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Month: October 2024

Cryptocurrencies

Dollar Gains on Strong Job Data as Euro Rebounds on GDP

Dollar strengthened in the early session, buoyed by surprisingly strong ADP private sector job data that far outpaced expectations. This robust employment figure has bolstered optimism for Friday’s upcoming non-farm payrolls report, which many anticipate Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

Royal Caribbean passenger shares ‘beat the drink package’ advice

It’s not uncommon to see people on cruise ships wearing “I beat the drink package” T-shirts. That phrasing generally means: “I drank so much that the cruise line lost money on selling me the package.” Now, Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

US Q3 GDP growth slows to 2.8% annualized, vs exp 3.0%

US economy expanded at an annual rate of 2.8% in the third quarter, slightly below the expected 3.0% and down from the previous quarter’s 3.0% growth. This increase in real GDP was primarily supported by Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

Jeep, Dodge factory workers are newest victim of Stellantis cuts

If there is one singular person who currently has the hardest job in the automotive industry, it would probably be Carlos Tavares, the CEO of the multinational auto conglomerate Stellantis.  (STLA) Though managing 14 different brands, including Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

Carnival Cruise Line answers a major passport question

In most cases, when you board a closed-loop Caribbean cruise, there are two ways to identify yourself before you’re allowed to get on the ship. You can present a valid passport, or you can choose Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

US ADP jobs rises 233k, hiring robust and resilient

US ADP report revealed robust private sector job growth in October, with employment rising by 233k, well above the forecasted 110k. Sector-wise, service-providing jobs led the way with a 211k increase, while goods-producing jobs added Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

Iconic restaurant chain closes more locations before bankruptcy

A combination of distress factors, including rising labor and food costs from inflation, higher interest rates, and lingering effects from the Covid-19 pandemic have inflicted financial hardship on restaurant chains nationwide and forced some to Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

Average Americans are missing out on key 401(k), retirement guidance

Over the past few decades, employer-sponsored 401(k)s have mostly replaced workplace pension plans, except within the public sector. In 2023, just 15% of private sector employees were offered a pension plan, compared to the 67% Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

Analysts overhaul Alphabet stock price targets as Google parent soars

Alphabet shares powered higher in early Wednesday trading, but remain south of their early July peak, following a blowout set of third quarter earnings that has triggered a wave of price target changes from top Read more…

By , 2 years ago October 30, 2024
Cryptocurrencies

EUR/USD Rises as German GDP Beats Forecast

The euro is up for a third straight day on Wednesday. In the European session, EUR/USD is trading at 1.0839 at the time of writing, up 0.20% on the day. Germany’s GDP for the third Read more…

By , 2 years ago October 30, 2024

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