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%.
Goodbye, Greta – and hello, Sam. Those flying into next week’s World Economic Forum in Davos, Switzerland are quietly rejoicing that climate activist Greta Thunberg – a notable fixture at the conference in recent years – isn’t expected to make an appearance this time around, sources told On The Money. Instead, OpenAI boss Sam Altman…
The personal information of what could be hundreds of thousands of Instacart customers is being sold on the dark web. This data includes names, the last four digits of credit card numbers, and order histories, and appears to have affected customers who used the grocery delivery service as recently as yesterday. As of Wednesday, sellers…
Retailers — already hard-hit by rampant shoplifting — are facing another threat to their bottom line from scammers who are stuffing bricks, fake receipts and counterfeit goods in return packages. The fraudsters have targeted this retail underbelly to swipe billions of dollars by gaming the returns system, especially after the holiday season, according to a…
Updated Jan. 11, 2024 3:19 pm ET EBay agreed to pay a $3 million criminal penalty after employees engaged in a harassment campaign against two bloggers for their coverage of the company, including mailing them live cockroaches and a fetal pig. The e-commerce giant was charged with two counts of stalking through interstate travel, two…
To repurpose an old joke: How do you create a $15-billion company? Answer: First, start with a $44-billion company … Yes, we’re talking about Elon Musk and the fate of Twitter-now-X, the social media platform he bought in October 2022 and spent the subsequent year turning into a hive of antisemitism, racism and all other…
If you feel like you’re expected to tip more often these days but no longer know what the guidelines are, you have plenty of company out there. Most U.S. adults believe the expectation to tip has increased in the last few years, yet they feel a lot of uncertainty about when to leave gratuities and…