Anonymous ID: 0d1eb5 Feb. 3, 2023, 5:44 a.m. No.18275965   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5988 >>6003

Can a $1 TRILLION platinum coin solve the U.S. debt crisis: The Treasury Secretary has dismissed it as a 'gimmick' - but could it be the only way to get the U.S. out of a $31 trillion hole?

 

https://www.dailymail.co.uk/news/article-11707387/Can-1-TRILLION-platinum-coin-solve-U-S-debt-crisis.html

Anonymous ID: 0d1eb5 Feb. 3, 2023, 5:47 a.m. No.18275974   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5989

Explainer: From 'loathsome' to routine, Fed has a well-rehearsed debt-limit playbook

 

WASHINGTON, Feb 3 (Reuters) - Federal Reserve Chair Jerome Powell was blunt this week when he said the central bank couldn't shield the economy from the damage should the current standoff over the federal debt ceiling trigger a U.S. debt default later this year.

 

https://www.reuters.com/markets/us/loathsome-routine-fed-has-well-rehearsed-debt-limit-playbook-2023-02-03/

Anonymous ID: 0d1eb5 Feb. 3, 2023, 5:50 a.m. No.18275986   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

US added a strong 517,000 jobs in January despite Fed hikes

 

https://abcnews.go.com/Business/wireStory/january-delivered-lower-solid-job-growth-96867949

 

https://data.bls.gov/timeseries/ces0000000001?output_view=net_1mth

Anonymous ID: 0d1eb5 Feb. 3, 2023, 5:54 a.m. No.18276014   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

These industries powered a stunning January jobs gain

 

Leisure and hospitality added 128,000 jobs, the most of any sector, up from the average of 89,000 in 2022, but still remains below pre-pandemic levels by 495,000 jobs. Food services and drinking places led the way, adding 99,000 jobs.

 

Professional and business services added 82,000 jobs, up from last yearโ€™s monthly average of 63,000. Jobs in professional, scientific and technical services added 41,000 jobs despite recently announced layoffs in the tech industry.

 

Last month, Google announced 12,000 layoffs, Microsoft cut 10,000 jobs, and other tech companies such as Amazon, Salesforce and IBM announced thousands of job reductions.

 

Of the more than 100,000 layoffs announced last month โ€” the highest monthly figure since September 2020 โ€” around 40 percent were in the tech industry, according to a report from employment firm Challenger, Gray & Christmas.

 

Fridayโ€™s jobs report also showed that government employment rose by 74,000 jobs. The health care sector added 58,000 jobs. All of those sectors saw job growth beyond their 2022 monthly average.

 

https://thehill.com/policy/finance/3842448-these-industries-powered-a-stunning-january-jobs-gain/