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Jobs Report News: Pay no attention to Friday’s jobs numbers - Marketplace

Thursday morning saw another week’s worth of astronomical layoff numbers in the Labor Department’s report on first-time claims for unemployment benefits. The number is 6.6 million. There may have been 3.5 million of those claims last week.


Source:www.marketplace.org


Posted: 2020-04-02 10:38:30

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IMF Video: Digital Press Conference with Magdalena Andersson and Kristalina Georgieva


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Managing Director Kristalina Georgieva welcomes the new chair of the IMFC, Sweden’s Minister for Finance Magdalena Andersson, the first woman to hold this position, and discusses the priorities for the year ahead.

Published: 18th Jan 2021 02:49:15   By: IMF

IMF Video: Improving Governance and Fighting Corruption for Inclusive Growth in MENA


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How can strong governance of economic institutions curb corruption? What reforms can be undertaken to promote inclusive growth and ensure government spending is reaching those who need it? And what is the role of digitalization in facilitating these efforts? Join our distinguished panel for a timely discussion on these issues and on how fighting corruption can help shape a successful post-pandemic recovery.

Published: 13th Jan 2021 02:21:47   By: IMF

IMF Video: IMF2020年中国经济年检


Related Videos On: IMF2020年中国经济年检


中国推出了有力的防疫措施,迅速开展政策行动缓解危机影响,以此支持经济从危机中持续复苏。中国的经济活动持续回归正常,国内疫情得到控制,预计2020年GDP增速为1.9%,2021年为7.9%。

Published: 8th Jan 2021 04:55:21   By: IMF

IMF Video: China: 2020 Economic Health Check


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#China’s policies to contain the pandemic have mitigated the crisis’ impact and helped the economy rebound. The recovery continues, but consumption is still lagging and a number of risks demand attention. Read our annual review: http://ow.ly/JW3l50D3imt

Published: 8th Jan 2021 03:12:55   By: IMF

IMF Video: Can IT Save Jobs? | Combating the Crisis Together


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Social distancing and lockdowns have cost millions their livelihoods—but in regions where information technology (IT) access, adoption, and education is high—unemployment rates are significantly curbed. IMF economists Nicola Pierri and Yannick Timmer compared the effect of these “IT shields” across states in the US to identify how they work and where they’re bridging or exacerbating inequality. Read the full report here: http://ow.ly/aUbL50COcY3 Watch the full length version of this talk: https://youtu.be/L5Liez3FIm8

Published: 16th Dec 2020 07:13:12   By: IMF

Davos Video: The Rise of Trust Brokers | Sustainable Development Summit 2020


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As more data is collected and exchanged, it has become unmanageable for users who often do not understand what is happening. Has the moment come to enlist trusted third parties – either real or virtual – to navigate our data for us? Get ahead of the issues that will determine the future of data policy and governance. Speakers: Robert Charles Kain, Jen King, Fabrice Tocco The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum #SustainableDevelopment #TrustBrokers

Published: 20th Jan 2021 05:30:05   By: World Economic Forum

Davos Video: Outcomes: Education, Skills and Lifelong Learning | Jobs Reset Summit 2020


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What key ideas, concepts and actions on education, skills and lifelong learning emerged from the third day of the Jobs Reset Summit 2020? Speakers: Henrietta H. Fore, Salil S. Parekh, Aymen bin Tawfeeq Al Moayed, Sebastian Thrun, John Goodwin, Laura D'Andrea Tyson, Saadia Zahidi The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum #JobsResetSummit #Education

Published: 19th Jan 2021 02:30:01   By: World Economic Forum

Davos Video: Global Risks Report 2021 with Marsh McLennan, Zurich Insurance and SK Group | World Economic Forum


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With news of a COVID-19 vaccine and renewed willingness to seek multilateral solutions, the end of 2020 has provided new opportunities to tackle today's most pressing issues. Join prominent experts to dive into the reforms and actions that are needed to overcome the economic, health and societal challenges that the world has faced over the past year. The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum #DavosDialogues #2021

Published: 19th Jan 2021 10:17:13   By: World Economic Forum

Davos Video: Virtual press conference on The #DavosAgenda 2021 | World Economic Forum


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Virtual press conference on The Davos Agenda 2021. At the press conference, the Forum will release programme highlights, key business and private sector participation and key themes. The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum #DavosDialogues #2021

Published: 18th Jan 2021 02:38:54   By: World Economic Forum

Davos Video: Valuing Online Learning for the Workplace | Jobs Reset Summit 2020


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While many employers still depend on traditional degrees as proxies for skills, nearly 42% of companies expect to use low-cost online learning to minimize reskilling and upskilling costs. How can online learning be elevated as a credible and accepted pathway to jobs and employment in the shifting job market? Speakers: Daphne Kis, Teresa Carlson, Gabriel Dalporto, Amy Regan Morehouse, Ravi Kumar S., Kate Bravery The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum #JobsResetSummit #OnlineLearning

Published: 18th Jan 2021 02:00:13   By: World Economic Forum

Economic Video: Procter & Gamble CFO on Q2 earnings beat and raised outlook


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Procter & Gamble on Wednesday raised its outlook after its fiscal second-quarter revenue rose 8%, fueled by higher demand for its cleaning products and shaving and styling products as the pandemic continues to guide consumer behavior. Jon Moeller, vice chairman, CFO and COO of Procter & Gamble, joined "Squawk Box" on Wednesday to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Procter & Gamble on Wednesday raised its outlook for the second consecutive quarter. It also said its second-quarter revenue rose 8%, fueled by higher demand for its cleaning products and shaving and styling products as the pandemic continues to guide consumer behavior. The company, whose brands include Tide, Pampers and Bounty, now expects sales growth of 5% to 6% in fiscal 2021, up from its prior outlook of 3% to 4% growth. It is also forecasting that its adjusted earnings will rise 8% to 10%, up from the previous target of 5% to 8%. Shares of the company fell 1% in early trading Wednesday. Here’s what the company reported for the quarter ended Dec. 31 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.64, adjusted vs. $1.51 expected Revenue: $19.75 billion vs. $19.27 billion expected P&G reported fiscal second-quarter net income of $3.85 billion, or $1.47 per share, up from $3.72 billion, or $1.41 per share, a year earlier. Excluding items, the company earned $1.64 per share, beating the $1.51 per share expected by analysts surveyed by Refinitiv. Net sales rose 8% to $19.75 billion, topping expectations of $19.27 billion. Its organic sales, which strip out the impact of acquisitions, divestitures and foreign currency, also rose 8%. New products helped lift the quarter’s sales. “It’s a combination of products that were planned and a quick response to real, emerging needs,” CFO and COO Jon Moeller said on CNBC’s “Squawk Box.” Its Microban 24-hour disinfecting spray, for example, launched in February just before U.S. consumers began buying up every cleaning product they could find because of the pandemic. P&G’s fabric and home care segment saw organic sales rise 12% in the quarter, the company’s largest increase by business unit. Home care, which includes Comet cleaning products, saw organic sales growth of 30% as more consumers cleaned surfaces and dishes. The health-care segment, which includes Oral B and Vicks products, reported organic sales growth of 9%. Price increases combined with consumer demand for higher-end products boosted sales. But the company said demand for its respiratory products was lower this year because fewer people contracted colds or the flu. The grooming and baby, feminine and family care segments saw organic sales rise 6% in the quarter. Organic sales of P&G’s grooming appliances jumped 20% as consumers look for at-home styling and shaving products. P&G’s beauty segment, which includes Olay and SK-II, reported organic sales growth of 5%. The distribution of vaccines has prompted questions abut whether consumer giants like P&G or Conagra Brands will be able to sustain the same pace of growth once their customers are back to their previous routines. Moeller said on a press call that there will likely be reduced demand for some of its products that experienced significant sales surges, but other products that were weakened by recent trends may bounce back. The company is also predicting the disappearance of “some very strong headwinds,” like supply chain challenges. In fiscal 2021, P&G is forecasting foreign currency headwinds that will cost about $100 million after tax, as well as higher freight costs that will also cost $100 million after tax. The company expects it will buy back as much as $10 billion of its own stock during the fiscal year, up from a prior estimate of $7 billion to $9 billion. » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/ #CNBC #CNBCTV

Published: 20th Jan 2021 12:30:20   By: CNBC Television

Economic Video: City vaccine sites set to close Thursday as supply dries up


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Jacksonville will be forced to close down two city-run COVID-19 vaccine sites at the end of the day Thursday if it doesn’t receive more doses.

Published: 19th Jan 2021 11:18:00   By: News4JAX

Economic Video: Stellantis sign unveiled at Auburn Hills headquarters after FCA-Peugeot merger


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The world's 4th largest automaker now has a name -- Stellantis.

Published: 19th Jan 2021 12:14:11   By: Click On Detroit | Local 4 | WDIV

Economic Video: Morgan Stanley 'Got Lucky' on E*Trade Deal: Analyst Mayo


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Jan.20 -- Mike Mayo, Wells Fargo Securities head of U.S. large-cap bank research, says Morgan Stanley Chief Executive Officer James Gorman "got lucky" with the acquisition of E*Trade as retail investment revenue will "continue to surprise" through the first-quarter. He speaks on "Bloomberg Markets: The Close."

Published: 20th Jan 2021 08:11:40   By: Bloomberg Markets and Finance

Economic Video: 2 Powerball tickets worth $1M sold in Houston area


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Houston-area residents purchased Powerball lottery tickets worth $1M at a Sugar Land Kroger and a Houston convenience store, Texas Lottery officials said.

Published: 17th Jan 2021 02:21:41   By: KPRC 2 Click2Houston

Money Video: We've moved to the main CNN channel


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Looking for CNN Business? We've moved over to the main CNN channel at https://www.youtube.com/cnn. But don't worry, we're still publishing our usual videos there!

Published: 11th Dec 2020 07:18:35   By: CNN Business

Money Video: Spirit Halloween CEO: Pandemic hasn't ruined Halloween


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Spirit Halloween CEO Steven Silverstein explains why amidst the COVID-19 pandemic his company has opened the most pop-up Halloween stores in its history. This interview is from our show "Markets Now". Watch the live digital show every Wednesday 12:45 p.m. to 1 p.m. ET., and get the latest news on the most important investing stories of the day as they happen: https://cnn.it/2ygGXfO #CNN #Business #Halloween CNN Business brings you the latest news about the companies, personalities, and innovations that are driving business forward. Interested in more of CNN Business? Subscribe to our channel: http://bit.ly/3cz80Ta CNN Business on social media Facebook: http://bit.ly/2Ts9w1T Twitter: http://bit.ly/3au548r Instagram: http://bit.ly/2VQPuzF

Published: 29th Oct 2020 02:28:38   By: CNN Business

Money Video: The friendship that built a forest - Sponsored by UBS


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In the village of Yeli, China, two men have formed an unlikely team to improve their community. Sixteen years ago, Jia Haixia lost his eyesight. His best friend, Jia Wenqi, lost his arms as a child. Together, the two have planted 10,000 trees around their village and have become an inseparable duo. Sponsored by UBS: https://bit.ly/34ccqNA

Published: 28th Oct 2020 03:21:24   By: CNN Business

Money Video: This fourth-grader walks to school to get WiFi


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A fourth-grader without internet access at home was caught sitting outside his shuttered school doing homework. CNN spoke to him and his mother. "Angel Endecott says her son Jonathon turns 10 next month and is a very independent child. They live near the school, and Jonathon walked to school and home last year, when school was in session. Angel Endecott, who works in home health, lost both of her jobs at one point because of Covid-19. She's back at work at one of her jobs but wasn't able to afford internet service," writes CNN's David Williams and Christina Zdanowicz. Read more about this story at CNN.com: https://cnn.it/3kB96S5 Produced by Moss Cohen Supervising Producer: Logan Whiteside #CNN #Business #Coronavirus CNN Business brings you the latest news about the companies, personalities, and innovations that are driving business forward. Interested in more of CNN Business? Subscribe to our channel: http://bit.ly/3cz80Ta CNN Business on social media: Facebook: http://bit.ly/2Ts9w1T Twitter: http://bit.ly/3au548r Instagram: http://bit.ly/2VQPuzF

Published: 28th Oct 2020 03:16:00   By: CNN Business

Money Video: This company makes sure you never run out of coffee


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Startup Bottomless uses a connected scale to measure customers' coffee consumption and send automatic refills. Its co-founder explains how the pandemic has affected business. Produced by Janelle Gonzalez #CNN #Business #Coffee CNN Business brings you the latest news about the companies, personalities, and innovations that are driving business forward. Interested in more of CNN Business? Subscribe to our channel: http://bit.ly/3cz80Ta CNN Business on social media: Facebook: http://bit.ly/2Ts9w1T Twitter: http://bit.ly/3au548r Instagram: http://bit.ly/2VQPuzF

Published: 27th Oct 2020 02:35:49   By: CNN Business

Markets Finance Video: Morgan Stanley Fourth-Quarter Trading Beats Estimates


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Jan.20 -- Morgan Stanley posted fourth-quarter net revenue of $13.64 billion that topped the highest analyst estimate, with revenue in equities and in fixed-income, currencies and commodities both exceeding forecasts. Bloomberg’s Sonali Basak examines the results on "Bloomberg Surveillance."

Published: 20th Jan 2021 01:07:44   By: Bloomberg Markets and Finance

Markets Finance Video: Yellen Tells Senate It's Time to 'Act Big' on Stimulus


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Jan.19 -- U.S. Treasury Secretary nominee Janet Yellen says without further action to spur the economy the U.S. risks a more painful recession and longer-term economic scarring. She speaks during her Senate Finance Committee confirmation hearing.

Published: 19th Jan 2021 04:12:37   By: Bloomberg Politics

Markets Finance Video: Yellen: U.S. Needs to Take On China's 'Abusive' Practices


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Jan.19 -- U.S. Treasury Secretary nominee Janet Yellen says the U.S. is prepared to take on China’s "abusive" practices such as dumping products and erecting trade barriers. She speaks during her Senate Finance Committee confirmation hearing.

Published: 19th Jan 2021 04:24:32   By: Bloomberg Politics

Markets Finance Video: Yellen to Have Smooth Relationship With Fed Says Blinder


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Jan.19 -- Alan Blinder, professor of economics & public affairs at Princeton University and former Federal Reserve vice chairman, talks about Janet Yellen's confirmation hearing to be Treasury secretary. He speaks on "Bloomberg Markets."

Published: 19th Jan 2021 10:44:35   By: Bloomberg Politics

Markets Finance Video: Goldman Fourth-Quarter Trading Revenue Tops Estimates


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Jan.19 -- Goldman Sachs Group reported fourth-quarter results that included net income more than doubling to $4.51 billion and the firm’s stock traders delivering a 40% revenue increase. Bloomberg’s Lisa Abramowicz and Sonali Basak have the latest on “Bloomberg Surveillance.”

Published: 19th Jan 2021 01:28:04   By: Bloomberg Markets and Finance



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