World News: The Daily Money: Are companies hiring? Yes and no.

ALL THE MONEY NEWS YOU NEED TO KNOW

Monday, October 24

Hello Daily Money subscribers, it's Bailey Schulz here to help you start your week.

The state of the economy has everyone – including CEOs – second-guessing just how much they should be spending. Our economics and jobs reporter Paul Davidson took a look at how slowing sales, higher borrowing costs and the growing threat of a recession are affecting hiring decisions.

Turns out: it's a mixed bag.

While some businesses are dialing back hiring or laying off workers to prepare for lean times, others are bringing on even more employees. The number of U.S. job openings remained historically high in August, and initial jobless claims – a key barometer for layoffs – were up from spring but remained at a historically low level in mid-October.

With a number of experts saying recession risks are climbing, we'll have to see how long these hiring trends continue.

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Halloween candy. And lots of it.

Halloween candy spending could reach an all-time high of around $3.1 billion this year, although some sweets are more in-demand than others. Sales data from CandyStore.com found the top candies include Reese's Peanut Butter Cups, Skittles and M&M's.

Candy corn lovers will be happy to know that their favorite made the top 10 list.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

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