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aprilie 27, 2023

U.S. weekly jobless claims increase, labor market remains tight

Weekly jobless claims increase 13,000 to 196,000

Four-week moving average of claims falls 2,500 to 189,250

Continuing claims rise 38,000 to 1.688 million

By Lucia Mutikani

WASHINGTON, Feb 9 (Reuters) – The number of Americans filing new claims for EvdeN EvE nAKliyaT unemployment benefits increased more than expected last week, but the underlying trend continued to point to a tight labor market.

The jobs market has remained resilient despite growing economic headwinds from the Federal Reserve’s interest rate increases.While labor market strength keeps the U.S. central policy on its monetary policy tightening path, it also suggests that a much anticipated recession is nowhere near.

„We would be crying wolf if we said we thought there was a recession signal in the weekly unemployment claims data this week,” said Christopher Rupkey, chief economist at FWDBONDS in New York.”Recession is not around the corner with layoffs this low, and the downturn, if it is coming at all, is months away.”

Initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 for evdeN eVe NakLiyaT the week ended Feb.4, the Labor Department said on Thursday. That was the first increase in claims since the second last week of December. Economists polled by Reuters had forecast 190,000 claims for the latest week.

The four-week moving average of claims, considered a better measure of labor market trends as it strips out week-to-week volatility, fell 2,500 to 189,250, the lowest level since last April.Unadjusted claims rose 9,628 to 234,654 last week.

There was a jump in claims in California as well as notable increases in Ohio and Illinois. Those rises offset decreases in Georgia, New Jersey and Texas.

Claims have remained low despite high-profile layoffs in the technology industry as well as the interest rate-sensitive finance and housing sectors.Walt Disney and Zoom Video Communications added to the growing list of companies laying off workers, announcing 7,000 and 1,300 jobs cuts, respectively, this week.

Economists say most of the companies, especially in the technology industry, overhired during the COVID-19 pandemic.They noted that small businesses continued to seek workers.

There is anecdotal evidence that companies are generally reluctant to lay off workers after experiencing difficulties recruiting during the pandemic.

Workers remain scarce in some industries.There were 1.9 job openings for every unemployed person in December, government data showed last week. According to an Institute for Supply Management survey last Friday, some services businesses in January reported they were „unable to hire qualified labor,” saying that „supply is thin.”

U.S.stocks opened higher. The dollar fell against a basket of currencies. U.S. Treasury prices rose.

STRONG JOBS MARKET

Economists speculated that severance packages were delaying the filing of unemployment benefits claims, while the abundance of vacancies made it easier for laid-off workers to find jobs.

„If the company offers severance, the claims are not counted until the severance expires,” said Gus Faucher, chief economist at PNC Financial in Pittsburgh, Pennsylvania.”But even so, the job market remains remarkably strong.”

Economists also believed that seasonal adjustment factors, the model the government uses to strip out seasonal fluctuations from the data, were keeping claims lower.

The seasonal adjustment factors for 2023 will be updated at the end of March.Applying the average seasonal factors for the prior two years with the same calendar configuration as 2023 would put claims at 210,000 in the latest week and a four-week average of 200,000, according to Conrad DeQuadros, senior economic advisor at Brean Capital.

„Nonetheless, this would still be a low reading on claims and indicate that either involuntary separations remain low and/ or those who lose their jobs are quickly re-employed elsewhere,” DeQuadros said.”There is no sign of easing of labor market tightness here.”

The claims report also showed the number of people receiving benefits after an initial week of aid, a proxy for hiring, eVdeN evE nakliYAT rose 38,000 to 1. If you adored this article and you would like to obtain more details regarding EVDen eVE NaKliyat kindly check out our webpage. 688 million during the week ending Jan. 28.

Lower layoffs have been a major contributor to strong job gains.The government reported last Friday that nonfarm payrolls surged by 517,000 jobs in January, the most in six months, after rising by 260,000 in December. The unemployment rate fell to more than a 53-1/2-year low of 3.4% from 3.5% in December.

Fed Chair Jerome Powell said on Tuesday that the central bank’s fight to tame inflation could last „quite a bit of time,” in a nod to January’s blowout job gains.Since March, the U.S. central bank has hiked its policy rate by 450 basis points from near zero to the 4.50%-4.75% range. (Reporting by Lucia Mutikani; Editing by Chizu Nomiyama and Paul Simao)

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aprilie 24, 2023

Business Highlights: AI detection tool, methane reduction

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Cheaters beware: ChatGPT maker releases AI detection tool

SAN FRANCISCO (AP) – The maker of ChatGPT is trying to curb its reputation as a freewheeling cheating machine with a new tool that can help teachers detect if a student or EVDen EvE nAkLiYAt artificial intelligence wrote that homework.The new AI Text Classifier launched by OpenAI follows a weeks-long discussion at schools and colleges over fears that ChatGPT´s ability to write just about anything on command could fuel academic dishonesty and hinder learning. OpenAI cautions that its new tool is not foolproof and the method for detecting AI-written text is imperfect and can be wrong at times.

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Difficulty measuring methane slows plan to slash emissions

NEW YORK (AP) – Satellites, drones and airplanes equipped with infrared cameras will likely be the backbone of a new federal policy to fine the nation´s largest methane polluters.

But the nascent industry has a long way to go before it can accurately measure just how much methane polluters are releasing. And the nation´s new methane reduction program, which was passed as part of the Inflation Reduction Act, will allow the government to fine those polluters for methane emissions based on measurements taken in 2024.

That leaves little time to get a reliable system in place.

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US wage growth slowed in the final quarter of 2022

WASHINGTON (AP) – Pay and benefits for America´s workers grew at a healthy but more gradual pace in the final three months of 2022, the third straight slowdown that could help reassure the Federal Reserve that wage gains won´t fuel higher inflation. Wages and benefits, such as health insurance, grew 1% in the October-December quarter compared with the previous three months.That marked a solid gain, though it was slower than the 1.2% increase in the July-September quarter.

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Boeing bids farewell to an icon, delivers last 747 jumbo jet

SEATTLE (AP) – Boeing bids farewell to an icon on Tuesday: It´s delivering its final 747 jumbo jet.

Since it debuted in 1969, the 747 has served as a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers, eVDeN eVE NaKliyAt and the Air Force One presidential aircraft. It revolutionized international travel. But over about the past 15 years, Boeing and its European rival Airbus have introduced more profitable and fuel efficient wide-body planes, with two engines instead of the 747´s four.

The final plane is the 1,574th built by Boeing in the Puget Sound region of Washington state. It´s being delivered to cargo carrier Atlas Air.

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Unprecedented profit for Exxon as travel, and war, heated up

NEW YORK (AP) – Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods.

The energy giant brought in $55.7 billion in annual profits. That exceeded its previous record of $45.22 billion in 2008. Exxon´s bounty came as Americans shelled out $4 per gallon for gasoline in the U.S. during the spring and summer. Oil and natural gas prices surged globally after Russia invaded Ukraine and reduced its supply of energy to Europe.

The record profits were a marked turnaround from two years ago, when the coronavirus pandemic hit and travel ground to a halt, killing demand for fuels.

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Adult Happy Meals, McRib, feed McDonald´s sales in Q4

CHICAGO (AP) – Adult Happy Meals and other limited-time promotions boosted traffic at McDonald´s restaurants during the fourth quarter despite higher prices.

The company said Tuesday that global same-store sales __ or sales at stores open at least a year __ rose 12.6% in the October-December period. That beat Wall Street´s expectations. U.S. sales soared in October after McDonald´s launched adult Happy Meals featuring limited-edition toys designed by the streetwear brand Cactus Plant Flea Market.

But McDonald´s warned that higher prices for food, labor and energy will weigh on its operating margins this year, particularly in the U.S. and Europe.

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Wall Street climbs to add more to its strong January

NEW YORK (AP) – Wall Street closed out a strong January with more gains.

The S&P 500 rose 1.5% Tuesday, marking its third winning month in the last four. The Dow rose 1.1% and the Nasdaq rose 1.7%. The gains came ahead of what many investors hope will be one of the Federal Reserve´s last hikes to interest rates for a while.

Markets got a boost after a report showed that growth for workers´ pay and benefits slowed during the end of 2022. While that´s frustrating for people trying to keep up with soaring prices, markets see it as an encouraging sign of easing pressure on inflation.

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Lawmakers aim to raise penalties for US airline disruptions

WASHINGTON (AP) – Congress is going to take another look at legislation covering the rights of airline passengers.

Democratic Senators Richard Blumenthal of Connecticut and Edward Markey of Massachusetts said Tuesday they re-introduced bills to increase penalties when airlines strand or EVDeN EvE NaKliyAt delay passengers, and to limit airline fees. Both ideas have failed in previous years, but the senators say they´ve got a good chance of success this time because of outrage over debacles like the one at Southwest Airlines in December.

But they´ll face obstacles. Republicans haven´t supported the measures yet. And airlines have succeeded before in lobbying Congress against proposals to limit or evdeN eve nakliYAT regulate the fees that they charge customers for services like checking baggage.

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Alaska gold, copper mine blocked over environmental worries

JUNEAU, Alaska (AP) – Federal environmental regulators have blocked a proposed Alaska mine heralded by backers as the most significant undeveloped copper and gold resource globally.

The U.S. Environmental Protection Agency took the unusually strong step Tuesday. It´s concerned about the mine´s environmental impact on a rich aquatic ecosystem that supports the world´s largest sockeye salmon fishery. Alaskan Native tribes and environmentalists celebrated Pebble Mine´s veto.

But Pebble Limited Partnership CEO John Shively calls the move „unlawful” and says a lawsuit is likely. Tribes in the Bristol Bay region in 2010 petitioned the EPA to protect the area under the federal Clean Water Act.

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The S&P 500 gained 58.83 points, or 1.5%, to 4,076.60.If you have any concerns about where by and EvDen eve NAkliYat how to use EVdeN evE NAKliyat, you can contact us at our own web site. The Dow Jones Industrial Average added 368.95 points, or 1.1, eVdeN Eve NAKliyAt to 34,086.04. The Nasdaq composite tacked on 190.74 points, or 1.7%, to 11,584.55. The Russell 2000 index of smaller companies rose 46.22 points, or 2.5%, to 1,931.94.

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aprilie 23, 2023

Russia's Polymetal negotiates to keep London listing as GDRs

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine

By Anastasia Lyrchikova

MOSCOW, Feb 9 (Reuters) – Russian gold and silver producer Polymetal is negotiating with British authorities to keep its London listing in the form of global depositary receipts (GDR) after the company moves to Kazakhstan, the company’s CEO told Reuters.

Polymetal last month said it was considering moving its parent company’s domicile and primary listing, currently in Jersey and London respectively, to „Russia-friendly” Kazakhstan, which „could unblock the ability to execute further corporate actions”.

The move would allow the company to spin off the Kazakh business, which accounts for about 38% of revenue and 32% of annual production. While domiciled in Jersey, deemed an „unfriendly” jurisdiction by Russia, no separation of assets is possible.

„We want to take the Kazakh business out of the shadows, out from under the canopy of sanctions,” CEO Vitaly Nesis told Reuters.”That’s why we have to split up the company first.”

Nesis said the company’s management was in discussions with the London Stock Exchange, the FCA regulator and service providers about retaining a form of LSE listing after the move to Astana and was counting on clarity within 1-2 months.

„We are applying maximum efforts to maintain our listing in London, but given the recent, ninth sanctions package…the task is not simple. Many service providers are reluctant even to engage in dialogue about securing a listing after the move.”

The decision about changing the listing will be put to shareholders and requires 75% approval.The European Union’s ninth sanctions package bars investment in Russia’s mining industry.

Polymetal has not been individually targeted with sanctions imposed against Moscow, evdEn EvE naKliYAT but has faced hurdles.

Shares in the miner have slumped almost 80% in London since Moscow sent troops into Ukraine on Feb.If you loved this article and EVdEn EVE NAkliyAt you wish to receive details relating to evden eVE NaKliYAt generously visit our web site. 24 last year. According to Nesis, its share of institutional investors has „significantly decreased”, EvDEn EvE NAKLiyAT although BlackRock retains around 7.5%.

Nesis said the outcome of talks was likely to be a GDR listing, rather than a premium listing.

The company will only be able to return to paying dividends once the move to Astana is complete.

He said sales have already been separated – the business in Kazakhstan sells all its gold to the central bank, while in Russia last year the majority of metal was sold to Asia.

But starting from 2023, Polymetal has returned to Russia’s rapidly growing domestic market with gold sales from its Russian assets, Nesis said, Evden eVe NaKLiYAT and is not engaged in export.(Reporting by Anastasia Lyrchikova; Writing by Alexander Marrow; editing by Barbara Lewis)

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aprilie 23, 2023

Driver slammed after cat carrier is spotted strapped to a car's roof

A motorist has been called out for driving with a pet carrier tied to the roof of their car on a busy road with a ‘terrified looking’ cat inside.

The Ford Falcon was snapped as it travelled along Lutwyche Road in Windsor in ‘s north and was posted to social media on Monday.

The large cat box was pictured fastened onto the top of the moving car with two yellow straps.

The cat is not visible but the onlooker who took the photo of the ‘appalling’ act claimed the animal was in the box.

‘Yes, that is a cat carrier strapped to the roof racks.Yes, there was a terrified looking cat inside. Yes, there was room inside the car for the cat carrier to go,’ the post read (pictured, the blue sedan carrying the cat box)

‘Yes, that is a cat carrier strapped to the roof racks.Yes, eVdEN EVE NAKLiyAt there was a terrified looking cat inside. Yes, there was room inside the car for the cat carrier to go,’ the person’s post read.

‘Who the hell even does this?? … ‘It’s appalling, how was this the only option??’

Animal lovers took to social media slamming the driver over the act of animal cruelty.

‘Some people should not be allowed to own pets,’ one commenter said.

‘That’s messed up from the owner, and that cat needs to be re homed to a person who will look after it,’ one more said.

‘I can’t imagine what this would do to a poor little kitty,’ said another.

‘There’s no way anyone would do that, eVDEn EVE nakLiyAt surely,’ an online user wrote.

But others said there could be other reasons why the box is on the roof.

‘Maybe it’s a diseased feral cat they’ve caught, to get off their property?’ one asked.

Animal lovers took to social media slamming the driver over the ‘appalling’ act of animal cruelty (stock photo)

‘It appears empty and for all you know it’s a snake,’ another said. If you are you looking for more on eVDeN EVE nakliYaT stop by the webpage.

The person who posted the image online said the RSPCA and police had been contacted over the sighting.

Meanwhile, others compared their stories of trying to get their pet cats into portable carriers for transport.

‘My cat is terrified any time we have to put him in the carrier and travel,’ one wrote.

‘Mine hates the car so much we have to sedate him to go to the vet.The vet is literally at the end of our street. It’s a two minute drive,’ said another.

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aprilie 20, 2023

Kanye West could lose his billionaire status after being dropped by Adidas amid growing

Kanye West could lose his billionaire status after being dropped by Adidas amid growing – as GAP tear down his Yeezy products from their stores. Here is more about evDeN EVE nAKLiyat take a look at our own web-page.

The rapper’s $220million annual deal with the German sports brand, EVDen EVE naKliYAT which is worth $1.5billion in total, evDeN EVE nAkLiyAT has been terminated after evDEN evE nAkliYAT his controversial behaviour.

According to

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aprilie 18, 2023

Mexico border prison break: Cartel leader among 30 inmates on the run

Thirty prisoners, including the leader of a feared cartel’s assassin squad serving a 224-year sentence, are still on the run after a deadly New Year’s Day prison break near the US border.

Security forces continue to search the region surrounding Ciudad Juárez, Chihuahua, for those who escaped in an attack that left 19 people dead.

Los Mexicles leader Ernesto ‘El Neto’ Piñón escaped the Cereso No.3 state prison on Sunday after members of the notorious street gang stormed into the penitentiary located just 16 miles from El Paso, , and helped him escape.

Authorities initially reported that César Vega, the criminal group’s second-in-command, had also escaped before later announcing he is among the seven inmates who were killed.

At least 200 members of the gang have since been moved from the prison. The brazen assault left ten prison guards and two attackers dead.

Security forces stand guard at the Cereso No.3 state prison in Ciudad Juárez, Mexico, on Sunday. An attack launched by the Los Mexicles street gang freed jailed leader Ernesto ‘El Neto’ Piñón and 29 other inmates. Authorities said 19 people were killed

Los Mexicles leader Ernesto ‘El Neto Piñón is missing after he escaped from a prison in Ciudad Juárez, Mexico, on Sunday morning during an armed attack that left 19 people dead.Piñón was sentenced to 224 years in 2010 after he was found guilty of kidnapping and murder charges

Authorities arrested five members of Los Mexicles following a high-speed chase and seized a cache of rifles and ammunition.

The United States Consulate in Ciudad Juárez advised US citizens in the border town to shelter in place after reports of gunfire Monday night.

A Monday afternoon gun battle at a housing complex left seven people dead, including two cops, while security forces hunted down the fleeing inmates.No arrests were reported.

The Cereso No. 3 prison director, Alejandro Téllez, evDEN evE NAkLiyAT was fired and placed under investigation Tuesday, the Chihuahua State Attorney General’s Office said in a statement.

At least 200 Los Mexicles jailed members were loaded onto buses in the early hours Tuesday and transported to Abraham González International Airport, where they boarded two National Guard flights to other federal jails.

Mexico’s Secretary for Security and Citizen Protection, Rosa Rodríguez, had announced Monday that plans were underway to transfer high-risk inmates from the Cereso No.3 state prison to other penitentiaries in the country to prevent further attacks.

César Vega (pictured in September 2015), the Los Mexicles second-in-command, was killed at the Cereso No.3 state prison after gang members launched an attack

Ciudad Juárez authorities arrested five members of the Los Mexicles gang following a high-speed pursuit. All five suspects were arrested on attempted murder, illegal firearm possession and criminal organization association charges

Inmates are rounded up outside the Cereso No.3 state prison in Ciudad Juárez following the New Year’s Day deadly attack that left 19 people dead

The Cereso No. 3 state prison was overpopulated by 123% at the time of the attack, National Commission of Human Rights director, Nestor Armendáriz, told Radio Formula.

The agency’s 2021 National Diagnosis of Penitentiary Supervision found that the prison was severely affected by overcrowding, lack of personnel and that not enough programs were being offered to prevent addiction and voluntary detoxification.

Saskia Niño del Rivera, cofounder of Reinserta, a non-profit that works with reintegrating and readapting convicts into society, called on the Mexican government to shut down the detention facility.

‘That prison has to be closed, it does not have the infrastructure to function, it does not have the elements, enough trained guards,’ Niño de Rivera told El Universal newspaper.

The activist pinned the prison’s unsavory conditions on the reality of the high presence of convicts who are members of the Los Jaliscos, Los Artistas Asesinos, Los Golfos and Los Mexicles street gangs.

‘It is a very complicated prison because of the way in which it has been divided by dormitories, and the complexity of closing them so that the same gangs do not clash internally is extremely complex,’ she said.

Ciudad Juárez police confiscated gear, ammunition and rifles from five Los Mexicles gang members arrested during a high-speed chase

Inmates are rounded up and sat together outside the Cereso No.3 state prison in the northern Mexico border town of Ciudad Juárez moments after security forces regained control of the penitentiary Sunday

Niño del Rivera added that Cereso No. 3 state prison officials were simply overwhelmed because they were dealing ‘with inmates who have levels of crime and crime leadership capacity much higher than what a state has to control.’

The prisoners’ free reign allowed them to set up 10 jail cells that were equipped with electronic goods, such as televisions, and one of them had its own jacuzzi, according to Defense Minister Luis Cresencio.

Investigators searching Piñón’s cell found 10 firearms, 20 kilos of drugs, liquor EVDen eve NaKliYAT and a safe deposit box with $87,000.

Chihuahua State Attorney General Roberto Fierro vowed to restore the prison’s security system within three months while adding that they would seek to prosecute any official or guard involved in the attack that allowed Piñón and the other 29 inmates to escape.

‘Who did see it and who was allowing these actions, those are the ones who are going to bear the punishment because this should not have happened,’ Fierro said.’A series of corruption was discovered inside the prison; it must be said as it is.’

Piñón took the Los Mexicles top leadership spot after Jesús ‘El Lalo’ Soto was transferred out of the Cereso No. 3 state prison in February 2020.

He joined the gang as an 18-year-old in 2007 and was involved in numerous criminal incidents, including kidnappings, in Ciudad Juárez, where the faction acted as the main enforcer for Joaquín ‘El Chapo’ Guzmán’s old Sinaloa Cartel.

Los Mexicles leader Ernesto Piñón is among 30 prisoners who escaped from a jail in Mexico

Guns and bullets are seen in front of the Cereso No.3 state prison that were recovered by the security forces Sunday after the Los Mexicles street gang launched an attack and freed their leader, Ernesto ‘El Neto’ Piñón

Piñón was found guilty of kidnapping and murder in 2010 and sentenced to 224 years in prison.

Authorities say he was also involved in ordering a wave of assaults throughout Ciudad Juárez on August 11 that left 11 people dead, 20 injured and multiple vehicles and business torched.

At the same time, he organized a riot at the prison in an attempt to flee, but security forces were able to regain control.

The citywide assaults were part of a rift reportedly sparked by Los Mexicles’ fallout with the Sinaloa Cartel faction that is overseen by Los Chapitos – El Chapo’s children – as the gang formed new alliance with Los Aztecas, the armed wing of the Juárez Cartel.

Los Mexicles had also joined forces with the Caborca Cartel, the criminal organization founded by infamous jailed drug lord, Rafael Caro Quintero, who is awaiting extradition to the United States, evdEN eVE NAkliyAT where he is accused of the 1986 kidnapping and murder of Drug Enforcement Administration agent Kiki Camarena.

The Caborca Cartel is also at odds with Los Chapitos.

Vega served as Piñón’s main confidant at the prison, where they both shared a cell.

He was deported to Mexico in September 2015, almost four years after he was arrested at an El Paso, Texas, fried chicken restaurant.

Vega was detained December 27, 2011 at Church’s Chicken where he was employed as a cook a year after he fled from Mexican authorities after the ambush of the prison van he was being transported in, according to U.S.Immigration and Customs Enforcement.

He and seven other Los Mexicles gang members abducted Natividad Torres at his Ciudad Juárez home on September 15, 2009.

The kidnappers sought a return of $47,000 in exchange for Torres’ release but ended up settling for just $700, a television and a 2008 Toyota.If you loved this article and you also would like to receive more info concerning evdEN EVE NAkLiyat nicely visit the web-site. Torres was shot four times on September 15 and released the following day.

He died October 21 as a result of the gunshot wound and Vega and four other kidnappers were arrested the next month.

Vega was sentenced to 42 years for kidnapping and murder.

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aprilie 17, 2023

U.S. weekly jobless claims increase, labor market remains tight

Weekly jobless claims increase 13,000 to 196,000

Four-week moving average of claims falls 2,500 to 189,250

Continuing claims rise 38,000 to 1.688 million

By Lucia Mutikani

WASHINGTON, Feb 9 (Reuters) – The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the underlying trend continued to point to a tight labor market.

Initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 for eVDEN EVe nAkliyAT the week ended Feb.If you have any kind of inquiries concerning where and the best ways to make use of evDen eVe nakLiyaT, you can contact us at our webpage. 4, the Labor Department said on Thursday. That was the first increase in claims since the second last week of December. Economists polled by Reuters had forecast 190,000 claims for the latest week.

There was a jump in claims in California as well as notable increases in Ohio and Illinois. Those rises offset decreases in Georgia, New Jersey and Texas.

Economists say most of the companies, especially in the technology industry, overhired during the COVID-19 pandemic.They noted that small businesses continued to seek workers.

There is anecdotal evidence that companies are generally reluctant to lay off workers after experiencing difficulties recruiting during the pandemic.

Workers remain scarce in some industries.There were 1.9 job openings for every unemployed person in December, EvdEN evE nAkliYaT government data showed last week. According to an Institute for Supply Management survey last Friday, Evden eVE nakliYAt some services businesses in January reported they were „unable to hire qualified labor,” saying that „supply is thin.”

U.S.stocks opened higher. The dollar fell against a basket of currencies. U.S. Treasury prices rose.

STRONG JOBS MARKET

Economists speculated that severance packages were delaying the filing of unemployment benefits claims, while the abundance of vacancies made it easier for laid-off workers to find jobs.

Economists also believed that seasonal adjustment factors, the model the government uses to strip out seasonal fluctuations from the data, were keeping claims lower.

The claims report also showed the number of people receiving benefits after an initial week of aid, a proxy for eVDEn EVe naKliYAT hiring, rose 38,000 to 1.688 million during the week ending Jan. 28.

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aprilie 16, 2023

Cops find $3 billion in stolen Bitcoin stashed in a popcorn tin

A man faces up to 20 years in prison after more than $3 billion in stolen was found stashed in a popcorn tin at his home in what authorities call the second largest seizure of cryptocurrency.

James Zhong, 32, pleaded guilty on Friday to stealing the Bitcoin a decade ago from the illegal Silk Road marketplace, which the shut down in 2013.

The U.S. Department of Justice this week that authorities raided Zhong’s Gainesville home in November 2021 where they found 50,676 Bitcoin with a value of $3.36 billion at the time.

The raid resulted in the second-largest seizure of cryptocurrency, following the $3.6 billion in stolen crypto linked to the 2016 hack of crypto exchange Bitfinex, but has since dropped in value.

Bitcoin hit a two-year low of $15,632. Ether, the next largest cryptocurrency, extended losses on Wednesday to hit its lowest since July.

Zhong pleaded guilty to one count of wire fraud, which carries a maximum sentence of 20 years in prison. He is scheduled to be sentenced on February 22, 2023.

James Zhong, 32, of Gainesville, EVDEN Eve naKliyaT Georgia, pleaded guilty to wire fraud for the theft of $3.36 billion in Bitcoin stolen from the Silk Road dark web internet marketplace back in 2012

Authorities found the stolen Bitcoin and cash hidden in a ‘single board computer’ that was stashed inside a popcorn tin and stored in a bathroom closet at Zhong’s home

Lt. Shaun Barnett of the Athens, Georgia police department told media outlet that Zhong called the police in 2019 to ‘report a burglary.’

Zhong was living in Athens, Georgia in 2019 when he called police and reported that he had many assets stolen, EVden EVE naKLiyAT including ‘a lot of bitcoin,’ which was apparently grabbed the attention of the IRS Criminal Investigation (IRS-CI) unit.

The cash was never recovered, nor was a suspect identified, but the burglary and amount of money reported stolen ‘raised a red flag with the IRS,’ Barnett said.

Following an investigation, a search warrant was served and the IRS-CI and Athens police department made an arrest in November of 2021.

Federal officials say the stolen Bitcoin was found when they served the search warrant at Zhong’s Georgia home, solving a decade-long mystery.

The digital tokens were hidden in a ‘single board computer’ that was stashed inside a popcorn tin and stored in a bathroom close of Zhong’s home.

Authorities also seized $662,000 in cash, physical Bitcoin coins, an 80 percent interest in a Memphis-based real estate investment company with substantial holdings, along with 11 1-ounce bars of silver and gold.

‘James Zhong committed wire fraud over a decade ago when he stole approximately 50,000 Bitcoin from Silk Road,’ U.S. attorney Damian Williams said in a statement this week. If you enjoyed this information and you would like to get more information concerning evdeN eVe NakLiYat kindly check out our own page.

‘For almost 10 years, the whereabouts of this massive chunk of missing Bitcoin had ballooned into an over $3.3 billion mystery. Thanks to state-of-the-art cryptocurrency tracing and good old-fashioned police work, law enforcement located and recovered this impressive cache of crime proceeds.’

Prosecutors said Zhong executed a scheme to defraud ‘Silk Road’ dark web marketplace. They said he made nine accounts September 2012 and would then flood the site with withdrawal requests, which tricked the site into giving him multiples of what he had deposited.

After doing this 140 times, he had withdrawn all of the site’s cryptocurrency holdings. He then transferred the Bitcoin into separate accounts to keep it from being detected.

Authorities seized $662,000 in cash, physical Bitcoin, 80 percent interest in a Memphis-based real estate investment company with substantial holdings, and silver and gold-colored bars

Bitcoin, the largest cryptocurrency by market capitalization, hit a two-year low of $15,632. Ether, the next largest cryptocurrency, extended losses Wednesday to hit its lowest since July

Silk Road is an online black market used to distribute illegal drugs and goods to buyers, EVDeN eve NaKliYaT according to the U.S. Attorney.

‘Mr. Zhong executed a sophisticated scheme designed to steal bitcoin from the notorious Silk Road Marketplace,’ Special Agent in Charge Tyler Hatcher said.

‘Once he was successful in his heist, he attempted to hide his spoils through a series of complex transactions which he hoped would be enhanced as he hid behind the mystery of the darknet.’

Beginning in March 2022, Zhong began voluntarily surrendering to the government additional Bitcoin that he had access to and had not dissipated. In total, evDen eve NakliYAT he voluntarily surrendered 1,004 additional Bitcoin.

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aprilie 16, 2023

Italy pushes retail bonds, eyeing inflation and ECB tapering

By Sara Rossi and EvDen EvE NAKliyAt Valentina Consiglio

ROME, Feb 10 (Reuters) – The Italian Treasury is moving quickly this year to issue retail bonds, hoping to plug a gap soon to be left by the European Central Bank and anticipating strong appetite from savers whose deposits are being eroded by inflation.

The economy ministry said on Monday it would issue a new „BTP Italia” inflation-linked bond for retail investors from March 6-9, earlier than the traditional April-May period chosen over the last decade.

It has said it is also considering other instruments dedicated to domestic savers, as part of a strategy to put more of its huge public debt – proportionally the second highest in the euro zone – in Italian hands.

„We want to reduce our dependence on foreign creditors by increasing the number of Italians and Italian residents that hold our public debt,” Prime Minister Giorgia Meloni said on Thursday.

Retail investors held about 9% of Italian public debt at the end of last year, according to Bank of Italy data.

Analysts say Rome is probably also capitalising on favourable market conditions as three similar BTP Italia bonds mature in April, May, and November for a total of nearly 25 billion euros ($26. If you adored this article so you would like to acquire more info pertaining to Evden Eve NaKliyAT nicely visit our web-page. 87 billion).

The yield on Italy’s benchmark 10-year BTP bond stood at around 4.20% on Friday, compared with 4.70% at the end of December.

The Treasury has not issued three BTP Italia retail bonds in a year since the instrument was introduced in 2012 at the height of the euro zone debt crisis.

The importance of retail investors in purchasing BTPs will grow as the ECB withdraws its support.

The central bank last year ended its „quantitative easing” and emergency pandemic bond purchasing programme.It is continuing to reinvest part of the bonds it bought as they mature, while reducing its balance sheet.

INFLATION MENACE

Italian households’ bank deposits are larger than their euro zone peers, according to calculation by the Scope Ratings agency for evden Eve NAkliYaT the third quarter of 2022, based on ECB data.

Italians’ deposits amount to 86% of national output, the data shows, compared with 74% for EvDEn EvE NAKliYAt France and 81% for Germany and Spain.

„Italian households’ liquidity potentially offers the Treasury a growing investor base in the near future,” said Scope analyst Alvise Lennkh-Yunus.

However, these deposits are being rapidly eroded by inflation, and they declined last year for the first time since 2017 by almost 20 billion euros.

While consumer price growth in the 20-nation euro zone eased to 9.5% in January, in Italy it was still running at 10.9%.The ECB targets inflation at 2%.

„Italians’ savings are no longer safe because of the continuous surges in energy prices and inflation in general,” banking union Fabi said in a report this month.

The inflation-adjusted value of bank deposits has fallen far more steeply in Italy than in Spain, according to calculations by Spanish bank BBVA based on Bank of Italy and Bank of Spain data.

A trend that has seen Italian deposit rates lagging far behind lending rates is likely to continue in coming months, Fabi said, increasing the incentive for evdEN EVE NAKliyAt savers to invest in government debt.

„The 0.3% rise in mortgage rates and business loans in the year to September 2022 compares with an increase in deposit rates of just 0.05%,” the union said.($1 = 0.9303 euros)

(Editing by Gavin Jones and Christina Fincher)

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aprilie 7, 2023

Buyers are rushing to resale websites to snatch up

Buyers are rushing to resale websites to snatch up ‘s coveted Yeezy sneakers, hours after Adidas announced they would be dropping the rapper’s clothing line.

According to WANTD, an aggregator eVDeN EVE NakLiyAt of data from secondary market sites, nine out of the top 25 best-selling sneakers on resale sites were Yeezys as of Tuesday morning, a spike from the previous six weeks.

Sneakerheads are scooping up the shoes following the news that their production will halt following over controversy surrounding the 45-year-old rapper’s recent anti-sematic remarks.

Hours after the announcement, the Yeezy Boost 700 model sneaker held the number two spot on eBay’s current list of best-selling sneakers.

Jon Schaefer, eVdeN eve NAkLiYAT a reseller who uses eBay to flip shoes told he predicted the price of Yeezys could jump nearly 50 percent.

By Schaefer’s prediction, the brand could soon cost an average of about $400 per pair.

Sneakerheads are scooping up the shoes following the news that their production will halt following Adidas’ dropping of Kanye’s brand over controversy surrounding the 45-year-old rapper’s recent anti-sematic remarks

Buyers are rushing to resale websites to snatch up Kanye West’s coveted Yeezy sneakers, hours after Adidas announced they would be dropping the rapper’s clothing line

Hours after the announcement, the Yeezy Boost 700 model sneaker held the number two spot on Ebay’s current list of best-selling sneakers

Though the value of Yeezys has dropped in recent years after Adidas ramped up production,

‘The novelty of owning a pair of Yeezys has worn off, thus lowering the resale v

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‘Even if Ye gets completely canceled, the comfort and uniqueness of Yeezy sneakers will never leave,’ said sneaker reseller Stephen Yuhas.

Schaefer said the speed at which Yeezys wear out – and people’s desire to replace them – will further fuel demand now that stock is foreseeably limited.

‘Generally they wear out fast, and when people want a second pair,’ he told Forbes.’They just pay the money to get them.’

Ye has courted controversy in recent months by publicly ending major corporate tie-ups, as well as for a series of outbursts on social media against other celebrities (Kanye West pictured October 21, 2022)

German sporting goods behemoth Adidas has terminated its partnership with Kanye West amid controversial behavior from the American rapper and designer.If you have any sort of questions pertaining to where and how you can make use of evDeN EVe NaKLiYat, eVden EVE naKLiYAT you could call us at our web site. A statement posted in the media section of its website called his comments ‘unacceptable, hateful and dangerous’

German sporting goods behemoth Adidas has ended its partnership with Kanye West amid controversial behavior from the American rapper and designer

<div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-dc458a90-54a7-11ed-ac54-5fd4d143c62c" website could soar in price by 50% to around $400 on resale sites

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