Case for more Fed rate cuts could rest on ‘systematic overcount’ of jobs
In the Federal Reserve’s battle between fighting inflation and limiting unemployment, the latter side carried the day Wednesday…
US Jobless Claims Jump by Most Since 2020 After Holiday Drop
(Bloomberg) — Applications for US unemployment benefits rose last week by the most since the onset of the…
Federal Reserve cuts key rate, sees healthier economy next year
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time…
Crypto Prices Swing on Fed’s Powell, Treasury Purchase
Bitcoin BTC$92,189.27 spiked above $94,000 and then quickly retreated as Fed Chair Jerome Powell sounded both dovish and…
The low-hire labor market bites for Gen Z and lower-income Americans, JPMorgan finds
The holiday season is on a budget this year. American households are entering the next festive few weeks…
Grocery prices to remain high despite Trump tariff changes
President Donald Trump announced on Nov. 14 that his administration is rolling back select tariffs on items including…
Stocks Rally As Odds For An Interest Rate Soar
Topline The three major market indexes surged Friday afternoon after New York Federal Reserve President John Williams said…
Exclusive-European officials consider pooling dollars to lessen Fed reliance after Trump shocks
By Elisa Martinuzzi, Balazs Koranyi, Stefania Spezzati, Mathieu Rosemain and Giuseppe Fonte (Reuters) -European financial stability officials are…
VIDEO: Young people looking for work could be the first casualty of AI, says US Fed chair candidate – Australian Broadcasting Corporation
VIDEO: Young people looking for work could be the first casualty of AI, says US Fed chair candidate Australian…
‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
WASHINGTON (AP) — When Carly Kaprive left a job in Kansas City and moved to Chicago a year…
Farage’s deputy calls for fresh debate over Bank of England remit – POLITICO
He argued the BoE had “failed” under Conservative Liz Truss, who was forced out as prime minister after…
US Fed split deepens as officials clash over rate cuts and stubborn inflation
WASHINGTON, Nov 1 — A senior member of the US Federal Reserve on Friday said he voted against…