U.S. Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic
WASHINGTON — The Consumer Financial Protection Bureau on Tuesday announced it has fined U.S. Bank nearly $21 million for cutting off access to unemployment insurance benefits during the height of the Covid-19 pandemic. The Office of the Comptroller of the Currency imposed an additional $15 million…#usbank #cfpb #rohitchopra #reliacard #cherylleamon #occ #eftact #ustreasury #minneapolis #minnesota (Source: Reuters: Health)
Source: Reuters: Health - December 20, 2023 Category: Consumer Health News Source Type: news
ECB's Villeroy: French unemployment should go up, to between 7.5% and 8%
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Source: Reuters: Health - December 19, 2023 Category: Consumer Health News Source Type: news
Fed rate cuts will be even more aggressive than expected in 2024 as unemployment surges past 5%, economist says
None The Fed will slash rates even more aggressively than expected, Pantheon Macro forecasted. • None That's due to a steadily weakening US economy, with unemployment likely to tread higher next year. • None Rate cuts will exceed 75 basis points as the jobless rate surpasses 5%, the firm said. Fed…#pantheonmacro #nonerate #pantheon #ianshepherdson #fomc #cmefedwatch #deutschebank #ubs (Source: Reuters: Health)
Source: Reuters: Health - December 18, 2023 Category: Consumer Health News Source Type: news
Canada gains 25,000 jobs but unemployment rate ticks up
Canada added a modest 25,000 jobs in November, but the unemployment rate ticked up to 5.8 per cent from 5.7 per cent the month prior as the labour market showed signs it continues to deteriorate. We apologize, but this video has failed to load. tap here to see other videos from our team. Try…#statisticscanada #canadians #benjaminreitzes #bmoeconomics #bankofcanada #tdbankeconomics #stephenbrown #capitaleconomics #newbrunswick #princeedwardisland (Source: Reuters: Health)
Source: Reuters: Health - December 18, 2023 Category: Consumer Health News Source Type: news
Millions of Americans will lose their job in 2024, warns CBO report. See Details
The Congressional Budget Office (CBO) report, released on 15 December, projected a rise in the unemployment rate from 3.9 percent to 4.4 percent by the year's end, meaning millions of Americans lose their jobs. Painting a bleak picture of the US economy in 2024, the CBO attributed the expected…#cbo #google #sundarpichai #federalreserve #hindustantimes #cbio #lplfinancial #jeffreybuchbinder #buchbinder #milestonealert (Source: Reuters: Health)
Source: Reuters: Health - December 17, 2023 Category: Consumer Health News Source Type: news
Building Permits, Unemployment Claims and Other Key Thing to Watch this Week
This upcoming week is pretty quiet heading into the Holiday with some consumer data and some housing information due out throughout the week. (Source: Reuters: Health)
Source: Reuters: Health - December 17, 2023 Category: Consumer Health News Source Type: news
Federal Reserve On Cusp Of What Some Thought Impossible: Defeating Inflation Without Steep Recession
It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep recession that many economists…#dukesofhazzard #jeffersons #federalreserve #ubs #johnwilliams #federalreservebank #politicsandculture (Source: Reuters: Health)
Source: Reuters: Health - December 16, 2023 Category: Consumer Health News Source Type: news
Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession
It was the Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep recession that many economists had predicted would…#dukesofhazzard #jeffersons #federalreserve #ubs #jeromepowell #timduy #sghmacroeconomics #unitedkingdom #euro #johnwilliams (Source: Reuters: Health)
Source: Reuters: Health - December 16, 2023 Category: Consumer Health News Source Type: news
Fed's Bostic: I see 2024 GDP growth at just over 1%, unemployment at 4% by end of next year, and PCE inflation at 2.4%
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Source: Reuters: Health - December 15, 2023 Category: Consumer Health News Source Type: news
Heart Failure Med Adherence Tied to Neighborhood Socioeconomic Status
FRIDAY, Dec. 15, 2023 -- People with heart failure who live in neighborhoods with higher levels of poverty and unemployment are less likely to fill their drug prescriptions, according to a study published online Dec. 14 in JAMA Network... (Source: Drugs.com - Pharma News)
Source: Drugs.com - Pharma News - December 15, 2023 Category: Pharmaceuticals Source Type: news
Fed Projections: Soft Landing in Sight
21 months after the Fed embarked on the most aggressive monetary tightening cycle in decades, it looks increasingly likely that the optimal outcome under the circumstances – bringing down inflation without inducing a recession and causing a significant increase in unemployment – can be achieved.…#jeromepowell #pce #fomc (Source: Reuters: Health)
Source: Reuters: Health - December 14, 2023 Category: Consumer Health News Source Type: news
Australian Unemployment Hits 1-1/2 Year High Despite Job Gains
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Source: Reuters: Health - December 14, 2023 Category: Consumer Health News Source Type: news
Australian Unemployment Rate Actual 3.9% (Forecast 3.8%, Previous 3.7%)
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Source: Reuters: Health - December 14, 2023 Category: Consumer Health News Source Type: news
Africa ’s Negotiators Urged to Leverage on African Science at COP28 High Table
African researchers want African issues to be front and center as the continent comes to grips with climate change-induced impacts. Credit: COP28/Neville HopwoodBy Joyce ChimbiDUBAI, Dec 11 2023 (IPS) African scientists and researchers are concerned that the data shows that the continent is being cornered by the spiraling effects of climate change, that the real impact of climate devastation is yet to unfold, and that the region is on the cusp of more severe and catastrophic consequences.
Given Africa’s high exposure and fragility to extreme and drastic changes in weather patterns, coupled with a low adaptative capacity,...
Source: IPS Inter Press Service - Health - December 11, 2023 Category: International Medicine & Public Health Authors: Joyce Chimbi Tags: Africa Biodiversity Climate Action Climate Change Climate Change Finance COP28 Development & Aid Editors' Choice Environment Featured Food and Agriculture Food Security and Nutrition Headlines Health Human Rights Humanitarian Source Type: news
Five days of chaos: What just happened at OpenAI?
OpenAI Chief Executive Sam Altman is back to work after a brief spell of unemployment.. Nearly as quickly as he left, . Following his firing from the influential artificial intelligence developer OpenAI on Friday, the 38-year-old technology entrepreneur will now return to the firm behind ChatGPT…#openai #samaltman #altman #ilyasutskever #adamdangelo #tashamccauley #helentoner #sanfranciscobayareas #miramurati #emmettshear (Source: Reuters: Health)
Source: Reuters: Health - December 11, 2023 Category: Consumer Health News Source Type: news
