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Tech drives Wall Street higher as jobs report calms inflatio


Tech drives Wall Street higher as jobs report calms inflation fears
Reuters | Jun 04, 2021 10:54 PM EDT
A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., (Photo : REUTERS/Brendan McDermid/File Photo)
U.S. stocks climbed on Friday, led by technology shares, after a tepid U.S. monthly jobs report relieved investor concerns the Federal Reserve might rein in monetary stimulus soon.
U.S. employers increased hiring in May and raised wages as they competed for workers. But the nonfarm payrolls increase of 559,000 jobs was below the 650,000 forecast of economists polled by Reuters. ....

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Piston Cebu asks LGUs to give returning PUJ drivers 'leeway'


SunStar
Piston Cebu asks LGUs to give returning PUJ drivers ‘leeway’. (File photo)
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June 05, 2021
THE Pagkakaisa ng mga Samahan ng Tsuper at Operators Nationwide (Piston) Cebu asked local government units (LGUs) to forego unnecessary fees for jeepney drivers who have resumed operating.
The group also welcomed the move of the Cebu City Government to allow traditional public utility jeepneys (TPUJs) to ply their original routes in the city after more than a year of halt.
Greg Perez, Piston Cebu chairman, said LGUs should not make things difficult for jeepney drivers who have been without a livelihood for over a year. ....

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Tourism drivers appeal for vehicle debt relief

PHUKET: Some 30 tourist passenger van drivers gathered at the Thanachart Bank branch on the bypass road today to appeal for relief on outstanding loans on their vehicles to help the drivers avoid seei ....

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