The deportation economy is backfiring on American workers, top economist warns
As the Trump administration continues to purge hundreds of thousands of workers from the country, Americans aren’t simply…
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
The specter of higher-than-2% inflation has loomed over the economy since the pandemic. But just as it seemed…
White House official says October jobs and inflation data are likely to never be released
The government is beginning to reopen after President Donald Trump signed a House-passed funding package on Wednesday night,…
Everyone thinks AI is replacing factory workers, but Amazon’s layoffs show it’s coming for middle management first
Just as news outlets shared leaked Amazon documents suggesting the company could replace half a million warehouse jobs…
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…
Goldman economists on the Gen Z hiring nightmare: ‘Jobless growth’ is probably the new normal
The challenging U.S. labor market is entering a new normal, according to Goldman Sachs economists David Mericle and…
Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of
The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, delivering the long-awaited…
Recession warning: just a few industries are driving job growth, Zandi says
Vital signs for the labor market indicate that it’s getting sicker, and the healthcare sector is one of…
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…
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…
Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar
The recent batch of indicators has punctured the notion on Wall Street that the U.S. economy is bulletproof…
Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue
The shocking jobs report on Friday wasn’t the only red flag. Indicators from the past week paint an…