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Lily Chang

3006 Posts
Job openings rise in October as hiring slows, signaling a cooling labor market

Job openings rise in October as hiring slows, signaling a cooling labor market

The U.S. job market showed mixed signals in October, as job postings increased while hiring fell, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The report, part of the Job Openings and Labor Turnover Survey (JOLTS), revealed a complex picture of the jobs landscape during a month in which overall job growth hit its lowest point in nearly four years. Employers reported 7.74 million job postings in October, an increase of 372,000 from September and beating estimates by 7.5 million. This increased the job vacancy rate to 4.6%, up from 4.4% the previous month. Despite the…
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Trudeau emphasizes dialogue as Trump revisits trade policies

Trudeau emphasizes dialogue as Trump revisits trade policies

Canadian Prime Minister Justin Trudeau recently traveled to Mar-a-Lago, Florida to meet with US President-elect Donald Trump, aiming to address trade tensions and strengthen bilateral relations. Despite previous friction between the two leaders, Trudeau remains engaged in collaborative discussions, hoping to protect Canadian industries and consumers from potentially disruptive U.S. trade policies. During the meeting, Trudeau sought to address concerns about Trump's proposed 25% tariffs on imports from Canada and Mexico, a move Trump said would curb drug trafficking and unauthorized immigration across the borders of the United States. However, Canadian officials argue that their country's situation differs significantly from…
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Republicans outline ambitious 100-day agenda with Trump’s return to the White House

Republicans outline ambitious 100-day agenda with Trump’s return to the White House

With Donald Trump poised to return to the White House and Republicans securing control of Congress, the GOP is laying the groundwork for a bold 100-day plan to implement its policy priorities. The proposed agenda aims to overhaul taxes, reduce government spending, reverse Biden-era green energy initiatives and push for stricter immigration enforcement. One of the key plans is the reassessment of the expiring $4 trillion fiscal package from Trump's first term, a policy centerpiece that defined his previous administration. The renewed focus on tax reform underscores the party's intent to shape economic policy, even amid growing federal deficits and…
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Stellantis CEO Carlos Tavares steps down amid internal disagreements

Stellantis CEO Carlos Tavares steps down amid internal disagreements

Carlos Tavares, the esteemed CEO of Stellantis, unexpectedly resigned, citing "increasingly different opinions" between him and the automaker's board of directors. The announcement, made Sunday, marks the end of Tavares' tenure with immediate effect, leaving the world's fourth-largest automaker searching for a new leader during a difficult period. In a statement, Stellantis confirmed that the board of directors accepted Tavares' resignation and that the search for a new CEO is already underway. The trial is expected to conclude in the first half of next year. Meanwhile, an interim executive committee will be established under the leadership of President John Elkann…
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