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Private-Sector Job Openings Remain High Despite Falling in October

CFO News Room

The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy decreased to 10.334 million in October, down from 10.687 million in September. Robert Hughes joined AIER in 2013 following more than 25 years in economic and financial markets research on Wall Street.

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CEOs optimistic about economic recovery, not very concerned about climate change

Future CFO

While CEOs are optimistic about economic recovery, they might not be very concerned about climate change. One year after COVID-19 was declared a pandemic, 76% of global business leaders predicting that economic growth will improve in 2021, said PwC recently. Rising digitisation is increasing the risks posed by cyber threats.

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Today In Payments: Default Fears Mount As China’s Banks Encourage Loans; Goldman, Morgan Stanley Predict Economic Devastation

PYMNTS

In today’s top news, state-owned financial institutions in China are offering incentives to boost consumer lending, and economists at Goldman Sachs and Morgan Stanley predict the coronavirus will be economically devastating. Beijing is looking at personal lending as a way out of the economic crisis brought on by the coronavirus.

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Sizzle Fizzle: Virus May Weaken China’s Economic Growth

PYMNTS

There have also been transportation curbs imposed on cities that are home to an estimated 40 million people. McDonald’s has halted operations in a number of cities amid the outbreak. Wuhan itself is a central point of transport and industrial production for the country, and the flow of commerce will be affected.

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Choosing to Remain in the Global Market Economy

CFO News Room

Of course, the resulting material standard of living of economically isolated individuals would be desperately low compared to the standard of living available even to the poorest of those who participate in the modern commercial economy. Boudreaux is a senior fellow with American Institute for Economic Research and with the F.A.

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Connecting The Dots: Consumer Confidence, Inventories Tell Separate Economic Tales 

PYMNTS

In the latest numbers, August came in at 135.1, while the July number was 135.8. While other parts of the economy may show some weakening, consumers have remained confident and willing to spend,” said Lynn Franco, the Conference Board’s senior director of economic indicators, according to CNBC. From where might the drag stem?

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Not Enough Pizza | AIER

CFO News Room

The good news is that we’ll need a lot less costly packaging, manufacturing, supply chain, and transport expenditures. The bad news is that folks who once manufactured, made packaging, or distributed and transported products are going to have to find something else to do. Virality is not restricted to any one type of content.