White-Collar Job Bloodbath: Why Hiring Is Down, Layoffs Are up
When Gbenga Ajilore thinks about America’s job market, a few things keep him up at night: The slowing…
Case for more Fed rate cuts could rest on ‘systematic overcount’ of jobs
In the Federal Reserve’s battle between fighting inflation and limiting unemployment, the latter side carried the day Wednesday…
Economist Mohamed El-Erian says next Fed chair should reform central bank
As the Federal Reserve eyes a period of transformation to a new chairman, famed economist Mohamed El-Erian is…
Here’s When And What To Expect From Delayed Economic Reports
Topline National Economic Council Director Kevin Hassett said Thursday the delayed jobs data for last month will be…
Top investment bank looks under the hood of the economy and finds ‘the labor market doesn’t look that good’
A leading investment bank has delivered an arresting diagnosis of the U.S. economy: the labor market, long a…
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…
US Fed split deepens as officials clash over rate cuts and stubborn inflation
WASHINGTON, Nov 1 — A senior member of the US Federal Reserve on Friday said he voted against…
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 has a rate cut plus a bunch of other things on its plate this week
Jerome Powell, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Fall…
Asian equities climb: Investors weigh US-China trade tensions, Fed rate cut expectations; gold rallies
Asian markets edged higher on Thursday as investors weighed escalating tensions in the US-China trade war alongside expectations…
Indian stock market: 10 things that changed for market overnight- Gift Nifty, US-China trade war to gold, silver prices
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday amid…
Trump says inflation is ‘defeated’ and the Fed has cut rates, yet prices remain too high for many
WASHINGTON (AP) — Inflation has risen in three of the last four months and is slightly higher than…