Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…
Dow, S&P 500, Nasdaq drift as Wall Street braces for revision to jobs data
US stock futures trod water on Tuesday as investors waited for a revision to jobs numbers, seen as…
The US hits a ‘turning point’ with more unemployed workers than job openings for the 1st time since April 2021
The U.S. economy, already plagued by tariff uncertainty and inflation concerns, received a “jolt” of bad news just…
Lackluster US job growth anticipated in August; focus on revisions
By Lucia Mutikani WASHINGTON (Reuters) -Forecasts for tepid U.S. job growth in August and a rise in unemployment…
High-Value Work Grew 31% Among Large Businesses as AI Amplifies Demand for Human Skills
Upwork Inc. Inaugural monthly analysis of the freelance economy provides an early signal of U.S. labor market shifts,…
Tame US Job Growth Expected in Approach to Fed Meeting
Commuters on a SEPTA train platform at 30th Street Station in Philadelphia, Pennsylvania. (Bloomberg) — Employers in the…
The downsides of suspending the monthly jobs report
This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of…
Uneasy Labor Market Could Pose Broader Threat to US Economy
There’s good news and bad news these days when it comes to the American labor market. On the…
July inflation data has economists on edge
Markets ended the week largely unfazed by a hotter wholesale inflation print and signs of firming consumer prices,…
Job Market: AI-Driven ‘Jobless Recovery’ Could Hit These Workers Hard
There’s one group of workers that could be in for a particularly rough time as AI becomes more…
Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies
Bank of America Research economists remain convinced that the Federal Reserve will not cut interest rates in 2025, despite…
Fed officials tilt dovish as US job market softens
By Ann Saphir (Reuters) -Since the Federal Reserve’s decision last month to hold interest rates steady, a shift…