The FOMC minutes are the international highlight, scheduled to be released next Wednesday, in conjunction with the first in a battery of employment data that will be reported that week, the Job Openings and Labor Turnover Survey (JOLTS). The information in the minutes will bring more clues about the next steps of American policy, while investors are currently pricing in the start of the Fed's interest rate cut in March next year, according to the Federal Reserve's Interest Rate Monitor tool, from Investing.com.
The day after the JOLTs, the US will have more employment data, with the ADP Private Employment Change (ADP Nonfarm Employment Change). On Friday, the main data, the non-agricultural Employment (Payroll) report for December will be released. In November, the US created 199,000 jobs, with an unemployment rate of 3.7%.
European countries release their Consumer Price Indices (CPI) next week, with France and Germany on Thursday, in addition to Italy and the Euro Zone closing the week.
1. **Monthly budget:** Establish a monthly budget to control expenses. 2. **Save automatically:** Set up automatic transfers to your savings account. 3. **Reduce unnecessary expenses:** Review your subscriptions and eliminate those you do not use. 4. **Smart Buy:** Compare prices and look for discounts before you buy. 5. **Plan meals:** Cooking at home and bringing lunches to work can save you a lot of money. 6. **Save energy:** Turn off lights and devices when not in use to reduce your electricity bill. 7. **Buy second-hand:** Consider purchasing used items in good condition. 8. **Use coupons and offers:** Take advantage of coupons and discounts on your regular purchases. 9. **Avoid unnecessary debt:** Pay your credit cards on time to avoid interest. 10. **Long-term planning:** Invest in an emergency fund and retirement plans for the future.
These tips can help you better manage your finances and save money this year.
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Japanese authorities issued tsunami alerts and evacuation announcements Monday after a series of earthquakes shook the west part of the main island.
A 7.6 magnitude earthquake was reported around 4 p.m., the strongest of more than a dozen documented by the Japan Meteorological Agency.
Major tsunami warnings were issued for Ishikawa prefecture, while the rest of the country’s western coast was also issued less severe warnings. The highest-level alert was later lifted, though coastal residents were told to remain away from their homes due to the danger of deadly waves.
“Every minute counts. Please evacuate to a safe area immediately,” said government spokesman Yoshimasa Hayashi.
JAPANESE RESIDENTS CAUTIONED AFTER THOUSANDS OF DEAD SARDINES WASH ASHORE BEACH
State television station NHK warned residents of rising water up to 16.5 feet.
A 10-foot tsunami was predicted to make landfall in Niigata prefecture on the coast of the Sea of Japan.
JAPAN APPROVES MASSIVE MILITARY SPENDING GROWTH, LIFTS BAN ON LETHAL WEAPONS
The earthquakes disrupted train lines, cut off power to multiple areas, and ignited fires in residential buildings necessitating emergency response.
The Japanese Self-Defense Force is contributing to disaster relief in multiple prefectures. No deaths have been confirmed from the natural disasters yet.
Meteorologists say there’s a possibility for further powerful quakes in the next several days.
The New Year’s Day natural disasters raised tsunami concerns across the sea in both North Korea and Russia.
Additionally, South Korea’s meteorological authorities announced heightened caution, urging vigilance on the country’s eastern coast in case of delayed after-effects.
Prime Minister Fumio Kishida told the press that an emergency center has been established to collect and disseminate information on the earthquake and tsunami risk.