Private Reports Suggest US Job Market Weakened in October
The U.S. economy shed jobs in October amid losses in the government and retail sectors, while cost-cutting and the adoption of artificial intelligence by businesses led to a surge in announced layoffs, data showed Thursday.
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Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown
The central bank official said told CNBC that he has concerns because of the lack of inflation reports.
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'We're past peak-restrictiveness,' BOE governor says, as bets rise on Christmas rate cut
The central bank was seen as more likely to hold rates than not, according to economists.
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US Holiday Sales Set to Top $1 Trillion for First Time
U.S. holiday sales are expected to surpass $1 trillion for the first time, the National Retail Federation forecast Thursday.
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Secession or Submission: Brussels Steps Up the Pressure
Europe's deepening economic crisis and a rising conservative front in Eastern Europe are putting the European Union under pressure. Brussels is responding repressively to this growing strain, stepping onto the thin ice of censorship and thought control.
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Job cuts in October hit highest level for the month in 22 years, Challenger says
Job cuts for October totaled 153,074, a 183% surge from September.
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