China Service Sector Recovers In January

China’s service sector expanded for the first time in five months at the start of the year with the rollback of pandemic related restrictions, survey results from S&P Global showed on Friday. The Caixin services Purchasing Managers’ Index climbed to 52.9 in January from 48.0 in December. The reading was also above economists’ forecast of 51.6. The score exceeded the […]

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U.S. Jobless Claims Unexpectedly Show Another Modest Decrease

The Labor Department released a report on Thursday unexpectedly showing another modest decrease by first-time claims for U.S. unemployment benefits in the week ended January 28th. The report said initial jobless claims edged down to 183,000, a decrease of 3,000 from the previous week’s unrevised level of 186,000. The dip surprised economists, who had expected jobless claims to climb to […]

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Florida's workforce is larger than New York's for first time ever

video Why are Americans flocking to Florida? Business owner, police officer weigh in FOX Business’ Ashley Webster reports from Clearwater, Florida, where he’s talking to former blue state residents about why they moved south. Florida's economic boom has pushed the Sunshine State above New York in the number of employed workers for the first time. According to data released this […]

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Better than a Tesla: Changing super one of the best ways to go green

Switching to an ethical super fund is the third most effective thing people can do to fight climate change according to new research, coming in after installing solar panels and switching to a green energy plan. And while solar panels are becoming increasingly popular and many pay careful attention to the green credentials of their energy retailer, comparatively few of […]

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Why school alone can’t fix our financial literacy problem

“This needs to be taught in schools!” If financial literacy had a catchcry, this would be it. Whenever the topic comes up, someone will exasperatedly question why their school didn’t teach them more about taxes. It’s an understandable frustration. Met with an endless barrage of financial products and paperwork, it is natural to wonder why your education didn’t prepare you […]

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The world’s next big inflation surprise is looming in China

China’s reopening is set to provide a welcome boost to global growth, offsetting weakness in Europe and a looming recession in the US. But unlike in 2009, when China’s four-trillion-yuan stimulus helped kickstart a recovery from the Lehman slump, in 2023 there’s a catch — a boost to inflation at exactly the moment the Federal Reserve and other central banks […]

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'Shark Tank' star Kevin O'Leary trashes blue states for punishing success: 'Heyday years' over

video Kevin O’Leary: Under Elizabeth Warren, businesses are ‘punished for success’ Millionaire businessman and television personality Kevin O’Leary, a.k.a. Mr. Wonderful, predicts more bankruptcies after the FTX fallout, and discusses his $45 million investment in North Dakota. Mr. Wonderful has his finger on the pulse of small business innovation – and is claiming that states like New York, Massachusetts and […]

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