DIRS.INFO The most relevant business & tech news

☆ 4 Scenarios for Next Phase in Gaza War, With ‘Intense’ Fighting Set to End
▼ + stars: | 2024-06-24 | by ( Patrick Kingsley | ) www.nytimes.com time to read: +1 min

Israel’s prime minister says the war in the Gaza Strip will soon enter a new phase. “The intense stage of the war with Hamas is about to end,” Prime Minister Benjamin Netanyahu said in a television interview on Sunday. “This does not mean that the war is about to end, but the war in its intense phase is about to end.”But whatever relief those comments may bring after more than half a year of horrific bloodshed, Mr. Netanyahu quickly made two things clear: A cease-fire in Gaza is not at hand. And the next fight might be in Lebanon, with the forces of a Hamas ally, Hezbollah. Any diplomatic resolution in Gaza remains uncertain, in part because Mr. Netanyahu’s coalition would likely collapse if Israel stopped fighting in Gaza without having removed Hamas from power.

Persons: Israel’s, Benjamin Netanyahu, Netanyahu, “, Mr, Netanyahu’s, Israel Organizations: ” Locations: Gaza, Lebanon, Israel, Rafah, Gaza’s

☆ Sha’Carri Richardson wins 100m title at U.S. Olympic trials again, will be joined in Paris by training partners
▼ + stars: | 2024-06-22 | by ( Mark Puleo | Marcus Thompson Ii | ) www.nytimes.com time to read: +2 min

There will be no denying Sha’Carri Richardson from getting her Olympic moment at last. AdvertisementThe 100m final capped a dominant performance by Richardson at these Olympic Trials. Melissa Jefferson finished second with a time 10.80 to secure a spot in Paris. Twanisha “Tee Tee” Terry took the third spot in 10.89. Sha’Carri Richardson runs the fastest 100m in the world this year to qualify for the #ParisOlympics!

Persons: Sha’Carri Richardson, Richardson, wasn’t, —, Melissa Jefferson, Twanisha “ Tee Tee ” Terry, ” Richardson, Patrick Smith Organizations: U.S, Hayward, Prefontaine, NBC, Tokyo Games Locations: Paris, Eugene ,

☆ U.S. crude oil on pace for second weekly gain as gasoline demand surges
▼ + stars: | 2024-06-21 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil was on pace Friday for a second weekly gain in a row, as gasoline demand has surged to post-pandemic highs. Oil prices traded flat Friday morning but are ahead more than 3.6% for the week. Gasoline consumption in the U.S. surged to 9.4 million barrels per day, or bpd, last week, the highest level for that time of year since the Covid-19 pandemic ended, according to JPMorgan. "Gasoline demand in the US has been on a steady rise since the Memorial Day weekend and we expect a further advance as record 71 million Americans are expected to travel during the upcoming July 4th holiday," JPMorgan analyst Prateek Kedia told clients in a research note. Here are today's energy prices:Patrick De Haan, head of petroleum analysis at GasBuddy, said prices at the pump could rise after U.S. oil, gasoline, and distillate stocks all fell for the first time in weeks, indicating stronger demand.

Persons: Prateek Kedia, Patrick De Haan Organizations: JPMorgan Locations: U.S

An influential member of Prime Minister Benjamin Netanyahu’s coalition told settlers in the Israeli-occupied West Bank that the government is engaged in a stealthy effort to irreversibly change the way the territory is governed, to cement Israel’s control over it without being accused of formally annexing it. In a taped recording of the speech, the official, Bezalel Smotrich, can be heard suggesting at a private event earlier this month that the goal was to prevent the West Bank from becoming part of a Palestinian state. “I’m telling you, it’s mega-dramatic,” Mr. Smotrich told the settlers. “Such changes change a system’s DNA.”While Mr. Smotrich’s opposition to ceding control over the West Bank is no secret, the Israeli government’s official position is that the West Bank’s status remains open to negotiations between Israeli and Palestinian leaders. Israel’s Supreme Court has ruled that Israel’s rule over the territory amounts to a temporary military occupation overseen by army generals, not a permanent civilian annexation administered by Israeli civil servants.

Persons: Benjamin Netanyahu’s, Bezalel Smotrich, “, Mr, Smotrich Organizations: West Bank Locations: Palestinian

☆ Donald Sutherland death: ‘Hunger Games’ movie actor dies at age 88
▼ + stars: | 2024-06-20 | by ( Brian Lowry | Elizabeth Wagmeister | ) edition.cnn.com time to read: +5 min

CNN —Donald Sutherland, a veteran actor known for roles in “M*A*S*H,” “Klute” and “The Hunger Games,” has died, according to a statement from his agency CAA. “With a heavy heart, I tell you that my father, Donald Sutherland, has passed away,” Kiefer Sutherland, Donald Sutherland’s son, wrote in a post on Instagram Thursday. BeginningsBorn in Saint John, New Brunswick, Sutherland endured several bouts of ill health as a child, including polio. The 6’4” actor met his first wife, Lois Hardwick, in college, and the two married in 1959. He also discussed subtly altering his dialogue, as he put it, to “try to make the lines that I’ve been given fit my mouth.”Jeff Goldblum, Brooke Adams and Donald Sutherland in 1978's "Invasion Of The Body Snatchers."

Persons: CNN — Donald Sutherland, “, ”, Sutherland, Donald Sutherland, ” Kiefer Sutherland, Donald Sutherland’s, J, Paul Getty, Hawkeye Pierce, Jane Fonda, Oscar, Fonda, ” Donald Sutherland, Julie Christie, Nicolas Roeg’s “, Oliver Stone’s “, ” Sutherland, Federico Fellini, “ Fellini’s Casanova, filmgoers, Lois Hardwick, Shirley Douglas, Kiefer, Rachel, Francine Racette, Hugh Grant, ” Jeff Goldblum, Brooke Adams, Max Dugan, John Grisham, Halle Berry, Patrick Wilson, Bass Reeves Organizations: CNN, CAA, “, Soviet, Globes, National Lampoon, Lionsgate, Oliver Stone’s “ JFK, University of Toronto, Hollywood, United, Reuters, Academy of Motion Picture Arts, Sciences, of, Paramount Locations: Miami, Saint John , New Brunswick, London, of Canada

☆ Live Updates: Heat Wave Pummels Eastern U.S. for 4th Day
▼ + stars: | 2024-06-20 | by ( Andy Newman | Robert Chiarito | ) www.nytimes.com time to read: +5 min

Prolonged exposure to or physical exertion in excessive heat can cause heatstroke, according to the Mayo Clinic. Starting Tuesday, cooling centers — indoor, air-conditioned spaces for public use — will be open during the day in New York. At night, because heat can disrupt sleep, 60 to 67 degrees is recommended by the Cleveland Clinic. A technician will typically check for and diagnose issues with the system, clean it and change out the filter. New York Times Cooking has a list of “No-Cook Recipes for a Heat Wave” so you can prep a meal without turning on your stove top.

Persons: you’re, Patrick Junker, Wirecutter, Steer Organizations: Chicago, Mayo Clinic, Cleveland Clinic, American Kennel Club, The New York Times, York Times Locations: New York, Dallas, New York City, Ronda Kaysen

☆ Fruzzetti: Common Man CPI tells a different story about inflation
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFruzzetti: Common Man CPI tells a different story about inflationPatrick Fruzzetti, Managing Director at Rose Advisors at Hightower, discusses the markets and inflation.

Persons: Patrick Fruzzetti, Hightower Organizations: Advisors

☆ Moor Insights' Patrick Moorhead talks mega cap AI trades
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMoor Insights' Patrick Moorhead talks mega cap AI tradesPatrick Moorhead, Moor Insights & Strategy founder, joins 'Closing Bell Overtime' to talk where AI profits are headed in the next few years.

Persons: Patrick Moorhead Organizations: Moor

☆ First tropical storm of the season heads for Texas as extreme heat wave hits the Northeast
▼ + stars: | 2024-06-19 | by ( Patrick Smith | ) www.cnbc.com time to read: +3 min

The United States was buffeted by extreme weather Wednesday, with Texas bracing for the first tropical storm of the hurricane season while the Northeast still faced a major heat wave. Southern Texas braced for a major storm to hit late Wednesday into Thursday, with considerable flash flooding likely, according to forecasters. The weather system, currently named Potential Tropical Cyclone One, is expected to be upgraded and renamed Tropical Storm Alberto by the time it makes landfall on the Gulf Coast of Mexico early Thursday. The National Weather Center office in Houston said at 4:30 a.m. CT (5.:30 a.m. Greg Abbott ordered the state Division of Emergency Management to put the Texas State Emergency Operations Center to a readiness of level 2, meaning it began 24-hour operations.

Persons: Alberto, Greg Abbott, Michelle Grossman, Grossman, Michael Monds Organizations: Tropical, National Weather Center, National Hurricane Center, Ciudad Victoria, Texas Gov, Emergency Management, Emergency, Center, Texans, Texas, M, Service, Texas National Guard, Chinook, NBC Locations: States, Texas, Northeast, Southern Texas, Gulf Coast, Mexico, Luis, Rio, Corpus Christi, Houston, Monterrey, New England, Bangor , Maine, Syracuse , New York

☆ Heat Wave Live Updates: Scorching Temperatures Sweep Across Eastern U.S.
▼ + stars: | 2024-06-19 | by ( Jacey Fortin | ) www.nytimes.com time to read: +5 min

More than just uncomfortable, the heat can be dangerous and at worst deadly, and it’s only becoming more of a threat with climate change causing rising temperatures. Prolonged exposure to or physical exertion in excessive heat can cause heatstroke, according to the Mayo Clinic. Starting Tuesday, cooling centers — indoor, air-conditioned spaces for public use — will be open during the day in New York. At night, because heat can disrupt sleep, 60 to 67 degrees is recommended by the Cleveland Clinic. It depends on the animal, and its size and type, but pets are generally less tolerant of higher temperatures than humans.

☆ EV charging company says Fisker 'abandoned its contract' — so it's yanking promo credits from Fisker customers
▼ + stars: | 2024-06-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Fisker filed for bankruptcy on Monday and Ocean owners are already beginning to feel the pinch. EV charging company ChargePoint notified some Fisker Ocean owners that the company had rescinded their promotional charging credits on Tuesday morning. The company said in an email to owners who had received charging credits through Fisker that Henrik Fisker's company had "abandoned its contract with ChargePoint." The charging credits are just one of many problems Fisker Ocean owners might face in the coming months. Business Insider previously reported that owners were concerned their cars might become unusable if Fisker were to go under.

Persons: Fisker, Henrik Fisker's, ChargePoint, Getty, Patrick T, Fallon Fisker Organizations: Service, EV, ChargePoint, Business

Mayor Eric Adams said in a statement that he would activate the city’s heat emergency plan starting on Tuesday. “The first heat wave of the season is here, and New York City has a plan to beat the heat — but we want all New Yorkers to have a plan as well,” Mr. Adams said. The city’s Heat Vulnerability Index — an effort spearheaded by the health department in conjunction with Columbia University — analyzes the neighborhoods that face the most danger during a heat wave. If everybody’s doing it, you’re multiplying it by millions.”Are heat waves in New York City becoming more common? The only heat wave to hit New York City last year happened in September, said David Stark, a meteorologist with the National Weather Service of New York.

Persons: Eric Adams, “, Mr, Adams, Ashwin Vasan, Anna Watts, Sandee, Columbia University —, Brian Ourien, ” Mr, Ourien, Zach Iscol, Vasan, ”, Con Ed, Brittainy Newman, Patrick McHugh, Con Ed ., McHugh, David Stark, Elijah Hutchinson, Hutchinson Organizations: Fire Department, National Weather Service, The New York Times, “, New York Public Library, Columbia University, Department of Health, Human Services, Bowery, Emergency Management, Workers, Con, New, New York City, Environmental Locations: New York City, New York, New, York, Bronx , Brooklyn, Queens, Mott Haven, Fordham, Jamaica, Hollis, St, Albans, In Brooklyn, Brownsville , East Flatbush, East New York

☆ Retirement Crisis: Boomers Need to Work Longer, No One Will Hire Them
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

In order to avoid economic catastrophe, he argued, people should save more money and work longer. The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. For one, many older people cannot work because of a disability or because they need to care for someone else with a disability. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult." He's asking people who have not yet retired to work longer than their elders did and to save even more money, without changing the systematic barriers to either.

Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego

☆ Plurimi Wealth: Still comfortable with the multiples on the mega-cap names
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlurimi Wealth: Still comfortable with the multiples on the mega-cap namesPatrick Armstrong, CIO of Plurimi Wealth, says you have to own the big cap tech companies as their growth is just incredible even as their multiples are at lofty levels.

Persons: Patrick Armstrong Organizations: Plurimi

☆ NFL faces 'Sunday Ticket' lawsuit: Here's what's at stake for the league
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNFL faces 'Sunday Ticket' lawsuit: Here's what's at stake for the leaguePatrick Rishe, Washington University in St. Louis director of sports business program and Sportsimpacts founder and president, joins 'Squawk Box' to discuss the class-action lawsuit against NFL over its 'Sunday Ticket' package plan, whether the league violated antitrust laws by offering the package to consumers, what's at stake for the NFL, and more.

Persons: Patrick Rishe, Louis, what's Organizations: Washington University, NFL Locations: St

☆ Woman accuses luxury real estate broker Tal Alexander and his brother of raping her while their third brother watched
▼ + stars: | 2024-06-18 | by ( Daniel Geiger | Katie Warren | ) www.businessinsider.com time to read: +4 min

Read previewA woman has accused star real estate broker Tal Alexander and his brother Alon of raping her at a Manhattan apartment in 2012. Earlier this year, two other women filed separate lawsuits accusing Alon and a third brother, Oren Alexander, of rape. Tal and Oren Alexander cofounded the luxury real-estate brokerage Official. An attorney for Tal Alexander did not immediately return an email Tuesday seeking comment on the allegation. They also developed a reputation in the brokerage business for their aggressive approach in courting wealthy clientele and elbowing other brokers out of transactions.

Persons: —, Tal Alexander, Alon, Oren Alexander, Angelica Parker, Tal, Oren, Parker, vaginally, Sean Zanni, Patrick McMullan, Isabelle Kirshner, Kirshner, Michael Willemin, Angelica, Willemin, Douglas Elliman, Rebecca Mandel, Kate Whiteman, Evan Torgan, Mandel, Whiteman, everyone's, they'll, it'll Organizations: Service, Business, Partners, Hamptons Locations: Manhattan, New York, SoHo, NY

☆ Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
▼ + stars: | 2024-06-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA in Manhattan Beach, California. The new filing comes after the Fisker company failed to secure an investment from a big automaker to keep afloat. The automaker, unlike most of its peers, contracted a third-party manufacturer to build the Fisker Ocean crossover. Déjà vuFor Henrik Fisker, a renowned automotive designer credited with designing the BMW Z8 and Aston Martin DB9, it's déjà vu. His first namesake company – Fisker Automotive – filed for bankruptcy protection in 2013, shortly after he left the company.

Persons: Henrik Fisker, Patrick T, Fallon, Fisker, Nikola, Faraday, It's, Henrik Fisker's, Tesla, Sam Abuelsamid, Magna, Abuelsamid, Geeta Gupta, Gupta, Stephanie Valdez Streaty, Aston Martin, – Organizations: Manhattan, Los Angeles Auto, AFP, Getty, Lordstown Motors, Guidehouse, Software, U.S, Canadian, Apple, Adobe, SAP America, Manpower, Systems, CNBC, Cox Automotive, Fisker, Inc, BMW Z8, Aston, Aston Martin DB9, China's Wanxiang Locations: Manhattan Beach , California, EVs, U.S, North America, Europe

☆ The retirement Catch-22
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. Instead of making it easier for Americans to save for retirement and work as long (or as short) as they want, Fink is setting up a catch-22: The economy needs aging Americans to work longer, but many companies simply don't want them. One of Button's studies looked at "bridge jobs , " part-time jobs in administration or retail that many people use to ease into retirement and cushion their finances. The same year, Scripps Medical Clinic in San Diego was ordered to pay $6.9 million for setting a mandatory retirement age for physicians of 70, regardless of the doctors' interest or abilities. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult."

☆ May retail sales rise 0.1%, weaker than expected
▼ + stars: | 2024-06-18 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

A worker assists with check-out at a Costco store in Teterboro, New Jersey, US, on Wednesday, Feb. 28, 2024. Retail spending was weaker than expected in May as consumers continued to wrestle with stubbornly higher levels of inflation. Sales rose just 0.1% on the month, one-tenth of a percentage point below the Dow Jones estimate, according to a Commerce Department report Tuesday that is adjusted for seasonality but not inflation. On a year-over-year basis, sales rose 2.3%. The sales number was worse when excluding autos, with a decline of 0.1% against the estimate for a 0.2% increase.

Persons: Dow Jones, Patrick Harker Organizations: Costco, Commerce Department, Federal Reserve, Fed, Philadelphia Fed Locations: Teterboro , New Jersey, US

☆ Housing inflation will need to come down before the Fed can think about cutting rates, BofA says
▼ + stars: | 2024-06-18 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

With shelter inflation "sticky" at a 5.4% year over level, Gapen said it could be months before "greater confidence" is achieved. "We think the Fed is unlikely to achieve the confidence it needs to begin rate cuts until shelter inflation takes a step lower," he said. Monthly housing inflation readings in the PCE measure have been running at either 0.5% or 0.4% since March 2023. We don't target housing prices, for example," Powell said. Philadelphia Fed President Patrick Harker, a nonvoter on the FOMC this year, on Tuesday singled out the "long-term stubbornness of shelter inflation."

Persons: Michael Gapen, Gapen, Jerome Powell, Powell, Patrick Harker Organizations: Federal Reserve, Bank of America, Commerce, Philadelphia Fed

☆ Bryson DeChambeau: How US golfer reinvented himself – with a little help from YouTube
▼ + stars: | 2024-06-17 | by ( Ben Morse | Patrick Snell | ) edition.cnn.com time to read: +4 min

There was a widely-held perception that the golfer was a highly-strung, uber-competitor, whose desire to win often grated on his rivals. DeChambeau called his bunker effort “possibly my best golf shot of my entire life.”DeChambeau 2:0 is the result of a “lot of personal growth,” according to the golfer. YouTube has really helped me accomplish some of that,” DeChambeau told reporters afterwards. It’s such an awesome, awesome platform for me to show who I truly am.”DeChambeau’s YouTube channel currently has over 700,000 subscribers. “All day,” DeChambeau told CNN’s Patrick Snell when asked whether he felt Jon’s presence with him during Sunday’s action.

Persons: Bryson DeChambeau, Rory McIlroy’s, DeChambeau, ”, I’ve, ” DeChambeau, CNN’s Patrick Snell, “ It’s, LIV, “, ” Andrew Redington, I’m, Jon Organizations: CNN, LIV Golf, PGA, YouTube Locations: Pinehurst, North Carolina, Saudi

☆ Epic heat wave to expand from Midwest to East Coast, bringing warnings to 72 million
▼ + stars: | 2024-06-17 | by ( Dennis Romero | Patrick Smith | ) www.cnbc.com time to read: +3 min

Almost 72 million people across the country were under warnings of extreme heat Monday morning, the National Weather Service said. With Thursday's seasonal solstice taking place amid a weeklong heat wave expected for the East Coast and the Midwest, the summer of 2024 is coming in hot. Extreme heat warnings were in place for Chicago, St. Louis, Indianapolis, Detroit, Cleveland, Cincinnati, Pittsburgh, Philadelphia, Boston, New York City and Albany, New York. The weather service office for Pittsburgh said it "could be the most impactful heat wave of the 21st century." The weather service is also on the lookout for any possible tropical storms developing in the Gulf, it said.

Organizations: National Weather Service, East, Prediction, Midwest, The Nevada Division, Emergency Management, Pittsburgh, Buffalo Public Schools, Dakotas Locations: Phoenix , Arizona, U.S, East Coast, Chicago, St, Louis, Indianapolis, Detroit, Cleveland, Cincinnati, Pittsburgh, Philadelphia, Boston , New York City, Albany , New York, Ohio, East, Phoenix, Buffalo, Minnesota, Gulf, Mexico, Texas, Louisiana

The Israeli military said on Monday that it had paused operations during daylight hours in parts of the southern Gaza Strip, as a new policy announced a day earlier appeared to take hold, along with cautious hopes that it would allow more food and other goods to reach desperate civilians. Aid workers said they hoped that the daily pause in the Israeli offensive would make it less dangerous to deliver vital supplies to areas in central and southern Gaza from Kerem Shalom, a key border crossing between Israel and Gaza, removing one of many obstacles to their beleaguered operations. But aid agencies warned that other restrictions on movement, as well as lawlessness in the territory, would still make it difficult to meet the dire needs of Gazans struggling to survive after eight months of war. With stockpiles in southern Gaza dwindling, “maybe for a couple of weeks they’ll have enough food, but if we cannot have access and sustain that, then that’s going to be a big problem,” said Carl Skau, the deputy director of the World Food Program, an arm of the United Nations that distributes food in Gaza. Food supplies in southern Gaza were “more stabilized a month ago, but we are really concerned now,” said Mr. Skau, who visited Gaza last week.

Persons: ”, Carl Skau, Skau Organizations: Food Program, United Nations Locations: Gaza, Kerem, Israel

☆ Bryson DeChambeau’s secret to US Open success: Floating his golf balls in Epsom salt
▼ + stars: | 2024-06-16 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —The best athletes break all sorts of new ground in pursuit of greatness, looking for that extra tiny percent that can propel them above their rivals. For Bryson DeChambeau that extra kick might be found in the most surprising of places – Epsom salt. After taking control of the US Open with a captivating third-round performance on Saturday, the American elaborated on his habit of salting his golf balls before playing, just another aspect of his analytical approach to the game which has earned him the nickname of “The Scientist.”“I put my golf balls in Epsom salt,” he told reporters. “Essentially we float golf balls in a solution to make sure the golf ball is not out of balance.”His manager, Connor, was in charge of salting the golf balls, DeChambeau explained, to find out “how much out of balance” they were. “There’s always going to be an error, especially when it’s a sphere and there’s dimples on the edges,” he added.

Persons: Bryson, “, ”, Connor, DeChambeau, “ There’s, dimples, ” Bryson DeChambeau, Gregory Shamus, LIV, Rory McIlroy, Matthieu Pavon, Patrick Cantlay Organizations: CNN Locations: Epsom

☆ America’s top central banker says the job market is back to normal. Is that true?
▼ + stars: | 2024-06-16 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Washington CNN —America’s top central banker recently said the job market now looks the way it did before the Covid-19 pandemic drastically upended society. Before the Bell spoke with Julia Pollak, chief economist at jobs site ZipRecruiter, about her views of the job market. Before the Bell: Do you agree with Chair Powell’s view that today’s job market is back to a pre-pandemic normal? Why is the job market slower now? The number of job openings is higher than it was by around 15% or so, but online job postings are actually lower by ZipRecruiter’s count.

Persons: Washington CNN —, “, Jerome Powell, Powell, it’s, Bell, Julia Pollak, they’re, They’re, Olesya Dmitracova, Emmanuel Macron, Read, Patrick Harker, Lisa Cook, Tom Barkin, Susan Collins, Adriana Kugler, Lorie Logan, Alberto Musalem, Goolsbee Organizations: CNN Business, Bell, Washington CNN, Fed, Labor, EU, National, New York Fed, Manufacturing Index, Reserve Bank of Australia, US Commerce Department, Federal Reserve, National Association of Home Builders, Accenture, Kroger, Darden, Bank of England, US Labor Department, Philadelphia Fed, Richmond Fed, Global, National Association of Realtors Locations: Washington, France, Wells Fargo

Search resuls for: "Patrick"

25 mentions found