“We’ve really seen tremendous growth in job scams,” Velasquez said. “I think that’s just due to the fact that we fundamentally changed the way we recruit and hire people.”
in the United States came in better than economists expected.It was “a week to remember,” according to economists at Bank of America led by Claudio Irigoyen and Antonio Gabriel. But they also said they’re not expecting a significant drop in volatility, and they’re not changing big-picture forecasts.
“There is still huge uncertainty regarding the impact of tariffs on economic activity and inflation,” they said in a BofA Global Research report.That uncertainty has been hitting U.S. households and businesses, raising worries that they may freeze their spending and long-term plans in response, which would hurt the economy. The latest reading in a survey of U.S. consumers by the University of Michigan showed, though the pace of decline wasn’t as bad as in prior months.
Perhaps more worryingly, expectations for coming inflation keep building, and U.S. consumers are now bracing for 7.3% in the next 12 months, according to the University of Michigan’s preliminary survey results. That’s up from a forecast of 6.5% a month before.When everyone expects inflation to be high, it could kick off a vicious cycle of behavior that only worsens inflation.
To be sure, only some of the University of Michigan’s survey responses for the preliminary May reading came after the United States and China announced their 90-day truce.
On Wall Street, Charter Communications rose 1.8% after it said it agreed to merge with Cox Communications in aThis image released by Lionsgate shows Barry Keoghan as Lee, left, and Abel “The Weeknd” Tesfaye as Abel in a scene from “Hurry Up Tomorrow.” (Andrew Cooper/Lionsgate via AP)
This image released by Lionsgate shows Barry Keoghan as Lee, left, and Abel “The Weeknd” Tesfaye as Abel in a scene from “Hurry Up Tomorrow.” (Andrew Cooper/Lionsgate via AP)TESFAYE: Absolutely. I mean I was juggling a million things at the time, you know, and I was on tour, dealing with personal stuff as well. But that’s happened before. I was able to still rely on my super power. You know, I can go on stage and it’s this cathartic experience with the fans. I can shut my world off for an hour and a half, two hours and just lose myself in my performance. And when it got to a point where the lines were blurring, it was affecting my stage performance — people spend a lot of money to come to these shows. They save up for a year, and it got a point where, oh my God, I can’t give them what they want, my voice is failing me. And I knew at that moment, I needed to sit down and figure out what was going on up there. Because it wasn’t a physical injury.
TESFAYE: That kind of helped it.TESFAYE: It’s not even that. I mean, I’ve always been Abel. The Weeknd’s always been a performance. I’m gonna be super hyperbolic here a little bit, but it felt like I had nothing else to say. That’s what it kind of felt like to me. I was on stage and it’s like I’ve said everything I can say as this person, and now it’s time for me to take that next step. And this film was kind of like that guiding light for me.