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America is in a Serious Jobs Slump

1 week 1 day ago
For the first time in more than four years, there are fewer open jobs in the U.S. than there are job seekers. CNN: "This is a turning point for the labor market," Heather Long, chief economist at Navy Federal Credit Union, wrote Wednesday. "It's yet another crack." The number of job openings fell to an estimated 7.18 million at the end of July, according to Bureau of Labor Statistics data released Wednesday. Job openings not only are at their lowest level in 10 months, but they're also below the number of unemployed workers (at 7.2 million) for the first time since April 2021.

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Streameast, World's Largest Illegal Sports Streaming Platform, Shut Down in Sting

1 week 1 day ago
Streameast -- the world's largest illegal sports streaming platform -- has been shut down after a year long investigation, according to a leading United States-based anti-piracy organisation. From a report: The network of 80 unauthorised domains generated 1.6billion combined visits over the past year, providing free access to global sports fixtures, including Europe's top football leagues and competitions, such as the Premier League and Champions League, as well as the NFL, NBA and MLB. The Athletic has been informed by the Alliance for Creativity and Entertainment (ACE) -- a coalition of 50 media and entertainment organisations including Amazon, Apple TV+, Netflix and Paramount -- that an operation alongside Egyptian law enforcement officials took place on Sunday August 24 to disrupt Streameast's dominant position in the illegal streaming market. Traffic to the site reached 136million average monthly visits, with domains primarily originating from the U.S., Canada, the United Kingdom, the Philippines and Germany.

Read more of this story at Slashdot.

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