Economists polled by Bloomberg News expect an average of 250,000 new jobs in July. In June, 398,000 new jobs were added. It’s a sign that employers are still interested in employees. According to the US Bureau of Labor Statistics, the unemployment rate is now 3.5 percent. That means unemployment has fallen again in February 2020, […]
Wall Street opens lower on strong US job growth
Shortly after the opening, the Dow-Jones index was down 0.5 percent at 32,578. The broader S&P 500 fell 0.6 percent to 4,126 points, while the tech benchmark Nasdaq lost 0.9 percent to 12,607 points. Apple fell 0.8 percent. According to Japanese business newspaper Nikkei, the iPhone maker has asked its suppliers to comply with Chinese […]
Businessman | Burger King is growing rapidly outside the US
news Topical Burger King’s sales outside the US have been growing lately. According to parent company Restaurant Brands International, nearly a fifth of Whoppers, twister fries and other snacks were sold at branches that have been around for more than a year. AP August 4, 2022 International Burger Kings, as the company calls them, benefited […]
Reuters journalists in the US are on strike for the first time in decades / Willamedia
Journalists from the Reuters news agency in the US will go on a 24-hour strike on Thursday over salary dissatisfaction. It was the first strike at Reuters in decades. Reporters argue that the 1 percent annual wage increase proposed by media company Thomson Reuters in a new three-year collective labor agreement is in line with […]
Burger King is growing rapidly outside the US
Photo: ANP Burger King’s sales outside the US have been growing lately. According to parent company Restaurant Brands International, nearly a fifth of Whoppers, twister fries and other snacks were sold at branches that have been around for more than a year. International Burger Kings, as the company calls them, benefited from, among other things, […]
US service sector growth bodes well for Wall Street
Upbeat macroeconomic data from the US services sector was a driving factor in New York stock markets on Thursday. Activity in the restaurants and tourism sectors unexpectedly picked up, seen by investors as a sign that the overall US economy is not doing badly. Concerns were raised last week when it emerged that the US […]
US service sector growth bodes well for Wall Street – Wel.nl
NEW YORK (AP) — Upbeat macroeconomic data from the U.S. services sector was the driving factor behind a rally in New York stocks on Thursday. Activity in the restaurants and tourism sectors unexpectedly picked up, seen by investors as a sign that the overall US economy is not doing badly. Concerns were raised last week […]
The CFTC has become the main regulator of the US Bitcoin market
Who has to say what about Bitcoin? This is a question many politicians and policy makers are keen to answer. In the United States, there is now a debate about who should oversee the industry surrounding Bitcoin. With the Digital Commodities Consumer Protection Act of 2022, the Commodity Futures Trading Commission (CFTC) will become the […]
Residents of the US state of Kansas vote to retain abortion rights Abroad
The right to abortion is enshrined in state constitutions. If it is overturned by amendment, the right to terminate the pregnancy will be lost. The state legislature, dominated by conservative Republicans, could have passed anti-abortion legislation. But it won’t come. With the outcome of the referendum, Kansas voters upheld a 2019 state Supreme Court ruling […]
Can America’s Biggest Publisher Get Bigger?
Two publishers, one powerhouse. Would Penguin Random House and Simon & Schuster be too powerful if they became one publisher? On Monday, a lawsuit began in the United States that revolves around that question. Penguin Random House, America’s biggest publisher, wants to buy rival Simon & Schuster for $2.2 billion (2.15 billion euros). Simon & […]