Bill Adams
US job openings hit more than 2-1/2-year low as labor market cools
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.
behind the scenes
‘Renaissance: A Film by Beyonce’ tops box office
“Renaissance: A Film by Beyonce” premiered at the top of the U.S. box office during the typically anemic first weekend of December.
ECONOMY
JPMorgan CEO Jamie Dimon: Wall Street Should Prepare For A Recession
JPMorgan CEO Jamie Dimon says Wall Street should be prepared for a recession.
$38 billion
US Thanksgiving weekend sales hit record $38 bln on big discounts – report
Deep discounts during the Thanksgiving weekend enticed U.S. shoppers to splurge about $38 billion online.
30-year fixed-rate mortgage
US new home sales fall more than expected in October
Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.
data
Report: Rent Prices Decreased In October For 2 Months In A Row
Reports show that nationwide rent prices decreased in October, signifying that the rental market is mellowing since the Federal Reserve has carried interest rates at its highest point in years.
AI-related products
Global equities gain as US dollar extends drop
Global equities were higher on Monday in muted trading ahead of the U.S. Thanksgiving holiday later in the week.
Anat Bracha
US jobs data may be miscounting millions of ‘gig’ workers, research suggests
Millions of “gig” workers may get missed every month in the U.S. government’s employment report.
Bureau of Labor Statistics
US weekly jobless claims at three-month high; import prices tumble
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.