United States and Canada

US labor market remains tight as unemployment hits 10-month high

US labor market remains tight as unemployment hits 10-month high

The number of Americans filing new claims for unemployment benefits increased moderately last week, indicating a still tight and strong labor market despite growing fears of a recession as the US Federal Reserve battles to rein in demand . Although the US Department of Labor’s weekly jobless claims report on Thursday showed jobless listings, or …

US labor market remains tight as unemployment hits 10-month high Read More »

Amazon workers stage walkouts and protests on Black Friday

Amazon workers stage walkouts and protests on Black Friday

Amazon employees and their supporters have rallied in dozens of countries to protest the retail giant’s labor policies, activists say. From Germany and France to the United States, from India to Japan and the United Kingdom, Amazon workers lowered their tools or joined marches on Friday demanding better working conditions and fair wages. The actions …

Amazon workers stage walkouts and protests on Black Friday Read More »

'Betrayed': FTX Collapse Signals End Crypto's 'Wild West' Days

‘Betrayed’: FTX Collapse Signals End Crypto’s ‘Wild West’ Days

Boston, United States – FTX used to be one of the largest cryptocurrency exchanges in the world – until earlier this month it collapsed within days. In the wake of the collapse of Sam Bankman-Fried’s crypto empire, increased government oversight and calls for tougher regulation threaten to spell the end of the freewheeling Wild West …

‘Betrayed’: FTX Collapse Signals End Crypto’s ‘Wild West’ Days Read More »