Mortgage demand slips despite drop in interest rates

Mortgage demand slips despite drop in interest rates

House for sale with “For Sale” real estate sign in yard in spring or summer season. No people. Fstop123 | E+ | Getty Images Mortgage demand fell last week compared with the previous week, despite a continued drop in rates, according to the Mortgage Bankers Association‘s seasonally adjusted index.  The average contract interest rate for … Read more

In Milwaukee, Biden looks to highlight progress for Black-owned small businesses

In Milwaukee, Biden looks to highlight progress for Black-owned small businesses

WASHINGTON (AP) — President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday to spotlight a surge in federal government support for Black-owned small businesses during his White House tenure and to highlight his administration’s efforts to ramp up investment in distressed communities. The Small Business Administration in … Read more

Wages increase as businesses struggle in a tight labour market, ABS data shows

Wages increase as businesses struggle in a tight labour market, ABS data shows

Workers in some sectors have received one-off pay boosts as a tight labour market keeps pressure on wages. Firm growth in the wage price index is expected for the September quarter, following the 0.8 per cent quarterly increase in three months to June that was slightly below forecasts. Compared to a year earlier, the Australian … Read more

At least 66% of jobs lost in Gaza, more losses possible, ILO says

At least 66% of jobs lost in Gaza, more losses possible, ILO says

At least 66% of jobs have been lost in Gaza since the Israel-Hamas conflict erupted in October, the International Labour (ILO) said on Wednesday, warning that employment losses could continue to increase in the enclave. The losses amount to a total of 192,000 jobs in the small Palestinian territory, the ILO said in its second … Read more

UAW Strike May End With ‘Historic Deal’ With General Motors

UAW Strike May End With ‘Historic Deal’ With General Motors

The United Auto Workers union reached a tentative agreement on a new contract for 48,000 General Motors workers on Monday, bringing a potential end to the union’s roughly six-week strike against the “Big Three” automakers. The union said it had achieved a core demand in talks with GM: putting battery plant employees under the UAW … Read more

The Obscure Google Deal That Defines America’s Broken Privacy Protections

The Obscure Google Deal That Defines America’s Broken Privacy Protections

Joseph Jerome, who left privacy advocacy to work on Meta’s augmented reality data policies for two years before being laid off in May, says he grew to appreciate how consent decrees force companies to work on privacy. They add “checks and balances,” he says. But without clear privacy protection rules from lawmakers that bind every … Read more

Pro pickleball players form collective amid pay cuts, merger

Pro pickleball players form collective amid pay cuts, merger

Major League Pickleball finals at Pickle & Chill on October 16, 2022 in Columbus, Ohio. Emilee Chinn | Getty Images Dozens of professional pickleball players have formed a collective to voice their concerns about recent pay cuts and the future of the sport. In a letter obtained by CNBC, the collective shared their dissatisfaction with … Read more

Better Business Bureau investigates Austin bridal shop, brides left without dresses

Better Business Bureau investigates Austin bridal shop, brides left without dresses

AUSTIN (KXAN) — The Better Business Bureau said its investigating a bridal shop in Austin. It’s after customers said the shop wouldn’t respond to text or calls about their orders and unexpectedly closed. The situation left brides without their wedding dress. IDF killing hostages was ‘worst scenario’: Netanyahu spokeswoman ‘It’s a lot of money’ Lisa … Read more

Which jobs will AI replace? Where you live could determine the answer

Which jobs will AI replace? Where you live could determine the answer

This article first appeared in The Conversation. Artificial intelligence is changing the world – and one of the main areas it will affect in the short-to-medium term is the workforce. AI algorithms imitate real-world systems. The more repetitive a system is, the easier it is for AI to replace it. That’s why jobs in customer … Read more

gold: Commodity Talk: Expect MCX gold to give 10–11% returns in 2024: Naveen Mathur

gold: Commodity Talk: Expect MCX gold to give 10–11% returns in 2024: Naveen Mathur

MCX Gold will likely witness new all-time highs, delivering 10–11% returns in 2024, Naveen Mathur, Director – Commodities & Currencies, Anand Rathi Shares and Stock Brokers tell ETMarkets as he recommends staggered buying in yellow metal futures on dips of 6–7% from the current levels. What is your assessment of gold’s performance this year and … Read more