11-13-2024, 10:19 AM
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Americas employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates.Last months sizable job gain suggests that the economy is still growing steadily, propelled by consumer spending on travel, entertainment and other areas of the service sector. U.S. airports, for example, reported record traffic over the Memorial Day weekend. A healthy job market typically drives consumer spending, the economys principal fuel. Though some recent signs had raised concerns about economic weakness, Mays jobs report should help assuage those fears.Still, Friday s report from the government included some signs of a potential slowdown. The unemployment rate, for example, stanley botella edged up for a second straight month, to a still-low 4%, from 3.9%, ending a 27-month streak of unemployment below 4%. That streak had matched the longest such run since the late 1960s. stanley cup stanley cup Jobs / Employment Want a high-paying remote job This research says good luck finding it Taylor OBier President Joe Biden is still likely to point to Friday s jobs report as a sign of the economys robust health Neam Community celebrates Mexican independence with a parade and festival Sunday
Loans meant to make car repairs more affordable may not be as good as the deal sounds.Consumer advocacy groups are warning about loans with interest rates as high as 189% at national car repair chains. A group sent letters this week to chains including AAMCO, Precision Tune Auto Care, Big O Tires, Midas, Grease Monkey, Jiffy Lube and Meineke.They are urging shops to stop offering financing through EasyPay Finance, which runs the loans through Transportation Alliance bank.Consumer groups found that high-interest-rate loans were being offered in states that have lower interest rate caps. Banks are, are exempt from state interest rate limits, said Lauren Saunders with the National Consumer Law Center. So predatory lenders sometimes find a rogue bank and launder the loan through the bank a stanley cups uk nd call it a bank loan. A company stanley becher like EasyPay Finance can t charge 189% directly in many states, but they are doing it by claiming that their loans are bank loans and are exempt from state law. stanley cup The loans promised no interest if paid in 90 days but Saunders said a lot of people aren t able to get that. They re dealing with an auto repair that s expensive, Saunders said. They re not thinking about loans. Their hands at a tablet and they re told to click here or there even asked to do it on their phone and try to read the fine print on a little three-inch screen. Always make sure that you really see the whole contract. The National Consumer Law Center advises if you take out one of these loans
Americas employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates.Last months sizable job gain suggests that the economy is still growing steadily, propelled by consumer spending on travel, entertainment and other areas of the service sector. U.S. airports, for example, reported record traffic over the Memorial Day weekend. A healthy job market typically drives consumer spending, the economys principal fuel. Though some recent signs had raised concerns about economic weakness, Mays jobs report should help assuage those fears.Still, Friday s report from the government included some signs of a potential slowdown. The unemployment rate, for example, stanley botella edged up for a second straight month, to a still-low 4%, from 3.9%, ending a 27-month streak of unemployment below 4%. That streak had matched the longest such run since the late 1960s. stanley cup stanley cup Jobs / Employment Want a high-paying remote job This research says good luck finding it Taylor OBier President Joe Biden is still likely to point to Friday s jobs report as a sign of the economys robust health Neam Community celebrates Mexican independence with a parade and festival Sunday
Loans meant to make car repairs more affordable may not be as good as the deal sounds.Consumer advocacy groups are warning about loans with interest rates as high as 189% at national car repair chains. A group sent letters this week to chains including AAMCO, Precision Tune Auto Care, Big O Tires, Midas, Grease Monkey, Jiffy Lube and Meineke.They are urging shops to stop offering financing through EasyPay Finance, which runs the loans through Transportation Alliance bank.Consumer groups found that high-interest-rate loans were being offered in states that have lower interest rate caps. Banks are, are exempt from state interest rate limits, said Lauren Saunders with the National Consumer Law Center. So predatory lenders sometimes find a rogue bank and launder the loan through the bank a stanley cups uk nd call it a bank loan. A company stanley becher like EasyPay Finance can t charge 189% directly in many states, but they are doing it by claiming that their loans are bank loans and are exempt from state law. stanley cup The loans promised no interest if paid in 90 days but Saunders said a lot of people aren t able to get that. They re dealing with an auto repair that s expensive, Saunders said. They re not thinking about loans. Their hands at a tablet and they re told to click here or there even asked to do it on their phone and try to read the fine print on a little three-inch screen. Always make sure that you really see the whole contract. The National Consumer Law Center advises if you take out one of these loans