US companies unexpectedly slash jobs in January as omicron surge batters economy

U.S. companies unexpectedly cut jobs in January for the first time in a year, as a surge in the highly contagious omicron coronavirus variant battered the labor market’s recovery from the pandemic, according to the ADP National Employment Report released Wednesday morning. 

Companies shed 301,000 jobs last month, sharply missing the 207,000-job gain that economists surveyed by Refinitiv had predicted and a major drop from the downwardly revised gain of 776,000 in December. It marked the first time that ADP reported negative growth since December 2020, when companies shed 123,000 jobs before the vaccines were available. 

FED SIGNALS INTEREST RATE HIKE COULD COME ‘SOON’ AS INFLATION RAGES

“The labor market recovery took a step back at the start of 2022 due to the effect of the omicron variant and

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What to Look For From AMZN

Key Takeaways

  • Analysts estimate EPS of $3.78 vs. $14.09 in Q4 FY 2020.
  • Amazon Web Services revenue is expected to rise YOY.
  • Companywide revenue is expected to rise, but at its slowest pace in years.

Amazon.com Inc. (AMZN) is struggling to maintain the rapid profit and revenue growth it enjoyed in FY 2020. In the company’s most recently reported quarter, earnings sank for the first time in six quarters as revenue growth slowed significantly. The initial boost from people shopping online while sheltering at home during the pandemic has begun to wear off. On top of that, the company must increasingly deal with rising wages and labor shortages.

Investors will be looking to see if Amazon can reverse its earnings decline and revive its revenue growth when the company reports earnings on Feb. 3, 2022 for Q4 FY 2021. Analysts expect earnings per share (EPS) to decline for the second

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Social media quizzes may be data collection scams

Better Business Bureau warns that social media quizzes may be data collection scams



SHARING INFORMATION, 8 ON YOUR SIDE CONSUMER INVESTIGATOR BRIAN ROCHE SAYS BE CAREFUL. BRIAN A QUIZ THAT PROVES HOW : WELL YOU KNOW YOUR FRIEND. A PERSONALITY TEST THAT OFFERS MTOATCH YOU WITH A CHARACTER FROM YOUR FAVORITE T.V. SHOW. THESE QUIZZES APPEAR TO BE HARMLESS, BUT THE BETTER BUSINESS BUREAU HAS ISSUED A WARNING ABO WUTHAT IS CALLED DATA MINING. NOW, THE BBB SAYS NOT ALL SOCIAL MEDIA QUIZZES ARE DATA COLLECTION SCAMS. HOWEVER YOU SHOULD BE CAREFUL ABOUT WHAT YOU SHARE OINNLE. THE ANSWERS CAN BE USED TO STEAL YOUR IDENTITY OR ENABLAE SCAMMER TO IMPERSONATE YOU TO YOUR FRIENDS AND FAMILY. SO WHAT CAN YOU DO? BEFORE ANSWERING A QUIZ, FIGURE OUT WHO CREATED IT, IS IT A BRAND YOU TRUST? ADJUST YOUR

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These 10 Business Name Generators Will Help Name Your New Yoga Business

It has been projected that at least one in every seven U.S. adults has practiced yoga in the past 12 months. The percentage of people who participate in the ancient exercise grows each year– for both adults and children. With studies all pointing towards the numerous health benefits, it is no wonder more people are turning to this holistic form of exercise. 

For those that are experts in the field and wish to monetize their skills, now is the perfect chance to become a yoga instructor. Online and in-person classes have proven popular with those looking to sync their mind and body, and the demand for yoga instructors is evident. 

One of the first things that any entrepreneur is required to do is to name their business. Finding the perfect name will require a balance of uniqueness and simplicity while still being true to your industry and brand. This is

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Thousands Urge Biden to Acknowledge Tesla’s EV Leadership

  • Tesla fans are asking President Biden to acknowledge the company’s accomplishments. 
  • They say Biden has snubbed Tesla while praising GM and Ford for their electric-car efforts. 
  • Elon Musk has lashed out at Biden for not mentioning Tesla and excluding the firm from events. 

Frustrated that the Biden administration has “snubbed Tesla” in public comments and at events promoting electric cars, Tesla’s hordes of loyal fans are speaking up. 

A Change.org petition launched on Saturday calling for Biden to acknowledge Tesla’s leadership in electric vehicles racked up more than 38,000 signatures by Tuesday morning. The petition alleges that Biden has unfairly praised Ford and General Motors for their electric accomplishments, while sidelining the Texas-based automaker.

The petitioners say that the White House has ignored Tesla because it is a non-union company, unlike other US automakers. 

“The White House and the Biden Administration have intentionally been trying to

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