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…
Gold Steadies as Traders Assess Outlook for US Interest Rates
Gold steadied after the biggest gain in about a week, as traders assessed the outlook for US interest…
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…
US Services Activity Expands at Fastest Pace in Eight Months
US services activity expanded in October at the fastest pace in eight months on a swift upturn in…
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…
Global AI Bubble Burst May Aid Flows Into Indian Stock Market
Before the trading day starts we bring you a digest of the key news and events that are…
Fed’s Cook Says Labor Market Concerns Outweigh Inflation Risk
Federal Reserve Governor Lisa Cook said she sees the risk of further labor-market weakness as greater than the…
Why the US Layoff Wave Is an Early Warning Sign for Job Market – Bloomberg.com
Why the US Layoff Wave Is an Early Warning Sign for Job Market Bloomberg.comWhy Companies Are No Longer Hanging…
A Wave of US Layoffs Flash Early Warning Sign for Job Market – Bloomberg
A Wave of US Layoffs Flash Early Warning Sign for Job Market BloombergWhy Companies Are No Longer Hanging On…
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…
Trump Returned to DC With Government Still Shut and No Deal in Sight
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Every Friday, White…