Economists are eagerly awaiting the October jobs report, but they're not sure what to expect. Two major hurricanes and several strikes might have thrown a wrench into the usual job numbers. It's so uncertain that some experts even think we might see a drop in jobs! These natural disasters and labor
October saw the slowest job growth since late 2020, with only 12, 000 new jobs created. That's a big drop from September and way below what experts were expecting. The unemployment rate stayed the same at 4. 1%, but a broader measure that includes people who want jobs but aren't actively looking als
Small-business owners aren't thrilled about the idea of more tariffs. With former President Donald Trump hinting at higher tariffs if he returns to office, businesses like Virginia Beer Co. are worried about increased costs. Chris Smith, the co-founder, saw a 5. 5% surcharge on a supplier's bill aft
For months, some Republicans have claimed that the Bureau of Labor Statistics (BLS) job numbers are manipulated to make the economy look better. But the upcoming October jobs report, set to release just before the elections, might challenge these theories. The BLS initially reported that employers a
Imagine being fined a number so big it's more than the entire world's wealth! That's what happened to Google in Russia. A court ordered Google to pay a whopping $20 decillion, or 20 with 33 zeros, as a fine. This isn't just a big number; it's a symbolic gesture. The fine is for blocking Russian TV c
In a big move this week, the EU took a stand against China by imposing tariffs on Chinese electric vehicle (EV) manufacturers. These tariffs, ranging from 17% to 35. 3%, were put in place after talks between the EU and China broke down. The tariffs are meant to tackle the heavy subsidies that the Ch
Climate change isn't just about polar bears and melting ice caps. It's affecting your daily life right now, from the food you eat to the electricity you use. Let's break it down. The economy is a big deal this election season. Guess what? Climate change is costing us big bucks. Extreme weather even
Singapore's digital economy is thriving, with a whopping 17. 7% share of the country's GDP. Small and midsize businesses (SMBs) and artificial intelligence (AI) are the powerhouses driving this growth. Last year, the digital economy contributed SG$113 billion ($85. 31 billion) to Singapore's GDP, wh
You might think high interest rates would slow down the economy. But surprisingly, the U. S. economy grew at a steady 2. 8% pace from July through September. Consumers were the big spenders, driving growth even with higher interest rates. While business investments cooled off a bit, exports picked u
Investors are looking ahead to a big week in tech earnings. Stocks like Alphabet, Apple, and Amazon are already at record highs, and experts expect more growth. AI spending by these companies is also a hot topic. While AI might not show immediate results, it's seen as a long-term positive for the ma
