100 bucks perhaps in the cards instacart readying its wall street debut pricing at 30, thats the first of five listings this week it is amongst the first of the tech unicorns the last few years to go public thats almost two years, in fact, since weve seen one go public lets begin with the markets and the fed kicking off a twoday policy meeting yields got a little pop here, jim, on canadas cpi, reaccelerating for the second straight month. What a bummer the fed must find itself in were not building enough homes. Lennar said last week a lot of brokerage houses raised numbers. Lennar today almost a de laid reaction we just dont have enough homes. We have this huge millennial bulge, and theres just no doubt about it they will not be deterred by these rates. That doesnt mean they wont be deterred by higher rates these rates, according to Stuart Miller who i think is the dean of the group and executive chairman of lennar arent detouring anybody. You have fewer homes you have the one thing th
Will cover all the commodities. Caroline hyde in paris on a warning by the oecd, and Ryan Chilcote in vienna previewing the opec meeting. We begin in asia where Prime Minister shinzo abe has decided to postpone an increase to the sales tax. Delayed once, it is twice, and i am wondering if we will ever get it. Enda i think it just shows you how nervous the outlook is for japans economy. Japan has the biggest debt burden and they have been trying crying out for the government to do more to tackle debt. Minister day has had to step back again and surrender and say, we need to do more spending and try and get growth going. The economy keeps flirting between contraction and expansion. It is also interesting in terms of what it needs means for the bank of japan. We have already seen the reaction, a big gain in the end today as it takes pressure off Central Banks in the yen today as it takes pressure of signature banks. It shows you that japans economy remains on quite narrow footing. The dol
Almost all Facebook employees will be able to work remotely
According to Facebook CEO Mark Zuckerberg, last year’s experience has shown that work can be done well in any location. In this regard, the head of the company announced the imminent transition of employees to “hybrid” employment of their own choice.
Thus, the company changed its original plans. Back on May 20, Zuckerberg announced that permanent remote work would only be available to some employees, including experienced professionals and older people. Now almost all employees can apply for work from home if they can do their tasks without being present in the office.