SDC Financial Times Reporter Digital Reader

 


Comments

Post a Comment

Popular posts from this blog

ADP: Small business drive large 32K private payroll drop in November

Image
ADP: Small business drive large 32K private payroll drop in November Published: Dec. 3, 2025 at 10:23 AM  By Chris Benson, UPI  ADP said Wednesday that small businesses and private companies were hit hardest in November by a slowdown in the U.S. labor market.  The private payroll processor's monthly employment report indicated some 32,000 were shed by private employers. It said job creation had been "flat" during the second half of this year with pay growth on a "downward" trend.   "Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment," said ADP chief economist Nela Richardson. "And while November's slowdown was broad-based, it was led by a pullback among small businesses," Richardson said in a statement.   It marked a sharp decline from October with a revised 47,000 job gain, and arrived under Wall Street estimates of a near 40,000 increase. Bigger businesses with 50 or more ...
Read more

Small Businesses Shed 120,000 Jobs

Image
    ADP Report Shows Sharp November Slowdown as Small Businesses Shed 120,000 Jobs By Chris Benson, UPI Dec. 3, 2025 The U.S. labor market hit an unmistakable soft patch in November, according to new data released Wednesday by ADP, which reported that private-sector employers collectively cut 32,000 jobs — with small businesses bearing the brunt of the decline. The monthly snapshot from the payroll processing giant painted a picture of an economy losing momentum in the final stretch of 2025. ADP noted that hiring has been “flat” since midsummer and wage growth continues to cool as employers confront shakier consumer spending and a macroeconomic outlook clouded by uncertainty. “H iring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment ,” said Nela Richardson, ADP’s chief economist. “ And while November’s slowdown was broad-based, it was led by a pullback among small businesses. ” Small Firms Hit Hardest The overall...
Read more

Carrington Mortgage Services - A Waste of Time and Money

Image
 Carrington Mortgage Services Customer Service Department To Whom It May Concern: This letter serves as a formal complaint regarding inaccurate mortgage payment information provided by your representative and the improper assessment of fees and withholding of funds on my account. During a recorded telephone call to your agent line, your representative informed me, on three (3) separate occasions, that my adjusted monthly mortgage payment was **$647.46**. This amount was clearly repeated and is documented in the call recording. In reality, the correct mortgage payment was **$674.46**, a difference of $27.00. As a direct result of the misinformation provided by your employee, my payment was delayed and a late service charge of **$22.03** was assessed. On March 2, 2026, a payment of **$750.00** to Carrington Mortgage on my behalf. Despite this payment, I have been informed that **$650.00 is currently being held for non-payment**, which is improper given that the discrepancy was caused...
Read more