by Bloomberg.com | May 8, 2024 | alerts, Markets/Economy
Young adults in their early 20s are turning to credit cards and loans to cover the higher cost of living. Millennials transitioning to adulthood after the Great Recession had it tough. But the finances of today’s early twentysomethings are even worse. Gen Z consumers...
by Bloomberg.com | May 2, 2024 | alerts, Markets/Economy
2024 sees slowest first four months of hiring in since 2016 AI cited for 800 job cuts in April, highest since May 2023 US companies pared back hiring plans in April, with employers announcing the fewest new hires in the first four months of the year since 2016,...
by Bloomberg.com | May 2, 2024 | alerts, Markets/Economy
Industry boosters say they’ve learned their lessons from the last crash, but regulators need to move faster to protect a new wave of mainstream investors from the same old story. After more than a year, the freeze of a deep crypto winter has thawed. Bitcoin prices...
by Bloomberg.com | Apr 30, 2024 | alerts, Markets/Economy
Conference Board index fell for a third month in April Expectations for more available jobs fell to lowest since 2011 US consumer confidence fell in April to the lowest since mid-2022 as Americans’ views of the labor market and their outlook for the economy...
by Bloomberg.com | Apr 29, 2024 | alerts, Markets/Economy
Quarterly decline in industrial output steepest since 2020 Economists see slight economic contraction in January-March Japan’s factory output rebounded in March from a dismal start to the year, with the quarterly figure registering the weakest performance since the...