The fall in the unemployment rate sets the stage for faster phasing out of the Fed stimulus

A sharp drop in U.S. unemployment has set the stage for the Federal Reserve to accelerate the downsizing of its stimulus program this month, economists said, giving it more flexibility to raise interest rates earlier next year if necessary. The world’s largest economy added 210,000 jobs in November, about half the pace economists expected and … Read more

To the last days and new chapters

To the last days and new chapters | Assets You need JavaScript enabled to view it. .

Shares can be in for more punishment

CNBC’s Jim Cramer said on Friday that next week’s market events could signal signs of a rally in late December after a very volatile week in which many smaller technology stocks fell amid growing investor concerns about the omicron Covid variant. “I think we can get more punishment because the valuations got so out of … Read more

Bitcoin falls by a fifth, cryptos sees $ 1 billion. worth liquidated

Breadcrumb Trail Links PMN technology PMN Business Author of the article: Reuters Maria Ponnezhath and Vidya Ranganathan Release Date: December 4, 2021 • 36 minutes ago • 2 minutes reading • Join the conversation Article content Bitcoin tossed a fifth of its value on Saturday as a combination of profit-taking and macroeconomic concerns triggered nearly … Read more

Meta approaches bear market after loss of value of $ 224 billion

Facebook parent company Meta Platforms Inc. fell on Friday, bringing their shares closer to a bear market after months of volatility triggered by a whistleblower’s revelations and disappointing quarterly results. Sales were up 19.7% since its closing record on September 7, erasing about $ 224 billion in market value. Meta’s stock has been under pressure … Read more

Kardan Real Estate will build 1,200 homes in Jerusalem

The company has entered into a combination agreement for construction on privately owned land in Jerusalem’s Ramot district. Kardan Real Estate Enterprise and Development Ltd. (TASE: KARE), a subsidiary of Kardan Israel (TASE: KRDI), has notified the Tel Aviv Stock Exchange of a combination agreement with the private owner of 65 dunams (16.5 acres) of … Read more

Cloud kitchens are switching to house of brands

“There are 28 meals in a week. You can not expect one brand to meet every customer’s needs on every occasion.” With that in mind, Ankit Nagori found the key ingredient in the recipe for her next venture. Curefit, the health and fitness startup Nagori, which was founded in 2016 along with Mukesh Bansal, removed … Read more

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