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The U.S. jobs market hit a surprising speed bump in October, adding just 12,000 new jobs — way below the expected 100,000. A mix of natural disasters and labor unrest explains the slump. Recent hurricanes in the Southeast wiped out somewhere between 40,000 to 70,000 jobs, while strikes at Boeing and other companies added to […]
Nevada is facing skyrocketing housing costs. Reno Mayor Hillary Schieve says city leaders should cut regulations that stymie construction. Federal funding for affordable housing and an emphasis on reducing homelessness is also key. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking […]
Surging butter prices in Russia have led to increased thefts in some supermarkets and prompted Moscow to boost imports of the staple food product from nearby countries. According to Rosstat, the state statistics agency, butter prices jumped 25.7% from Jan. 1 to Oct. 28. Rusprodsoyuz, a union of food producers, reported that a kilogram of […]
U.S. Government’s 2024 Budget Visualized This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. The U.S. government faced one of its largest budget deficits ever in fiscal year 2024, due to rising interest rates and government […]
here’s no question DC remains inextricably tied to the federal government — in tech, real estate and research — but that isn’t always a good thing, local leaders say. Despite the ways to take advantage of the interconnectivity, at times it can hold the city back, as leaders discussed at a recent event hosted by […]
Germany’s Real GDP Growth From 1991 to 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Among advanced economies, Germany has seen the most sluggish GDP growth in recent years. The European powerhouse even saw […]
If Elon Musk joins the United States government following a Donald Trump victory in the presidential election, he will be the latest in a succession of billionaire businesspeople to hold public office. From the late Vice President Nelson Rockefeller and former New York City Mayor Michael Bloomberg to Illinois Governor JB Pritzker and former President […]
The former national chairman of the All Progressives Congress (APC), Adams Oshiomhole has warned that the current economic hardship in Nigeria could lead to social unrest. Oshiomhole gave this warning while speaking at a recent Distinguished Personality Lecture hosted by the National Institute for Security Studies (NISS) in Abuja. Speaking on the topic, “National Minimum […]
BYD is the most prominent EV manufacturer in China. (AP pic) BEIJING: Chinese electric vehicle giant BYD reported surging sales today, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances. The EV and battery giant is a leading player in recent efforts by Chinese automotive firms […]
The International Monetary Fund (IMF) on Wednesday cleared the air on reports making the rounds that it has distanced itself from an earlier advisory provided to the Nigerian government on petrol subsidy removal and reform of the foreign exchange market. The Washington-based institution said that it stands by its advice to Nigeria to remove petrol […]