In recent years, there has been a significant surge in employment scams targeting job seekers. Criminals are leveraging sophisticated techniques, including artificial intelligence, to trick unsuspecting individuals into providing personal information and money. The Identity Theft Resource Center reported a 118% increase in consumer reports of job scams in 2023 compared to the previous year.
Investors will be closely monitoring Fed Chair Powell’s testimony before the Senate Banking Committee this week. Powell’s comments at the March testimony highlighted the bumpy path back to the Fed’s 2.0% inflation target and the possibility of dialling back on policy this year. However, he stressed the need for confidence in the disinflation process. Markets
The Australian economy is under scrutiny, especially with the recent hotter-than-expected monthly CPI indicator. This has led to speculation about a potential rate hike by the Reserve Bank of Australia (RBA) in September. However, experts remain divided on the matter, with some predicting a rate cut instead. This uncertainty has created a challenging environment for
France’s political landscape has undergone a significant transformation as political parties rushed to form alliances in response to President Emmanuel Macron’s unexpected decision to call a parliamentary election. This move has led to the emergence of three major blocs, each with its own unique positioning and campaign pledges. Marine Le Pen’s eurosceptic National Rally party
Thailand’s automotive landscape is shifting, with electric vehicles (EVs) taking the lead as the future of transportation. Chinese automaker BYD has recognized the potential of this market and is making strategic moves to solidify its position in Thailand. BYD’s decision to acquire a 20% stake in Rever Automotive, its local distributor, showcases its commitment to
The upcoming U.S. presidential election has sparked fluctuations in bond yields as investors brace themselves for potential outcomes. President Joe Biden’s performance in the initial debate against rival Donald Trump caused yields to rise significantly, signaling a shift in market sentiment. The prospect of another term for Trump has led some investors to anticipate higher
When planning a road trip, one of the primary considerations to keep in mind is the capacity of your current vehicle. If you have more passengers than your car can comfortably accommodate, it might be beneficial to explore renting a larger vehicle. Additionally, the specifications of the car, such as whether it is a two-wheel-drive
A recent ruling by a federal judge in Texas has partially blocked a Federal Trade Commission (FTC) rule aimed at banning noncompete agreements commonly used by employers. U.S. District Judge Ada Brown in Dallas found that the FTC overstepped its authority by adopting broad rules prohibiting practices it deems anti-competitive. This decision has significant implications
In Friday’s early European session, the EUR/GBP cross was trading with a mild bearish bias around 0.8475. The main reason for this was the victory of the Labour Party in the parliamentary election, securing 337 seats and gaining a majority in the House of Commons. This outcome has generated optimism among investors, as Keir Starmer’s
The U.S. job market is expected to have experienced slower growth in June, with the unemployment rate holding steady at 4%. While the economy continues to expand, the pace of job creation is likely to have cooled off. This slowdown in job growth may indicate that the Federal Reserve will be able to control inflation
The recent merger of Fetch.ai, Ocean Protocol, and SingularityNET under the FET ticker has caused a stir in the cryptocurrency market. Rather than introducing a new token, these projects have decided to join forces, streamlining operations and enhancing collaborative capabilities. However, the price action of FET has not been immune to the overall downtrend in
Recently, the gold price has experienced positive traction and has climbed back closer to a two-week top. There are several influencing factors contributing to this movement. One of the key factors is the weakening US Dollar, which has been on a downward trend for the fourth consecutive day. This depreciation of the USD is attributed
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