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…
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…
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…
Weak Jobs Growth Leads to Millions of US Workers Left Out
The “low-hire, low-fire” US labor market is leaving millions on the outside looking in. It’s not just recent…
US economy expanded at surprising 3.8% pace in second quarter — what’s fuelling the growth spurt?
Increased consumer spending in the US has uplifted its economy as it expanded at a surprising 3.8% from…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too slack, emphasizing that the…
Sharp drop in foreign-born workers raises concerns over US economic growth | World News
Sharp drop in foreign-born workers raises concerns over US economic growth (Pic credit: AP) The US economy is…