Author: TOPPIKR

Bengaluru: Twitter Inc will re-release Twitter Blue, an improved version of its subscription service, to Apple users on December 12th at a higher price, the company said in a December 10th tweet. According to the company, users will be able to subscribe to the updated service to allow subscribers to edit tweets, upload 1080p videos and get a blue checkmark after verifying their account. It costs $8/month (RM35.20) on the web, but the monthly fee is $11/month. Apple iOS. Twitter didn’t explain why Apple users were being charged more than others on the web, but media outlets said the company…

You may not need to connect your iPhone again. Apple has joined an industry group dedicated to wireless charging, reinforcing existing rumors that the next iPhone will charge without a cord. The Wireless Power Consortium, which consists of about 200 organizations promoting a single wireless charging standard, confirmed to CNNTech that Apple joined the group last week. iPhone rumors swirl months before each new version is announced, with hype about the so-called “iPhone 8” running particularly high. apple (AAPL) will announce a major redesign this fall to mark the smartphone’s 10th anniversary. The company has already expressed interest in eliminating…

The sun rises over the US Capitol dome in Washington DC on September 30, 2021.Chip Somodevilla | Getty Images News | Getty ImagesMain Street could be at a dead end next year when it comes to pushing for corporate-friendly tax policies.For House Republicans, legislative priorities are likely to include tax cuts passed by the Trump administration in 2017 and expansion of business-friendly provisions in the Jobs Act. True even though the victory gave the Democrats a bigger margin in the Senate. Arizona Senator Kirsten Cinema’s decision to leave the Democratic Party and become an independent on Friday further complicates the…

Washington: US Federal Reserve (Fed) poised to slow rate hike next week, economists say. That’s as central banks’ strongest move to combat inflation in decades ripples through the economy. But analysts expect the Fed’s benchmark lending rate to rise by 0.5 percentage points as it struggles to cool US demand to keep consumer costs down. Households in the world’s largest economy have been battling ferocious prices, exacerbated by skyrocketing food and energy costs after Russia’s invasion of Ukraine. To make borrowing more expensive, the Fed has hiked rates six times this year, including four big 0.75-point hikes, from 3.75% to…

Inflation rose broadly in line with estimates in October, a sign that price increases may at least be stabilizing, the Department of Commerce reported Thursday.The Federal Reserve-backed Core Personal Consumption Expenditure Price Index, excluding food and energy, rose 0.2% in a month, up 5% from a year ago. Month-to-month gains were below Dow Jones’ forecast of his 0.3%, but the year-to-year gains were steady.The rise also represents a slowdown from September, when it was up 0.5% month-on-month and 5.2% year-on-year.Including food and energy, headline PCE was up 0.3% on a monthly basis and 6% on an annual basis. Month-to-month increases…

The US job market beat expectations again in November, hiring 263,000 people, mostly in the services sector.Leisure and hospitality top category The U.S. Bureau of Labor Statistics reports that 88,000 jobs have been added. About 62,000 of them were in the food service industry, according to the report.Health care and social assistance was the second largest category last month, adding more than 68,000 jobs. Combining these groups with education in broader categories, as some economists do, raises profits to 82,000.Betsy Stevenson, a professor at the University of Michigan and former chief economist at the U.S. Department of Labor, told CNBC’s…

A hiring sign at a Dunkin restaurant in Hallandale, Florida, September 21, 2021.Joe Ladle | Getty ImagesThe U.S. unemployment rate fell for Hispanic workers and black women in November, but overall unemployment remained flat.The unemployment rate for Hispanic workers fell to 3.9% last month from 4.2% in October, according to the Labor Department on Friday. The unemployment rate for Hispanic men fell from 3.8% to 3.5%, and the unemployment rate for women dropped from his 3.7% to 3.6%. The unemployment rate among Hispanic youth (ages 16-19) improved from 12.3% to 11.2%.Related investment newsBlack unemployment fell from 5.9% to 5.7%. Black…

A “Call for Help” sign appears in a store window in Manhattan, New York City, December 2, 2022. Spencer Pratt | Getty ImagesAs far as employment figures go, November’s was nothing like what the Federal Reserve wanted.Higher-than-expected hiring and wage growth more than double Wall Street’s projections only add to the delicate tightrope walk the Fed will have to navigate.Normally, a strong job market and skyrocketing worker salaries would be seen as high-end issues. But with central banks trying to stem persistent and nasty inflation, this is all too good.Aneta Markowska, chief financial economist at Jefferies, said in a nonfarm…

Employment growth far exceeded expectations in November, despite the Fed’s aggressive efforts to combat a slowing labor market and inflation.Non-farm payrolls increased by 263,000 in the month and the unemployment rate was 3.7%, the Labor Department reported on Friday. Economists surveyed by Dow Jones said he wanted an increase of 200,000 in employment and a 3.7% increase in the unemployment rate.Related investment newsMonthly profits were down slightly from October’s revised upwards of 284,000. The broader unemployment rate, which includes depressed workers and those holding part-time jobs for economic reasons, fell to 6.7%.The numbers are unlikely to slow the Fed, which…

The Kingdom Tower (center) rises above the King Fahd Highway in Riyadh, Saudi Arabia.Simon Dawson | Bloomberg | Bloomberg | Getty Images Saudi Arabia reported its first budget surplus in almost a decade, thanks to higher revenues from rising oil prices.The 2022 surplus will reach 102 billion riyals ($27 billion), accounting for 2.6% of Saudi Arabia’s gross domestic product, the Kingdom’s finance ministry said in preliminary estimates. This year’s total revenue was estimated at 1,023.4 billion rials and expenditure was 1,132 billion rials.The hydrocarbon-rich country’s government has approved a budget of 1,114 billion rials in 2023, and expects a surplus…