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…
Flip From AI Rally Chase to Bubble Fear Spurs Options Demand
No matter which way the S&P 500 Index goes after a tumultuous month, options volatility looks to be…
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 Consumers See Worse Job Market, Muted Inflation in Fed Survey
Americans’ perceptions of the job market worsened in October while their expectations for inflation edged lower, according to…
US Consumer Sentiment Declines to Near Lowest on Record
US consumer sentiment tumbled to near the lowest on record as the government shutdown weighed on the economic…
Conor Sen on the US Labor Market
Listen to Odd Lots on Apple PodcastsListen to Odd Lots on SpotifySubscribe to the newsletter If the government…
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,…
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 Has Most October Layoffs in Over 20 Years on AI and Cost Cuts
US companies announced the most job cuts for any October in more than two decades as artificial intelligence…
Fed’s Miran Says ADP Jobs Data Slightly Better Than Expected
Federal Reserve Governor Stephen Miran on Wednesday described data that showed employment at US companies increased in October…
Treasuries Slump as Supply Outlook Compounds Anxiety About Fed
Treasuries slid after the US government signaled that larger auction sizes are on the horizon, while signs of…
AI and the Fed: The Bank’s Wait-and-See Approach Can’t Last
Financial markets are obsessed with AI, and the broader public is aware of its looming impact on jobs…