The US Labor Market Is Looser Than It Appears

Most psychics think the US labor market is too strong. Federal Reserve Chairman Jerome Powell recently described it as “extremely tight” and “unbalanced,” with demand for workers far outstripping supply. I do not agree. It is true that quit rates had increased because employees were not worried about finding a new job. Additionally, job changers … Read more

EU approves phone charger reform, forcing Apple to adapt

BRUSSELS, Oct 4 (Reuters) – The European Parliament on Tuesday approved new rules that will bring a single charging port for mobile phones, tablets and cameras to the European Union by 2024, a world first that is expected to affect iPhone maker Apple more than its rivals. The vote confirms an earlier agreement between EU … Read more

5 things to know before the stock market opens Tuesday, October 4

Traders on the floor of the NYSE on September 30, 2022. Source: NYSE Here are the most important information investors need to start their trading day: 1. A little relief The weather was gloomy Monday in New York, but the markets, for once, were not. Stocks rebounded strongly as investors sought to shake off a … Read more

Countries back rewritten EU plan to raise carbon market cash

BRUSSELS, Oct 4 (Reuters) – European Union countries agreed on Tuesday to an alternative to an EU plan to use a carbon market reserve to help fund their exit from Russian gas, after fears the initial proposal could undermine the bloc’s main policy on climate change. As part of its aim to end Europe’s dependence … Read more

Mystery Person in Elon Musk Texts is Ex-Wife Talulah Riley

Talulah Riley attends the 2022 British Academy Film Awards Gala Dinner on March 11, 2022 in London, England (left) and Elon Musk at a SpaceX event in Boca Chica Beach, Texas on August 25, 2022.Image: Mike Marsland/WireImage/Michael Gonzalez (Getty Images) The mystery person known only as ‘TJ’ in court documents made public Last week during … Read more

Labor Market Settles into Period of Relative Consistency

LOWELL, Mass. & WESTON, Florida–(BUSINESS WIRE)–UKG: National overview: The UKG Workforce Activity Report for September 2022 shows a very slight change in labor force activity for the seventh consecutive month. The total number of shifts worked1 by people in American businesses is down -0.3% and the monthly index is unchanged from August, remaining at 97.6%. … Read more