Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

U.S. jobs growth eased in June which could help curb inflation

Published

on

It’s hard to know whether this is good news or bad news, but employment growth eased in June, taking some steam out of what had been a stunningly strong labour market in the U.S.

 
The bad news is that a wobbly jobs market is bad for employees – the good news is that the Fed takes this into account when deciding on rate hikes.

The U.S. Labor Department reported an increase of 209,000 nonfarm payrolls in June, slightly below the consensus estimate of 240,000, resulting in an unemployment rate of 3.6 per cent.

This marked a considerable decline from May’s revised total of 306,000 and the slowest month for job creation since December 2020.

However, average hourly earnings exceeded expectations, rising by 0.4% for the month and 4.4% compared to a year ago.

Government jobs provided a boost, with an increase of 60,000, primarily at the state and local levels.

Continue Reading

Leaders

Trump & Biden prepare for the earliest debate in modern U.S. history

Published

on

The first debate of the year between President Joe Biden and former president Donald Trump will take place this week in Atlanta.

This debate marks a milestone as the earliest presidential debate in modern U.S. history, and will prove to be a critical event for both candidates.

Joe Biden and Donald Trump are neck-and-neck in national opinion polls, with a considerable slice of the electorate still undecided five months before the Nov. 5 vote. #featured #trending

Continue Reading

Money

Ferrari’s debut high-performance electric vehicle will be priced above $500,000

Published

on

Ferrari has unveiled details about its inaugural electric car, slated to be priced upwards of $500,000, as first reported by Reuters.

This announcement comes amidst growing global interest and competition in electric vehicles, with Ferrari aiming to blend its iconic design prowess with sustainable technology.

The Italian automaker, renowned for its high-performance sports cars, is expected to maintain its commitment to superior craftsmanship and engineering excellence in its electric offering.

Following the EV announcement, Ferrari also confirmed plans to establish a new manufacturing plant aimed at enhancing production flexibility and significantly reducing car development times.

Mike Costello from Cox Automotive joins to discuss the latest in EVs. #featured #trending

Continue Reading

Leaders

Commercial real estate targeted for producing 40% of global emissions

Published

on

Commercial real estate contributes significantly to global emissions, with reports suggesting it makes up to 40% of the total – so is there a solution in sight?

Global strategies are setting out to transform this impact by promoting the development of sustainable buildings.

As climate change continues to be a pressing global issue, the commercial real estate sector must pivot towards more eco-friendly solutions.

One of the most impactful actions that can be taken to mitigate the environmental impact of commercial real estate is the implementation of building automation systems.

Louise Monger, Vice President, Digital Buildings of Schneider Electric, joins to share her key insights into the issue. #featured

Continue Reading

Trending Now