9/22/2023 0 Comments Tribal Wars Resources Hack![]() ![]() Earlier this week Musk reversed course and said he’d go through with acquiring the social media company under the same terms he agreed to in April. If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place. To buy Twitter, Musk has to keep banks, investors on board But September’s job growth was likely too robust to satisfy the central bank’s inflation fighters. The Fed is hoping that a slower pace of hiring would eventually mean less pressure on employers to raise pay and pass those costs on to their customers through price increases - a recipe for high inflation. The unemployment rate fell from 3.7% to 3.5%, matching a half-century low. Hiring fell from 315,000 in August to the weakest monthly gain since April 2021. WASHINGTON (AP) - America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation. ![]() Another month of solid US hiring suggests more big Fed hikes ![]()
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