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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 10, 2023
Page
12
The Labor Department reports 8.7 million openings in October, down from 9.4 million in September, signaling cooling hiring amid higher rates. Layoffs rose modestly, quits declined slightly, with healthcare and social assistance and finance sectors posting the largest drops. Openings remain above 8 million for 32 straight months.
Jamie Dimon Brian Moynihan Jane Fraser and David Solomon testified to the Senate Banking Committee as Wall Street leaders urged lawmakers to oppose new federal rules. They warned added capital requirements could harm profitability amid geopolitical turmoil and rising inflation, echoing past congressional appearances since 2008.
SAG-AFTRA members approve a three year contract with studios ending a four month strike. Despite some dissent, 78 percent voted yes after voting from November 13 to Tuesday night, signaling relief and a path back to normal for Hollywood.
Industry rankings highlight the 15 best large cap stocks. Data from Money fund data provider iMoneyNet Inc. reflects winners and losers across major sectors. Investors note shifting leadership as market conditions change.
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