The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.4 million in September, the Labor Department said Tuesday.
UK used car market to see gradual growth amid ongoing challenges
Economic pressures, supply challenges, and rising EV adoption shape a slowly recovering market, according to Cox Automotive.
Job openings rise more than expected in October
Job openings rebounded in October as investors continued to debate how rapidly the US labor market is cooling to end 2024.
Leveraged Loan Market’s $64 Billion Day Smashes Record
(Bloomberg) -- The US leveraged-loan market had a record $64.3 billion of deal launches Monday, nearly doubling the prior high set just two weeks ago, as firms take advantage of a still-friendly environment to borrow. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsMost of the 43 transactions brought were to reprice existing loans. Some of the biggest, topping $4 billion each, were from Dunkin’ Do
XRP token skyrockets 400% after Trump election, market cap exceeds $154 billion
The once underperforming token is rallying on the heels of Trump's election victory.
US College Closures Are Expected to Soar, Fed Research Says
(Bloomberg) -- The number of colleges that close each year is poised to significantly increase as schools contend with a slowdown in prospective students. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThat’s the finding of a new working paper published by the Federal Reserve Bank of Philadelphia, where researchers created predictive models of schools’ financial distress using metrics like enroll
OPEC oil output rises in November as Libya recovers, survey finds
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a Reuters survey found, though members making cuts pledged to the wider OPEC+ alliance kept output broadly steady. The Organization of the Petroleum Exporting Countries pumped 26.51 million barrels per day (bpd) last month, up 180,000 bpd from October, the survey showed on Tuesday, with Libya again posting the largest increase. Libyan output recovered after resolution of a dispute over control of the central bank, allowing full production to resume at oilfields and applying downward pressure on prices.