Latin America unemployment near decade low in 2023, may reverse next year, UN labor agency says

Unemployment in Latin America and the Caribbean fell in 2023 to its lowest level since 2014, the International Labor Organization (ILO) said on Tuesday, but an expected economic slowdown in 2024 could reverse recent post-pandemic gains. Unemployment in Latin America and the Caribbean fell in 2023 to its lowest level since 2014, the International Labor…

Read More

The US hasn’t killed its ‘inflation demon’ as government spending still runs wild, says Morgan Stanley investing VP

By The US government is spending around $5.2 billion each day, according to one Bank of America estimate.AP Photo/J. Scott ApplewhiteThe US hasn’t killed all of the inflationary pressures in the economy, Morgan Stanley’s Jim Lacamp said.The bank’s investing senior VP pointed to the government’s rapid pace of spending.The downtrend in the CPI is likely…

Read More

U.S. Bank fined $36 million for freezing unemployment debit cards during COVID-19 pandemic

The nation’s fifth-largest bank made it extremely difficult for benefit recipients to regain access to frozen accounts, the CFPB found. The nation’s fifth-largest bank made it extremely difficult for benefit recipients to regain access to frozen accounts, the CFPB found. See the entire article on Arizona’s unemployment, or, read more Arizona real estate investing news….

Read More

Malaysia’s blueprint to block cyber attacks

Malaysia faces a surge in cyber attacks, prompting the need for a national cybersecurity commission. Malaysia has witnessed a surge in high-profile cyber attacks over the past year. From Malaysian insurance companies grappling with global data theft to AirAsia’s encounter with a ransomware attack affecting millions of passengers, and iPay88, a payment gateway system facing…

Read More