Job openings rise more than expected in October
Job openings rebounded in October as investors continued to debate how rapidly the US labor market is cooling to end 2024.
Leveraged Loan Market’s $64 Billion Day Smashes Record
(Bloomberg) -- The US leveraged-loan market had a record $64.3 billion of deal launches Monday, nearly doubling the prior high set just two weeks ago, as firms take advantage of a still-friendly environment to borrow. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsMost of the 43 transactions brought were to reprice existing loans. Some of the biggest, topping $4 billion each, were from Dunkin’ Do
XRP token skyrockets 400% after Trump election, market cap exceeds $154 billion
The once underperforming token is rallying on the heels of Trump's election victory.
US College Closures Are Expected to Soar, Fed Research Says
(Bloomberg) -- The number of colleges that close each year is poised to significantly increase as schools contend with a slowdown in prospective students. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThat’s the finding of a new working paper published by the Federal Reserve Bank of Philadelphia, where researchers created predictive models of schools’ financial distress using metrics like enroll
OPEC oil output rises in November as Libya recovers, survey finds
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a Reuters survey found, though members making cuts pledged to the wider OPEC+ alliance kept output broadly steady. The Organization of the Petroleum Exporting Countries pumped 26.51 million barrels per day (bpd) last month, up 180,000 bpd from October, the survey showed on Tuesday, with Libya again posting the largest increase. Libyan output recovered after resolution of a dispute over control of the central bank, allowing full production to resume at oilfields and applying downward pressure on prices.
Maggiano’s Little Italy appoints new marketing head
Mike Wesley brings more than a decade of experience from his tenure at Yum! Brands.
Credo Technology Group Stock Hits All-Time High on Soaring AI Products Demand
Credo Technology Group Holding beat second-quarter profit and sales estimates as the boom in artificial intelligence boosted demand for its connectivity solutions for data centers.
Zscaler Stock Falls on Billings Decline, Weak Outlook
Shares of cybersecurity firm Zscaler fell Tuesday, a day after it reported that billings declined sequentially and issued current-quarter guidance at the low end of estimates.
It's Raining Options and BTC Doesn't Care: Crypto Daybook Americas
Your day-ahead look for Dec. 3, 2024
It's Raining Options and BTC Doesn't Care: Crypto Daybook Americas
Your day-ahead look for Dec. 3, 2024