Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs

Cityscape of Saudi capital Riyadh.Harri Jarvelainen Photography | Moment | Getty ImagesDUBAI, United Arab Emirates — Saudi Arabia announced a 30-year tax exemption package for foreign companies establishing their regional headquarters in the kingdom, the latest move in its aggressive campaign to attract international investment and headcount."The Ministry of...

Read more...

Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021

Workers at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023. Eric Thayer | Bloomberg | Getty ImagesJob openings tumbled in October to their lowest in 2½ years, a sign that the historically tight labor market could be loosening.Employment openings totaled 8.73 million...

Read more...

PCE inflation report October 2023:

A person shops in a grocery store as prices are displayed on October 12, 2023 in Los Angeles, California. Mario Tama | Getty ImagesInflation as measured by personal spending increased in line with expectations in October, possibly giving the Federal Reserve more incentive to hold rates steady and perhaps start...

Read more...