News list for " Labor"
U.S. Secretary of Labor Dremmer: The Bureau of Labor Statistics report will be released when the government resumes work, and other data cannot be released until then.
ZachXBT, a detective on the chain, wrote, "There are still too many unknowns about the identity of the BTC giant whale in the high-exchange warehouse ETH, and I can't come to a conclusion that I am willing to publish. All the posts that have received attention so far are actually exaggerated versions of immature theories. What is known is that Garrett Jin/Exe seems to have started working with a Chinese giant whale. This giant whale had ten-digit funds on the chain that had been dormant until re...
U.S. Labor Secretary: Once the government reopens, September employment data will be released as soon as possible. (Jin Ten)
U.S. Secretary of Labor: William Wiatrowski will serve as acting director of the U.S. Bureau of Labor. (After Trump fired current director Erika McEntarfer for weak non-farm payroll data)
According to CryptoinAmerica, JPMorgan Chase Bank has suspended the re-collaboration process with cryptocurrency exchange Gemini due to differences between the two sides over consumer data access. Previously, Twin Exchange co-founder Tyler Winklevoss pointed out that JPMorgan Chase is trying to hinder the development of fintech and cryptocurrency companies by restricting consumers' access to bank data through third-party apps.
"Today's hack was massive and hit the industry hard," said Hacken, Bybit's partner Web3 auditor, in a Proof of Reserve update. "But Bybit's reserves still exceed its liabilities. As its independent Proof of Reserve (PoR) auditor, we have confirmed that user funds are still fully backed. This means Bybit has sufficient reserves to cover all user assets, solvency remains unchanged, and security and transparency remain top priorities." Then Bybit CEO Ben replied, "Hacken...
Binance Wallet has partnered with Astherus to launch the Yield + BNB Astherus Kernel strategy, on which users can stake BNB and receive an exclusive 19% annualized rate of return. The campaign runs from 00:00 (UTC) on February 20, 2025 to 23:59 (UTC) on March 8, 2025. The total reward pool is $250,000 worth of Astherus Future Tokens.
The number of Americans filing initial jobless claims rose modestly last week, indicating that the labor market remains on solid footing. In recent days, Elon Musk's Department of Government Efficiency has laid off thousands of federal employees. The claims for unemployment benefits for these laid-offs were filed separately under the Federal Employees' Unemployment Compensation (UCFE) program, with a one-week delay in data reporting. The White House wants to cut about 2.30 million federal govern...
According to the Financial Times, Federal Reserve Logan said that if the labor market remains strong, better inflation data does not necessarily mean that the Federal Reserve can cut interest rates. Even with better inflation data, interest rate changes should be treated with caution; inflation data in the next few months will be very important; also need to pay attention to geopolitical and policy changes; are carefully watching the impact of these factors on the economy.
Federal Reserve Logan: If the labor market remains strong, better inflation data doesn't necessarily mean the Federal Reserve can cut interest rates.
