A jobseeker holds flyers during the New York Public Library’s annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borough of New York, US, on Friday, Sept. 6, 2024. Yuki Iwamura | Bloomberg | Getty Images The unemployment rate for white Americans inched higher in October, according to data released Friday by the Department of Labor. In October, white Americans saw their jobless rate
A staff member checks a Bentayga SUV on the Bentley production line at its factory in Crewe, England, on Dec. 7, 2022. Phil Noble | Reuters Bentley Motors is once again pushing back a target to exclusively offer all-electric vehicles, with plans to continue leaning into plug-in hybrid electric vehicles until at least 2035. The British maker of ultra-luxury performance cars on Thursday said it continues to have “an ambition
Zoe Corbyn Fifty of these giant driverless trucks work in the Greater Nammuldi iron ore mine It doesn’t get much more remote than this. I’m in inland Western Australia, at Rio Tinto’s Greater Nammuldi iron ore mine. It’s about a two-hour flight north from Perth in a region called the Pilbara. No-one lives permanently here. Around 400 workers are on the site at any one time, and they are flown
The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy. The biggest contribution last month came from health care and social assistance, with 51,300 new positions added in that area, per data from the Bureau of Labor Statistics. If private education is included with the health-care group, like some economists do, the category would have
A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images Major League Baseball and the Atlanta Braves have raised issues with the reorganization plan and future viability of Diamond Sports Group, the country’s largest owner of regional sports networks, according to a Friday bankruptcy court filing. The Braves and MLB said in the objection that they have “grave concerns” with the
Getty Images The Entertainer toy shop chain says it has been forced to drop plans to open two new stores after the government said it would raise National Insurance (NI) Contributions for employers. Chief executive Andrew Murphy told the BBC the higher taxes, announced in last week’s Budget, meant it could no longer go ahead with the shops and it had also frozen hiring at its head office. A number
Breadcrumb Trail Links Investor News Pension veterans say there was more going on behind the scenes than scrutiny of costs Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 08, 2024 • Last updated 30 minutes ago • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Alberta Investment Management Corp. chief executive Evan Siddall
A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange on June 12, 2024. Brendan McDermid | Reuters RIYADH, Saudi Arabia — Major Wall Street CEOs see ongoing inflation pressures in the U.S. economy and aren’t convinced that the Federal Reserve will continue its rate-easing path with a further two reductions this year. The Fed cut its benchmark rate by 50 basis points in
Philadelphia Phillies managing partner and principal owner John Middleton signs autographs prior to the 2024 London Series game between the New York Mets and the Philadelphia Phillies at London Stadium in London on June 9, 2024. Daniel Shirey | Major League Baseball | Getty Images The Philadelphia Phillies recently raised close to $500 million in capital from three new investors in a transaction that values the Major League Baseball team
The UK could face a £22bn hit to its exports if Donald Trump imposes a blanket 20% tariff on all imports into the US, according to a new analysis. UK exports to the world could fall more than 2.6% due to lower trade with the US and knock-on effects globally, economists at the University of Sussex’s Centre for Inclusive Trade Policy (CITP) said. This fall could happen if the President-elect
