Unemployment rate drops to 3.7%, and experts say it’s another ‘soft landing’ signal that will leave the Fed in limbo

Unemployment rate drops to 3.7%, and experts say it’s another ‘soft landing’ signal that will leave the Fed in limbo – Canada Boosts

Predictions of a looming recession have been widespread ever for the reason that Federal Reserve started elevating rates of interest to battle inflation in March 2022, mountaineering borrowing costs for already struggling companies and shoppers nationwide. However the resilience of the U.S. labor market has helped fend off a recession over the previous few years,…

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Iceland in Limbo Despite Threat of Volcanic Eruption Being Lowered

Iceland in Limbo Despite Threat of Volcanic Eruption Being Lowered – Canada Boosts

The probability {that a} volcanic eruption will engulf the fishing city of Grindavik, Iceland, is reducing by the day, officers stated on Friday, whilst they continued to warn that an eruption might nonetheless happen. Grindavik, with greater than 3,000 folks, was evacuated this month after it was decided {that a} nine-mile-long underground river of magma…

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