Here’s where the jobs are for October 2024 – in one chart

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

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Trump win and threat of more tariffs raises expectations for more China stimulus

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — Donald Trump’s 2024 presidential win has raised the bar for China’s fiscal stimulus plans, expected Friday. On the campaign trial, Trump threatened to impose additional tariffs of 60% or more on Chinese goods sold to the U.S. Increased duties of

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Bitcoin Developers Working With StarkWare, Blockstream Claim Breakthrough on New Features

The publication comes as Bitcoin, the oldest and largest blockchain, has attracted hordes of developers trying to add programmability and additional network layers that could lead to not only more applications being built atop the peer-to-peer network but also faster and cheaper venues for transaction execution. The goal is to catch up to what Ethereum, the second-largest blockchain, has achieved — but with Bitcoin’s famously robust security. Source link

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OpenAI’s ChatGPT faces massive outage with thousands of users impacted By Reuters

(Reuters) – Microsoft-backed OpenAI said on Friday night it is facing an issue that has resulted in its popular chatbot ChatGPT being unavailable. The company said in a statement on its website that it was investigating the issue and working to restore functionality as soon as possible. Over 19,403 users had been impacted by the outage as of 7:13 p.m. ET (0013 GMT on Saturday), according to outage tracking website

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Coinbase Rolls Out Trading Support for Brand-New Native Token of Ethereum Layer-2 Restaking Protocol

Coinbase has rolled out trading support for the brand-new native token of an Ethereum (ETH) layer-2 restaking protocol. Customers at the top US crypto exchange can now buy and sell SWELL, which launched on Thursday. SWELL is the governance token for the Swell Decentralized Autonomous Organization (DAO), which manages the development and growth of the restaking protocol. SWELL also secures the project’s layer-2 infrastructure. Explains the project’s whitepaper, “Swell’s mission

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JPMorgan Chase Denies $53,000 Pension Payout, Widow Says Bank Treated Her Like ‘Insignificant Cockroach To Be Stepped On’: Report

JPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10 years before his untimely death. Elaine Silverberg’s departed spouse Melvyn worked as a systems analyst at Chase Manhattan Bank from 1969 to 1979, reports the New York Post. Melvyn died in 1988 due to multiple organ failure and since then, Elaine has been in a standoff with JPMorgan Chase. The

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Will Chainlink Price Rally To $30 As Whale Activity Hits Three-Month High?

Chainlink’s price momentum has recently sparked speculation of a possible rally to $30, as key technical indicators align. Analysts World of Charts suggest that LINK, currently trading around $13.67, may be poised for further growth if it breaks above a crucial descending trendline that forms the top of a bullish flag pattern. The recent uptick has generated renewed interest, fueled by robust whale activity and broader market trends. Chainlink Price

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Trump’s presidency could help small-cap stocks soar in the coming years, Fundstrat’s Tom Lee says

Getty Images; Alyssa Powell/BI Small-cap stocks could be headed for big upside amid Trump’s second term, Tom Lee says. “I think small-caps could, over the next couple of years, outperform by more than 100%,” he said. Lee predicted in July that small-caps had 40% upside through the rest of this year. Donald Trump’s presidency could drive monster gains in a particular corner of the stock market in the coming years,

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We must not turn blind eye to antisemitism, says Dutch king after attacks on Israeli football fans

Clashes in Amsterdam as Maccabi Tel Aviv play Ajax The Dutch king says Jewish people must feel safe in the Netherlands, after violent attacks against Israeli football fans in the centre of Amsterdam. Willem-Alexander said “our history has taught us how intimidation goes from bad to worse,” adding that the country could not ignore “antisemitic behaviour”. Youths on scooters had criss-crossed the Dutch capital in “hit-and-run” attacks on Maccabi Tel

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