Business

[ad_1] As part of Porsche's preparations for the launch of the Taycan electric car on Wednesday, it was necessary to install a prototype prepared on track for the famous Nürburgring Nordschleife in Germany. This 20.8 km runway, built in the 1920s as a public works project from the Depression era, is widely regarded as one … Read more

[ad_1] Job creation slowed in August with only 130,000 additional jobs added to the US economy, compared to about 160,000 expected. The unemployment rate remained stable at 3.7%. Employment gains for June and July were reduced by about 20,000 in total. According to Yahoo Finance, the jobs report comes at a critical time, as trade … Read more

[ad_1] Stock futures were higher Friday morning following the August employment report's release. Investors cheered the weaker-than-expected 130,000 jobs added in August, as it grew the expectation for an interest rate cut at the end of the month. Here were the main pre-market moves, as of 8:30 a.m. S & P futures (ES = F): … Read more

[ad_1] The economy created 130,000 jobs in August, exceeding expectations and showing a continued slowdown in the labor market in the face of global economic difficulties. According to figures released Friday by the Bureau of Labor Statistics, the unemployment rate remained stable at 3.7%, still the lowest in almost five decades. Wage growth, which remained … Read more

[ad_1] WeWork CEO Adam Neumann with his wife and founding partner Rebekah Neumann. Delaying an initial public offering is demoralizing for employees, frustrating for bankers and lawyers seeking compensation and disappointing for investors. It's also probably what WeWork should do. WeWork – technically known as The We Company – is in discussion with its advisors … Read more

[ad_1] The slowdown in hiring last month confirmed the weakening economic situation in the United States and brought the Federal Reserve back to light, said Darrell Cronk, president of the Wells Fargo Investment Institute. US employers added fewer jobs than expected last month, according to data from the Department of Labor, which also revised the … Read more

[ad_1] The monthly US employment report is always a big time for investors, who see the numbers as a crucial data point for interpreting the world's biggest economy. And at a time when fears of a US recession are growing, the numbers out may be more attention than usual. The scene: The inversion of a … Read more

[ad_1] Economists and analysts worry long before this prognosis of recession reaches 100%. Indeed, the model of the New York Fed has never reached 50% before the last three recessions, including the crisis of 2008. "Any overrun by 30% is very bad," said Nicholas Colas, co-founder of DataTrek Research. "Many things have to go well … Read more

[ad_1] Employment growth continued at a moderate pace in August, with non-farm employment increasing by only 130,000, largely due to the temporary hiring of labor force workers. census, announced Friday the Department of Labor. The increase did not exceed Wall Street estimates at 150,000, while the unemployment rate remained at 3.7%, as expected. Another measure … Read more