Swiss National Bank Urges Measures to Prevent Future Banking Crises

The Swiss National Bank (SNB) has emphasized the importance of drawing lessons from the Credit Suisse crisis that led to the bank’s downfall and subsequent rescue by UBS. In its

Florida Strengthens Business Database Security with ‘Sunbiz Bill’ Signing

Florida Governor Ron DeSantis has signed State Rep. Fiona McFarland’s bill into law, aiming to combat fraud on the state’s business database, The bill grants the Department of State

Class of 2023 graduating into ‘tight, uncertain’ job market

Economists say the United States is not in a recession, but many companies seem to be bracing for one.  With numerous companies announcing massive layoffs and others on hiring freezes,

US job growth beats expectations in April as economy adds 253,000 new positions

U.S. job growth continued to chug along at a healthy clip in April, as the labor market remained surprisingly resilient even in the face of rising interest rates, declining economic

BMW issues ‘do not drive’ warning for older models with recalled airbags that may explode

BMW has issued a “do not drive” warning to the owners of about 90,000 older models in the U.S. because of defective airbags that might explode in a crash. The

April jobs breakdown: Which industries hired the most workers last month?

U.S. job growth came in stronger than expected in April, boosted by a flurry of hiring across different sectors of the economy.  Employers added 253,000 jobs in April, the Labor

Job openings dropped more than expected in March to lowest level in 2 years

U.S. job openings tumbled in March to the lowest level in two years, the latest evidence that the Federal Reserve’s aggressive interest-rate hike campaign is finally starting to cool the

Demand for AI skills on freelance services website Fiverr skyrockets

Amid the rapid rise of artificial intelligence technology, search queries on Fiverr, a freelance gig hub, have “skyrocketed,” according to the website.  Fiverr’s Spring 2023 Business Trends Index shows that

First Republic collapse adds to credit crunch woes for Americans

The implosion of a third U.S. bank this week threatens to worsen a credit crunch for American households and businesses, further taking a toll on economic growth that is already

Startups in the U.S. boom

The Commerce Department kicked off SelectUSA today for the annual event that brings investors, startups, and local leaders together as startups in America hit an all-time high. Secretary Gina Raimondo opened