updated - June 26, 2019 Wednesday EDT
A press release from the U.S. Department of Labor (DOL) has shown that the number of Americans filing for unemployment benefits is at 263,000 for the week that ended on October 3, 2015. The seasonally adjusted figure came out lower than expected and has nearly approached the 42-year low.
The Environmental Protection Agency (EPA) announced in a video that it is strengthening the standard of air quality for ground level ozone, or smog. The new standard didn’t please anyone, from the businesses who will need to meet the new requirements, to the Environmentalists who are calling for tighter Environmental regulations.
The Primary Mortgage Market Survey of Freddie Mac has shown that mortgage rates have been largely unchanged, according to a press release issued by Freddie Mac. This week’s results shows that mortgage rates have stayed below four percent for 10 consecutive weeks.
Jim Yong Kim, the president of the World Bank, is calling for global leaders to increase the institution’s capital base, according to a report from the Financial Times. Kim argues that the slowdown in emerging markets and the agreed upon developmental goals of the UN are reasons for the bank to need greater resources.
Several Swedish companies are veering away from the 8-hour workday and are shifting into 6-hour workday or a 30-hour workweek, according to a report from Fast Company. The 6-hour workday provides the company’s employees more productivity, more focus and a better morale.
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