end rate hikes

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The latest job market report has added weight to the argument for the Federal Reserve to maintain its current interest rates.

With the economy still recovering from the pandemic-induced slowdown, the slower pace of job growth suggests that the central bank may opt for a cautious approach to avoid stifling the nascent recovery.

According to the Bureau of Labor Statistics, the US economy added 150,000 jobs in the past month, falling short of the 200,000 economists had predicted.

This slowdown comes after months of robust job gains, indicating a potential trend reversal. Many experts believe that the Delta variant’s impact on the economy and supply chain disruptions may be contributing factors.

The question on everyone’s mind is whether the Federal Reserve will interpret this slowdown as a signal to keep interest rates low. A sudden increase in rates could potentially hamper job creation and economic growth.

On the other hand, a prolonged period of low rates may fuel inflation concerns. Striking the right balance will be crucial for the central bank to guide the economy effectively.

The recent deceleration in US job growth has raised questions about the Federal Reserve’s monetary policy. As the central bank navigates the delicate balance between stimulating economic recovery and controlling inflation, the job market’s performance will remain a critical factor in its decision-making process.

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Apple Music’s controversial top 10 albums of all time

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Apple Music has released its highly anticipated “100 Best Albums of All Time” list, with the top 10 rankings causing a bittersweet symphony of destruction for some music lovers.

The list was curated by a panel of experts and based on various factors including cultural impact, critical acclaim, and commercial success, with the aim to celebrate the most influential and timeless albums across genres.

As reported by the official Apple Music Newsroom blog post, the top ten best albums of all time are the following:

10. Lemonade (2016), Beyoncé

9. Nevermind (1991), Nirvana 

8. Back to Black (2006), Amy Winehouse

7. good kid, m.A.A.d city (2012), Kendrick Lamar

6. Songs in the Key of Life (1976), Stevie Wonder

5. Blonde (2016), Frank Ocean

4. Purple Rain (1984), Prince & The Revolution

3. Abbey Road (1969), The Beatles

2. Thriller (1982), Michael Jackson

1. The Miseducation of Lauryn Hill (1998), Lauryn Hill

In other news, Apple recently became the first company to hit a $3 trillion stock market value, before falling just below that milestone, as reported by Reuters.

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How can we support a more eco-friendly future?

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With a $23 million commitment for a national circular economy and $1.3 million for net zero transition guidance, Australia is advancing towards sustainability.

Funding Futures is a weekly TV show on Ticker, hosted by Mike Loder and Steven Maarbani from Venture Crowd, that delves into the dynamic and evolving world of venture crowd-raising.

In this episode, we are joined by Cameron Hope, Founder of CEO of Hirehood. #trends #funding futures

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The integral step to entering the property market

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In the debate surrounding housing affordability, a divergence emerges between media portrayals and stark realities. While the crisis is often depicted as insurmountable, critics argue that individuals tend to blame external factors rather than taking personal responsibility.

Despite challenges, advocates urge a shift from despair to possibility, emphasizing personal agency and proactive pursuit of homeownership goals. Thus, while acknowledging the hurdles, reframing the discourse empowers individuals to navigate the housing market with resilience and determination, making the dream of owning a home a tangible reality for those willing to seize it. #Trending #Featured

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