Author: Leslie Stewart

Job seekers participated in the JobNewsUSA.com South Florida Job Fair held at Amerant Bank Arena on June 26, 2024, in Sunrise, Florida.Joe Radle | Getty ImagesRecent figures from the Labor Department reveal that the unemployment rates for black and Hispanic men decreased in September, while rates for other racial demographics showed minimal variation.The rate for black men dropped to 5.1% in September, down from 5.9% the prior month. Similarly, Hispanic men’s unemployment rate fell from 4.8% to 4.1%.Overall, the unemployment rate slightly decreased to 4.1%, a decline of 0.1 percentage points from August.”Although the unemployment rate for black workers is…

According to a report released by the Labor Department, the U.S. economy saw a substantial increase in job creation in September, surpassing expectations and reflecting a slight decline in the unemployment rate.In September, nonfarm payrolls rose by 254,000, significantly more than August’s revised total of 159,000 and exceeding the Dow Jones prediction of 150,000. The unemployment rate dropped by 0.1 percentage points, settling at 4.1%.The newly revised report indicating job growth is expected to ease worries regarding labor market conditions and suggests that the Federal Reserve may adopt a slower approach to interest rate cuts. August figures were adjusted to…

Job seekers at the Albany Job Fair held on Wednesday, October 2, 2024, in Latham, New York, USA.Image credits: Angus Mordaunt | Bloomberg | Getty ImagesThe employment landscape for September is anticipated to closely mirror that of August. Hiring has been steadily decelerating since the year’s outset, wage growth has been sluggish, and the labor market aligns with the expectations of many financial policymakers.According to Dow Jones Consensus, nonfarm payrolls are projected to increase by 150,000, slightly up from the previous month’s 142,000. The unemployment rate is expected to remain unchanged at 4.2%. Wage growth is forecasted at 0.3% month-over-month…

According to payroll company ADP, employment in the private sector grew in September, demonstrating the resilience of the labor market despite indicators of weakness.In September, businesses onboarded 143,000 new positions, surpassing the upwardly adjusted total of 103,000 jobs added in August and exceeding the expected 128,000 jobs predicted by economists at Dow Jones.While job creation was strong, wage growth saw a slight decrease. The rate of wage increase for employees who remained in their positions dropped to 4.7%, while for those who switched jobs, it was at 6.6%, seeing a reduction of 0.7 points from the previous month.Job growth was…

The recent strikes affecting ports on the East Coast and Gulf Coast have the potential to significantly increase prices for a variety of consumer goods like food and automobiles. However, experts predict that unless the strikes persist for an extended period, the overall economic impact will remain limited.Companies involved in manufacturing across numerous sectors—including trucks, toys, and even artificial Christmas trees—are dealing with disruptions as the International Longshoremen’s Association (ILA) has initiated closures at major shipping ports on the East Coast.On a broader scale, the duration of the strikes plays a crucial role in their economic ramifications. While President Biden…

Coinbase is walking a tightrope in negotiations over the Transparency Act, telling the staffs of U.S. senators that it is not satisfied with their latest compromise proposal, but has not publicly opposed it, according to people familiar with the situation.The draft agreement was presented to crypto industry stakeholders on Monday and to banking industry stakeholders on Tuesday. There were mixed reactions from the crypto industry, according to people familiar with Monday’s meeting. While some stakeholders (particularly Coinbase) were unhappy, others were “pleasantly surprised,” one of the people said. No one can carry around a copy of the text and it…

All revolutions eventually become establishments. What began as cryptocurrency’s peer-to-peer challenge to the global financial order is rapidly being absorbed by traditional forces, trading its anti-elite soul for spot ETF legitimacy, institutional custody, and the same banking framework it was built to bypass.This is a familiar arc. Throughout history, every revolution began with a promise to overthrow old power structures and dismantle the status quo. Once in power, priorities shift to stability and preservation, turning ideals into systems. Inevitably, movements reach the edge of rebellion and, to survive, must court what they once eschewed: venture capital, institutional trust, and regulatory…

Iran’s official currency, the rial, collapsed in 2026. Hyperinflation is eating away at savings every day. Sanctions pile up on top of bad decisions and endless geopolitical pressure. Every day, people wake up with less money. As families scramble to buy necessities, everything they have saved disappears. This feels all too familiar. Lebanon has experienced exactly the same crisis since the end of 2019. It was the same kind of bank freeze, the same worthless currency devaluation, the same kind of desperate search for something of value. Then Bitcoin turned out to be a financial safe haven. There are now…

With the passage of the GENIUS Act and the US House of Representatives passage of the CLARITY Act, the US reversed its adversarial approach to the digital asset ecosystem. While the Biden administration has spent the past four years injecting uncertainty into users and innovators of digital assets, other countries have pursued different approaches. This reality became clear when I traveled to Latin America and Europe with bipartisan members of the House Financial Services Committee and the House Agriculture Committee for a series of digital asset oversight meetings.During discussions with both private sector and government policy leaders, I had the…

Am I the only one who feels that codes are growing a sense of cognitive dissonance right now?The crypto industry has always had innovative roots. It was featured in the Bitcoin White Paper in 2008. This is a direct response to the financial crisis that destroys livelihoods while protecting systematically deficit and corrupt banking systems. Bitcoin was not just a technological innovation, it was a political and ideological statement. A signal that builders and thinkers are ready to challenge the status quo with tools, not just words.As someone who has worked at Crypto for years, I should celebrate. Today, decentralized…