Thursday, January 16, 2025

Economy

The intricacies of a corrupt labor market: Why a crackdown on inflation could put people back in the workforce

Wages rose, but rampant inflation crushed the purchasing power of those wages. by Wolf Richter to Wolf Street. Employers added 428,000 workers...

Google raises employee pay in performance review renewal

Sundar Pichai, CEO of GoogleDavid Paul Morris | Bloomberg | Getty ImagesThe Google The company is reforming the performance appraisal process, implementing...

Dow, Standard & Poor’s open lower after jobs report

Wall Street's Volatility Index, or VIX, extended its gains Thursday this morning, up 5.4% to 32.89 points after Friday's economic report pointed to strong...

Asian stocks follow Wall Street lower as concerns grow over rate hike

Asian stocks followed Wall Street lower as fears spread that raising US interest rates to fight inflation could halt economic growthby ...

Dow plunges 1,000 points in worst day since 2020, Nasdaq drops 5%

Stocks fell sharply on Thursday, completely erasing a rally from the previous session in a stunning reversal that offered investors one of the worst...

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