New York City’s economy added just 13,500 jobs in December, leaving payrolls about 12 percent smaller than before the COVID era. That translates to 300,000 fewer jobs in town.The city’s unemployment rate is now 6 percent, almost double the national rate, The New York Post reported.Black and brown communities have lost the most jobs and are regaining them......
With digital ad revenues projected to fall by more than 10 percent this quarter, news organizations are cutting staff to balance their budgets.
The number of existing U.S. homes sold in 2022 was 17.8 percent smaller than in 2021, marking the industry’s worst sales year since 2014, according to the National Association of Realtors (NAR).
Fees for structuring mergers and acquisitions and underwriting stock issues were down 49 percent at Morgan Stanley last year and 48 percent at Goldman Sachs, the companies reported, as deals dried up amid rising interest rates, continuing inflation, and a gloomy economic outlook.
China said Japan is acting recklessly after its decision to release cooling water laced with toxic tritium from storage tanks at the disabled Fukushima Nuclear Power Plant—and said an outside body should have input because it affects the entire ocean.
A top Artificial-Intelligence researcher said last week that about 90 percent of the online content consumed by the public will likely be produced by AI by 2025 due to breakthroughs in the technology.
Individuals who routinely eat fast food are at higher risk of developing non-alcoholic fatty liver disease, which can be fatal, according to a new study conducted by the University of Southern California.
For the second time in two weeks, well over 100,000 people took to the streets across Israel to lash out at what they see as a historic crackdown on individual liberties by Prime Minister Benjamin Netanyahu’s hardline government.
Washington and Israel are sending a clear message to Iran, get ready for war.
Luiz Inacio Lula da Silva, Brazil’s new president, announced last week that one of his top objectives is to build up his country’s military so it becomes “respected” on the world stage.