2022 was the ‘real year of the Wonderful Resignation,’ suggests economist

Important Points

About 50.5 million persons stop their employment in 2022, besting the prior history set in 2021, in accordance to the federal JOLTS report.
The pandemic-period craze of elevated voluntary departures arrived to be recognized as the Excellent Resignation.
Most folks give up to choose new jobs, not to depart the workforce altogether. Enough occupation prospective customers, increased wages and distant perform helped gasoline the craze.

Supply

Finance

Stocks making the biggest moves premarket: Tesla, Centene, JPMorgan, Cava and more

July 2, 2025

Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle maker jumped about 5% after second-quarter vehicle deliveries came in better than feared. Tesla delievered 384,000 vehicles during the period, a 14% decline from a year ago, but analysts were estimating 387,000 deliveries, according to FactSet. This is its […]

Finance

Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace

July 2, 2025

Key Points Xpeng reported an eighth-straight month of more than 30,000 monthly vehicle deliveries amid a fierce price war in China. Xpeng’s U.S.-listed rivals, which target a more premium segment of China’s car market, saw more modest sales momentum. BYD remained the market giant, with its passenger car sales edging higher in June to 377,628 […]

Finance

Billionaire Ken Griffin’s hedge funds at Citadel are all in the green for 2025

July 1, 2025

Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Billionaire investor Ken Griffin’s hedge funds at Citadel have all posted positive returns during a volatile 2025, led by the tactical trading fund. Citadel’s multistrategy Wellington fund, its largest, gained […]