Buckle up for a big economics week in Washington
It’s going to be a big week in Washington — a feast for economics and data nerds. Fed Chair Jerome Powell testifies on Capitol Hill on Tuesday and Wednesday, President Biden is set to release a budget outline on Thursday, and we’ll get the jobs numbers for February this Friday. If you nerd out on…#jeromepowell #capitolhill #marketplace #yanarodgers #rutgersuniversity #patrickhoran #horan #congressional #henriettatreyz #vedapartners (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
More than 800 jobs to be cut as SA hospital plans to close
Southwest General Hospital, which nearly two years ago rebranded as Texas Vista Medical Center, plans to lay off approximately 827 employees. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - March 6, 2023 Category: American Health Authors: W. Scott Bailey Source Type: news
UK scientists welcome government ’s new technology plan but say more funding needed
Intervention is ‘yet another sticking plaster’ says Royal Society president, as EU funding programmes highlightedScientists have welcomed the launch of a 10-point government plan designed to help cement the UK ’s place as a global science and technology superpower, but said more funding would be needed to achieve this goal – including securing full association with EU programmes.Thescience and technology framework, launched on Monday, is the first major output of the recently created Department for Science, Innovation and Technology. It outlines 10 vital actions necessary to foster the right conditions for industry...
Source: Guardian Unlimited Science - March 6, 2023 Category: Science Authors: Linda Geddes Science correspondent Tags: Science Technology UK news Politics European Union Brexit Ursula von der Leyen Foreign policy World news Source Type: news
Peabody drug manufacturing plant to close, lay off 87
A manufacturer of pharmaceutical-grade gelatin is shuttering, leaving nearly 100 employees without jobs. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - March 6, 2023 Category: Biotechnology Authors: Rowan Walrath Source Type: news
Ukraine: Solidarity one year on
Following the one-year anniversary of the illegal Russian invasion of Ukraine, the TUC has set up an ongoing fundraiser to support the Federation of Trade Unions of Ukraine (FPU).
The FPU is the largest trade union centre in Ukraine, representing 4.7million members in more than 50 affiliate organisations.
The Russian invasion has caused untold devastation to the Ukrainian people. On top of the thousands of people who have lost their lives, millions of workers have lost their jobs or been displaced. Many union properties have also been damaged and many destroyed.
The TUC fundraiser allows UK trade union members to donate m...
Source: UNISON Health care news - March 6, 2023 Category: UK Health Authors: Janey Starling Tags: News international Ukraine Source Type: news
Layoff stigma stings: Why Gen Z workers are less likely to share that they lost a job
Only 20% of people who lost their jobs shared the information with their future employer, according to a new survey by ZipRecruiter of 2,000 people who recently lost their jobs. Most shared the news with their families (83%) and nearly two-thirds shared it with their friends. But in a world where…#ziprecruiter #juliapollak #fastcompany (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
Marc Andreessen: We ’re heading into a world where a flat-screen TV that covers your entire wall costs $100 and a 4-year degree costs $1M
Marc Andreessen isn’t worried about artificial intelligence taking people’s jobs. The way he sees it, technological innovation isn’t allowed to disrupt much of the economy anyway. The cofounder of venture capital giant Andreessen Horowitz laid out his thoughts in his newsletter this weekend. In…#marcandreessen #andreessenhorowitz #andreessen #acodeconference (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
SiriusXM cuts 8% of its workforce as part of a broader reorganization
Sirius XM is the latest media company to announce a round of layoffs The car radio subscription company, known for its commercial-free music and talk radio channels, said Monday it is cutting 8% of its workforce, or 475 jobs. "We are entering into a new phase for our Company," CEO Jennifer Witz…#siriusxm #jenniferwitz #witz #johnmalone #executiveleaders (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
SiriusXM To Lay Off 475 Staffers, 8% Of Workforce, In “Uncertain Economic Environment”
SiriusXM is the latest media company to lay off staff as the industry retrenches. CEO Jennifer Witz said today the satellite radio broadcaster, podcaster, owner of streaming music service Pandora and home to Howard Stern, will be cutting 475 jobs, or 8% of its workforce “to secure the long-term…#siriusxm #jenniferwitz #pandora #howardstern #executiveleaders (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
Gold price a bit firmer as Powell, U.S. jobs report in focus
Gold prices are slightly higher and silver near steady in early U.S. trading in quieter trading Monday. Traders and investors are awaiting two major U.S. data points of the week. April gold was last down $2.10 at $1,856.70 and May silver was down $0.013 at $21.225. Focus is on Fed Chairman Jerome…#focusisonfed #jeromepowell #labordepartment #nymex #treasury #wyckoff (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
SiriusXM Cuts 475 Jobs, Reducing Workforce by 8 Percent
The layoffs impacting the media and entertainment industries have hit SiriusXM. The satellite radio giant is laying off 475 people, or about 8 percent of its workforce, according to a memo to staff Monday from CEO Jennifer Witz. She said that “nearly every department across SiriusXM will be…#jenniferwitz #witz #conanobrien #teamcoco (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
More than 123,000 tech-sector employees have lost their jobs since the start of 2023
More than 123,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. The website’s tally of 2023 global tech layoffs has gone up almost fivefold since mid-January. (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone
Last week’s losing-streak breaking rally may embolden investors. Or not. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil prices, we’ve got a sparse, but meaty lineup for the week that includes remarks from Fed Chairman Jerome Powell and a jobs update.…#jeromepowell #deutschebank #jimreid #mikewilson #spx #wilson #billblain #shardcapital #comp #treasury (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
U.S. unemployment is falling even as the economy slows. What the heck is going on?
Something funny is going on in the U.S. jobs market. The economy has slowed since last year. More large companies such as Amazon AMZN, , Dell DELL, and Disney DIS, have announced layoffs. And the odds of recession are rising. And yet, the labor market is as tight as a drum. Companies are still…#amazonamzn #delldell #disneydis #ryansweet #oxfordeconomics #timothyfiore #anthonynieves #ism #homedepothd #thomassimons (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
Bond Report: ‘Buckle up.’ Treasury yields extend pullback from highs as Powell testimony and jobs data loom
Bond yields fell on Monday ahead of testimony starting Tuesday from Federal Reserve Chair Jerome Powell and crucial jobs data later in the week. Benchmark 10-year Treasury yields, which hit 4.08% last week, were dipping to 3.923% after investors spied value in yields near their highest since 2008.…#federalreservechair #jeromepowell #benchmark10year #treasury #federalreserve #beholden #cmefedwatch #fedfunds #g10 #luisecosta (Source: Reuters: Health)
Source: Reuters: Health - March 6, 2023 Category: Consumer Health News Source Type: news
