Job Openings and Hiring Are at a 3-Year Ebb
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.
The extraordinary sight of five horses galloping through London, sweating and covered in blood, caused the hashtag #Apocalypse to trend briefly on social media last week.
Small independent businesses may pass on the cost of import checks to customers. Alena Veasey/ShutterstockNew import checks on foods arriving from the EU could affect supplies at Britain’s local delis, high-street greengrocers or independent cafes. Worse, they could lead to shortages that affect the very viability of these businesses. So what are these new checks and what does it all mean for British consumers?
Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental impact.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.
Miltary spending is surging in the face of heightened geopolitical tensions. The UK plans to hike it to 2.5% of GDP by 2030, amounting to £87 billion a year. This is an increase from around 2.3% today, which Prime Minister Rishi Sunak has said is necessary in an “increasingly dangerous” world.
The Better Goods store brand will carry plant-based, gluten-free and higher-end food and could help the retailer attract more affluent shoppers.
Getting a room in a nursing home comes with a sky-high price tag. Jeremy Poland/E+ via Getty ImagesIf you needed long-term care, could you afford it?
For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not.
More zoom, less doom? Andrii YalanskyiTech startups will be enthused by the news that Silicon Valley venture capital (VC) veteran General Catalyst is on the verge of raising US$6 billion (£4.8 billion) for backing new companies.
Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.