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…
The job market is weak and getting weaker, top economist says, while Trump looks to the future
The lack of monthly data from the Bureau of Labor Statistics hasn’t kept Wall Street completely in the…
Healthcare is the one profession growing right now—and according to OpenAI CEO Sam Altman, it may be the only one immune to AI
There may be some promising news for those pursuing to become doctors and nurses post-graduation: your fields aren’t…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…
Stock market’s fate comes down to the next 14 trading sessions
The next few weeks will give Wall Street a clear reading on whether this latest stock market rally…
More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says
The U.S. economy isn’t in a recession yet, but the number of industries cutting back on headcount is…
Why America’s jobs data may be getting it wrong
Despite last week’s headlines about alarmingly soft job growth, millions of Americans have been starting businesses at unprecedented…
Stunning new data reveals 140% layoff spike in July, with almost half connected to AI and ‘technological updates’
Not only did payrolls grow by just 73,000 in July, below Wall Street estimates, but the revisions also…
Top analyst says the next 5 years could see ‘no growth in workers at all’ and sends a warning about the fate of the U.S. economy
As the U.S. labor market shows clear signs of stalling, one of Wall Street’s leading strategists is sounding…