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Month: January 2026

Job openings slide to 2nd lowest level in 5 years as hiring remains sluggish

Job openings slide to 2nd lowest level in 5 years as hiring remains sluggish

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — U.S. employers posted far fewer jobs in November than the previous month, a sign that employers aren’t yet ramping up hiring even as growth has picked up.

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Businesses and government agencies posted 7.1 million open jobs at the end of November, the Labor Department said Wednesday, down from 7.4 million in October. Layoffs also dropped, however, as companies appear to be holding onto workers even as they are reluctant to add staff.

The report suggests that the “low-hire, low-fire” job market remains in effect, with workers enjoying some job security but those out of work struggling to find new jobs. The moribund labor market stands in contrast with data showing solid economic growth, which topped 4% at an annual rate in last year’s July-September quarter, the latest data available. Economists forecast growth slowed but remained solid in the final three months of 2025. read more

What is a robo-advisor? How it works, how much it costs, and pros and cons

What is a robo-advisor? How it works, how much it costs, and pros and cons

By James Royal, Ph.D., Bankrate.com

Robo-advisors automate the investing process for you, making it simple to invest in a diversified portfolio of assets — and they cost much less than a typical financial advisor. It’s little wonder that many investors have turned to them, and robo-advisors now manage hundreds of billions of dollars.

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What a roboadvisor does

A robo-advisor is a digital platform that uses technology to create a portfolio based on your investing needs.

Generally, you’ll fill out a questionnaire that aims to understand your goals and risk tolerance. Based on your responses, the robo-advisor will recommend a portfolio, though usually you’ll have the option to pick a different portfolio if you like. read more

Wall Street’s hot start to the year cools as stocks drift

Wall Street’s hot start to the year cools as stocks drift

NEW YORK (AP) — Wall Street’s hot start to the year is cooling a bit on Wednesday.

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The S&P 500 was virtually unchanged in early trading, coming off its latest all-time high. The Dow Jones Industrial Average added 18 points, or less than 0.1%, to its own record set the day before, while the Nasdaq composite was 0.1% higher, as of 9:35 a.m. Eastern time.

Moves were relatively quiet across the U.S. stock market, including for Warner Bros. Discovery after it again rejected a buyout bid from Paramount and told its shareholders to stick with a rival offer from Netflix. read more

‘Cold-stunned’ turtles get warm welcome, medical care at SeaWorld

‘Cold-stunned’ turtles get warm welcome, medical care at SeaWorld

SeaWorld Orlando is caring for “cold-stunned” sea turtles rescued from Cape Cod, Massachusetts. The goal is to return the animals to the Atlantic Ocean.

The 14 Kemp’s ridley turtles are part of an endangered species. Their camps begin migrating south in late November and early December, said Mallorie McCormack, senior zoological specialist. The hooked geography of Cape Cod can be a hazard, she said.

“If they are stuck in that area and then the waters get really cold around them, it affects their migration, and then they become cold-stunned,” she said. “They cannot move to swim, they cannot move to eat, and they are stranded on those shores.”

A network of organizations, including a volunteer pilot group, coordinate to get the turtles to Florida.

The juvenile turtles, flown in from the Cape Cod area, are under the care of SeaWorld Orlando specialist for a few months. (SeaWorld Orlando)

“It’s truly such a collaborative event with all interstate connections, and it’s a crazy journey for them,” McCormack said. “I love the rehab of the camps because of that story, their journey.”

After their flight to Orlando, the turtles are given intake exams, radiographs, X-rays and other tests. read more

Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid

Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid

By WYATTE GRANTHAM-PHILIPS and MICHELLE CHAPMAN, Associated Press

NEW YORK (AP) — Warner Bros. again rejected a takeover bid from Paramount and told shareholders Wednesday to stick with a rival offer from Netflix.

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Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures — and urged shareholders just weeks ago to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9 billion hostile offer for the entire company.

Warner Bros. Discovery said Wednesday that its board determined Paramount’s offer is not in the best interests of the company or its shareholders. It again recommended shareholders support the Netflix deal. read more