Interest Rate Hike, Jobs Report, & Upcoming Earnings
This week, the Fed, as expected, raised interest rates by 50 BPS, and is likely to do so again in the future. However, a 75 BPS rate …
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Enhanced Unemployment Ending Won’t Solve the Staffing Crisis
Photo: Jeenah Moon/Bloomberg via Getty Images Over Labor Day weekend, the federal government ended its so-called enhanced-unemployment-benefits program, reaching the dreaded “benefits cliff.” The benefits, unusually generous by the standards of this country, staved off evictions and allowed many people to hold off on returning to jobs they may have felt were unsafe or were…