#Kraken slashing 1,100 jobs as crypto turmoil spreads

#Kraken slashing 1,100 jobs as crypto turmoil spreads

“Kraken slashing 1,100 jobs as crypto turmoil spreads” Cryptocurrency exchange Kraken said on Wednesday it would cut its global workforce by 30%, or about 1,100 employees, citing tough market conditions that have crippled demand for digital assets this year. Higher interest rates and worries of an economic downturn have roiled cryptocurrencies as investors fled risky assets, with…

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#Job openings dipped in October in positive sign for Fed

#Job openings dipped in October in positive sign for Fed

“Job openings dipped in October in positive sign for Fed” US job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers as the Federal Reserve ramps up interest rates in an effort to cool the economy. Employers posted 10.3 million job vacancies in October, down from 10.7 million in…

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#Amazon records biggest ever Thanksgiving shopping weekend

#Amazon records biggest ever Thanksgiving shopping weekend

“Amazon records biggest ever Thanksgiving shopping weekend” Amazon said on Wednesday it recorded its biggest ever Thanksgiving weekend this year as shoppers, undeterred by inflation, scooped up everything from New Balance sneakers to Nintendo Switch gaming consoles. Fire TV Sticks, AirPods and Champion clothing were among the top-selling items, Amazon said. Amazon delivery vans being loaded with…

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