Markets

Wage Gains for Job Switchers Are Quickly Cooling Down, ADP Says

Job switchers’ wages rose 15.7% in the year through September, ADP said Wednesday. That’s down from August’s 16.2% pace and the largest one-month deceleration in at least three years. As the job market cools, the wage-growth gap between switchers and job stayers is likely to close. Loading Something is loading. Changing jobs doesn’t pay like …

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Yes, the heat is coming off the housing market. But it wasn’t just on fire last year – it was burning uncontrolled | Greg Jericho

BILLIONhe first Tuesday of the month is a big event in finance and economics and this week was no different with the Reserve Bank lifting the cash rate by another 25 basis points to 2.6%, the highest it has been since July 2013. And yet while it set off another round of Australia’s favorite game …

Yes, the heat is coming off the housing market. But it wasn’t just on fire last year – it was burning uncontrolled | Greg Jericho Read More »

Will bulls take charge now that Bitcoin price trades above a long-term trendline resistance?

On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. 15, depending on one’s style of technical analysis. Some trader might be feeling a bit celebratory now that the price trades outside …

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Trade Market, Draft Factored Into Jaguars’ Christian Kirk Signing

The Jaguars shocked the NFL world with a four-year, $72MM deal for Christian Kirkbut the former Cardinals receiver checked a lot of boxes the team sought this offseason. Kirk’s speed profile, durability and being 25 — an age the Jags believed would allow him to grow and develop alongside Trevor Lawrence — made him appealing …

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iAIRE Launches Patented Solar HVAC, Disrupting the Market with Cost Savings, Energy Efficiency

INDIANAPOLIS–(BUSINESS WIRE)–Despite a large majority of Americans supporting solar technology, accessing high-quality, energy-saving resources remains out of reach for many consumers. iAIRE, a leading designer and manufacturer of customized solutions for cleaner air and reduced energy costs, is looking to change solar access with the launch of its patented Solar HVAC for homes and businesses …

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Housing Market Collapse Could Push Home Prices Down 20% In Major Markets Like Dallas And Los Angeles, Experts Predict

Topline As mortgage demand plunges to the lowest level in 25 years, some experts believe the housing market decline will hit a cadre of regions especially hard—pushing prices down as much as 20% in pandemic-era hot spots and other areas where affordability has plunged— even if the overall housing market remains afloat. Mortgage payments have …

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Dow Jumps Over 800 Points, Volatility In Markets Decreases – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

US closed stocks higher for the second straight session on Tuesday, with the S&P 500 index recording its biggest single-session gain in two years. US job openings declined by the most in around 2-1/2 years in August, while the Reserve Bank of Australia announced a smaller-than-expected rate increase of 25 basis points. Shares of Twitter …

Dow Jumps Over 800 Points, Volatility In Markets Decreases – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN) Read More »

Daily Markets: Rally Falters As Investors Await Jobs and Inflation Reports

Today’s Big Picture Asia-Pacific equity indexes ended today’s session up across the board. Korea’s KOSPI gained 0.26%, Japan’s Nikkei rose 0.48%, Taiwan’s TAIEX advanced 1.06% and Australia’s ASX All Ordinaries closed 1.82% higher. Hong Kong’s Hang Seng set the pace, closing ahead 5.90% on a broad rally led by Retail Trade, Technology Services, and Consumer …

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Middle East and North Africa are fastest-growing crypto markets: Data

Emerging markets continue to forge their way into the crypto scene finding a plethora of use cases, especially in the combined Middle East and North Africa (MENA) region. A new report from Chainalysis reveals that the crypto market in the MENA region is the fastest growing in the world. Transaction volume in the MENA region …

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