Business

ADP Reports that Private Payrolls Increased by 278,000 in May, much Exceeding Expectations

ADP Reports that Private Payrolls Increased by 278,000 in May, much Exceeding Expectations

According to a report released on Thursday (June 1, 2023) by payroll processing company ADP, the U.S. labor market showed another month of surprisingly strong…
May saw a Decline in Hispanic Male and Female Unemployment, but a Rise in Black Employment

May saw a Decline in Hispanic Male and Female Unemployment, but a Rise in Black Employment

The most recent nonfarm payrolls report shows that while the unemployment rate in the United States increased in May, it decreased for Hispanic employees. Last…
The ‘Great Resignation’ Tendency that Characterized the Job Market Throughout the Pandemic Appears to be Over

The ‘Great Resignation’ Tendency that Characterized the Job Market Throughout the Pandemic Appears to be Over

The rate at which Americans leave their jobs has progressively decreased over the past year from a record high back to pre-pandemic levels, which appears…
Bee Productivity and Health are Comparable to Conventional Beekeeping Techniques

Bee Productivity and Health are Comparable to Conventional Beekeeping Techniques

Honey bee colonies managed using organic methods were as healthy and productive as those managed in conventional systems, while avoiding the use of synthetic pesticides…
In its First Quarter, Fintech Firm Klarna Cut its Net Loss in Half as it Pushes Toward Profitability

In its First Quarter, Fintech Firm Klarna Cut its Net Loss in Half as it Pushes Toward Profitability

After a massive cost-cutting push, the Swedish buy now, pay later fintech business Klarna saw a significant improvement in its bottom line, halving its net…
Here are Some Strategies for Protecting Retirement Savings During a Stock Market Rout

Here are Some Strategies for Protecting Retirement Savings During a Stock Market Rout

There may be turbulence in the stock market in the future due to the congressional debt-ceiling impasse and the threat of a potential recession, which…
Fed Officials are Less Certain about the Necessity for Additional Rate Increases, Minutes Show

Fed Officials are Less Certain about the Necessity for Additional Rate Increases, Minutes Show

According to minutes released on Wednesday (May 24, 2023), the Federal Reserve’s officials were split over how to proceed with interest rates at their most…
Market’s Emphasis on Technology is “Shortsighted,” as a Larger Bull Run is on the Horizon, the Portfolio Manager Says

Market’s Emphasis on Technology is “Shortsighted,” as a Larger Bull Run is on the Horizon, the Portfolio Manager Says

According to portfolio manager Freddie Lait, the market’s preference for Big Tech firms this year is “shortsighted,” and the next phase of the bull market…
According to Analyst, Fed may be Compelled to go Against Market Expectations and Raise Rates More Quickly

According to Analyst, Fed may be Compelled to go Against Market Expectations and Raise Rates More Quickly

According to Daniele Antonucci, chief economist and macro strategist at Quintet Private Bank, if sticky inflation and tight labor markets continue, the U.S. Federal Reserve…
Global Debt is Approaching Record Levels as a Result of Rate Hikes, According to the Main Trade Organization

Global Debt is Approaching Record Levels as a Result of Rate Hikes, According to the Main Trade Organization

According to a closely-watched analysis from the Institute of International Finance, the amount of global debt increased by $8.3 trillion in the first quarter to…
Fringe Benefits Tax

Fringe Benefits Tax

Fringe Benefits Tax (FBT) is a tax imposed by the government on certain benefits that employers provide to their employees, in addition to their regular…
Why Skipping a $2 Charge Might Cause Your Entire Trip to a National Park to be Ruined

Why Skipping a $2 Charge Might Cause Your Entire Trip to a National Park to be Ruined

National parks are protected areas of land that are designated by governments to conserve natural landscapes, wildlife, and cultural heritage. National park tourism is booming.…
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