a divided Fed holds interest rates steady

U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve’s decision to hold interest rates steady and sought insight on future monetary policy decisions. At 3:20 a.m. ET, the 30-year Treasury bond had risen more than 9 basis points to 5.236% after hitting its highest level since July 2007 on…

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Why the U.S. job market has soured

Ozgur Donmaz | Photodisc | Getty Images The U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday suggests it may have hit a long-awaited wall. “We’re finally in the eye of the hurricane,” Daniel Zhao, chief economist at career site Glassdoor, wrote in a note. “After months…

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How deepfake AI job applicants are stealing remote work

Job-seeking impostors, including deepfakes, are exploiting the remote work trend, defrauding U.S. companies and potentially threatening U.S. national security, according to experts. Approximately 17% of hiring managers surveyed said they had encountered candidates using deepfake technology to alter their video interviews, according to career platform Resume Genius. It surveyed 1,000 hiring managers across the United…

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