#Your wallet is telling you how to vote on Nov. 8

#Your wallet is telling you how to vote on Nov. 8

“Your wallet is telling you how to vote on Nov. 8” In case you had any remaining doubts about the state of the economy before Election Day, Friday brought the worst jobs report of the Biden era. America added 261,000 jobs in October, the second-fewest since the bounceback from COVID began. And unemployment rose to…

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#Economy adds 261K jobs in October, unemployment ticks up

#Economy adds 261K jobs in October, unemployment ticks up

Economy adds 261K jobs in October, unemployment ticks up The U.S. added 261,000  jobs in October and the unemployment rate rose slightly to 3.7 percent, according to data released Friday by the Labor Department. Economists expected the U.S. to add roughly 190,000 jobs last month and keep the unemployment rate steady at 3.5 percent, according…

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#Hyperinflation could cause worst economic crisis since WWII, fund warns

#Hyperinflation could cause worst economic crisis since WWII, fund warns

“Hyperinflation could cause worst economic crisis since WWII, fund warns” The global economy is at risk of crippling hyperinflation and “extraordinary” conditions that could prompt the worst financial crisis since World War II, according to major hedge fund Elliott Management. Elliott Management, led by famed billionaire investor Paul Singer, warned clients that extreme conditions present…

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#Amazon to freeze hiring in corporate workforce

#Amazon to freeze hiring in corporate workforce

“Amazon to freeze hiring in corporate workforce” Amazon will freeze hiring in its corporate workforce as the e-commerce giant deals with an “unusual macro-economic environment,” a company executive said on Thursday. “We anticipate keeping this pause in place for the next few months, and will continue to monitor what we’re seeing in the economy and the…

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