Strong US jobs growth dampens talk of rate cuts
The US economy added 216,000 jobs in December and the unemployment rate was unchanged at 3.7%.
The US economy added 216,000 jobs in December and the unemployment rate was unchanged at 3.7%.
TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers. Chinese media LatePost reported Monday that ByteDance’s gaming unit Nuverse is negotiating to sell games to Tencent. A Bytedance spokesperson told The Wall Street Journal Tuesday that negotiations with…
Guy Gittins, chief executive of Foxton’s, London’s biggest estate agent, told the BBC’s Today programme there had been a “huge movement in confidence” late last year with the more new buyers registering compared to the same period in 2023. “I think the prices that we’re achieving at the moment in the UK are relatively steady,…
A doorbell camera in Chesterfield, Virginia, recently caught a man snatching a box containing a $1,600 new iPad from the arms of a FedEx delivery driver. Barely a day goes by without a similar report. Package theft, often referred to as “porch piracy,” is a big crime business. While the price tag of any single stolen…
The United Auto Workers union and Ford have reached a tentative agreement that could end the nearly six-week strike against the iconic Detroit automaker, the union announced Wednesday. The deal, the full details of which were not immediately released, must still be ratified in a vote by the 57,000 union members who work at Ford….
Business & FinanceDeals 30 November 2023, 5:22 am 1 minute Reuters was first to report a debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’s now stricken real estate sector through its crisis-era…
Ahead of statewide minimum wage increases for fast-food workers, hundreds of California Pizza Hut franchises announced cuts in their delivery services, laying off more than 1,100 drivers, according to federal and state filings. The Pizza Hut locations, run by two different franchise operators, reported the change to their business models for restaurants from Orange to…