The trouble with America’s shutdown economy
Imagine, for a moment, America without the Bureau of Labour Statistics (BLS). To some wonks, few scenarios are…
Data Fog Intensifying for Fed as Shutdown Delays US Inflation Numbers
Two monthly jobs reports have fallen victim to the longest US government shutdown and a key inflation snapshot…
US Treasuries Jump as Weak Jobs Data Fuel Rate-Cut Bets
Treasuries rallied after private measures of US economic data pointed to a stumbling jobs market, spurring traders to…
US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
A Wave of US Layoffs Flash Early Warning Sign for Job Market – Bloomberg.com
A Wave of US Layoffs Flash Early Warning Sign for Job Market Bloomberg.comWhy Companies Are No Longer Hanging On…
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have…
World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Fed’s Loss of ADP Labor Statistics Adds to Data Vacuum
The Federal Reserve is no longer receiving data on private-sector employment from an independent provider, adding to policymakers’…
Bullish Dollar Signals Emerge With Delayed CPI Release Looming
The dollar has kicked off the quarter on a firmer note, and there are signs traders are bracing…
What To Expect In Next Week’s Inflation Report
Ronaldo Schemidt / AFP via Getty Images Economists expect that the rescheduled CPI report will show inflation rose…