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Musk really gave Bezos a silver medal, using emoticons on Twitter.
Tesla, Inc. CEO Elon Musk responded to a tweet from Amazon.Com Inc founder Jeff Bezos on Monday with a silver emoji, reminding him that the wealth gap between the two is widening. With the recent rise in Tesla, Inc. 's share price, Musk once again surpassed Bezos to become the world's richest man, according to the Forbes real-time rich list at the end of last month. Musk wrote to Forbes at the time, "I'm going to give a huge statue of the number 2 to Jeffrey B. and a silver medal." Last Friday, Musk's space exploration technology company (SpaceX) and investors reached
There is a labor shortage in the United States, and more than half of small businesses are underemployed, setting a record.
The labour shortage of small business owners in the US is worsening, with 51 per cent of small business owners reporting job openings in September, an all-time high, the National Alliance of Independent Enterprises (NFIB) said on Thursday. This forces them to raise wages and take other measures to attract job seekers. That is up one percentage point from August and well above the average of 22% in the 47 years since NFIB began collecting the data. Due to difficulties in recruiting workers, 42% of the small business owners surveyed raised their wages, also reaching an all-time high. 30% of small business owners said they planned to raise wages in the next three months. In
Us bond yield curve further flattens CPI surge strengthens expectations of interest rate hikes
The Treasury yield curve flattened on Tuesday, with higher-than-expected CPI in June, prompting traders to bet that the Fed will tighten monetary policy in early 2023. The gap between five-year and 30-year Treasury yields narrowed to less than 115 basis points, nearing the lowest level of 2021 hit last month. The yield on the five-year note rose to about 0.82 per cent, more than 20 basis points higher than it was in mid-February, while the 30-year yield fell. Money market traders expect the Fed to start raising interest rates in early 2023. CPI posted its biggest increase since 2008 in June, stimulating the bond market to a certain extent.
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