US Manufacturing Activity Contracts for Twelfth Consecutive Month in October

US Manufacturing Activity Contracts for Twelfth Consecutive Month in October

Washington (awp/afp) – Manufacturing activity in the United States continued to deteriorate in October, contracting for the twelfth month in a row, falling further compared to September, according to data published Wednesday by the professional federation ISM . The index measuring this activity fell by 2.3 percentage points compared to September, and fell to 46.7%. … Read more

September Job Openings in the US Rise: Latest JOLTS Report by Department of Labor

September Job Openings in the US Rise: Latest JOLTS Report by Department of Labor

(Reuters) – The number of job openings increased in the United States in September and the previous month’s figure was revised downward, shows the department’s latest “JOLTS” (Job Openings and Labor Turnover Survey) report. of Labor published Wednesday. Job openings reached 9.553 million in September, according to the report, while those in August were revised … Read more

US Manufacturing Activity Contracts Again, Marking 12th Consecutive Month of Decline

US Manufacturing Activity Contracts Again, Marking 12th Consecutive Month of Decline

Manufacturing activity contracted for the 12th consecutive month in the United States in October, with a pace which even increased compared to the previous month. According to the results of the latest survey from the Institute for Supply Management (ISM), the index measuring the manufacturing sector fell to 46.7 last month, a drop of 2.3 … Read more

Private Sector Jobs in the US: 113,000 New Jobs Created in October, Education and Health Surpass Leisure and Hospitality

Private Sector Jobs in the US: 113,000 New Jobs Created in October, Education and Health Surpass Leisure and Hospitality

The private sector in the United States generated 113,000 new jobs in October, according to the monthly survey published this Wednesday by ADP, a specialist in the outsourcing of human resources management. ‘Hiring in leisure and hospitality has driven the post-pandemic employment recovery, but the sector has lost its place as the leading job creator … Read more

Eletrobras Explores Potential Offer to Sell Preferred Shares in ISA Cteep with Financial Institutions

Eletrobras Explores Potential Offer to Sell Preferred Shares in ISA Cteep with Financial Institutions

Brazilian power company Eletrobras on Tuesday approved the recruitment of financial institutions to structure a potential offer to sell its preferred shares in electricity transmission company ISA Cteep. The company said it would hire Citigroup, Itau BBA, Safra and XP Inc to structure the deal. Eletrobras owns 52.48% of ISA Cteep’s preferred shares, as well … Read more

Banca Ifis and Mediobanca Announce Finalized Partnership for Management of Doubtful Loans

Banca Ifis and Mediobanca Announce Finalized Partnership for Management of Doubtful Loans

(Alliance News) – Banca Ifis Spa and Mediobanca Spa Group announced on Tuesday that they had finalized the long-term partnership signed last May for the management of doubtful loans. In particular, following obtaining the necessary regulatory authorizations, Banca Ifis finalized the purchase from Mediobanca, for 100 million euros, of Revalea Spa, a company created in … Read more

University of Michigan Survey: American Household Morale Rises in October, Beating Forecast

University of Michigan Survey: American Household Morale Rises in October, Beating Forecast

October 27 (Reuters) – American household morale rose above the initially estimated figure in October, the final results of the monthly survey from the University of Michigan showed on Friday. Its confidence index stands at 63.8 this month after 68.1 in September. Economists and analysts polled by Reuters on average forecast a figure of 63, … Read more

Inflation in the United States Stabilizes at 3.4% for Third Consecutive Month: PCE Index Report

Inflation in the United States Stabilizes at 3.4% for Third Consecutive Month: PCE Index Report

Washington (awp/afp) – Inflation remained stable in September in the United States, for the third month in a row, at 3.4% over one year, according to the PCE index, the gauge favored by the Fed, and released Friday by the Commerce Department. Over one month, the price increase is the same as in August, 0.4%. … Read more

U.S. States Sue Meta Platforms and Instagram for Harmful Effects on Youth’s Mental Health

U.S. States Sue Meta Platforms and Instagram for Harmful Effects on Youth’s Mental Health

Oct 24 (Reuters) – Dozens of U.S. states are suing Meta Platforms and its subsidiary Instagram, accusing them of harming the mental health of young people due to the addictive nature of their social networks. In a complaint filed Tuesday in federal court in Oakland, California, 33 states, including California and Illinois, claim that the … Read more