Asian Rally to Stall After Powell Rate Cut Caution: Markets Wrap – Bloomberg.com
Asian Rally to Stall After Powell Rate Cut Caution: Markets Wrap Bloomberg.comFederal Reserve cuts rates to lowest level in…
LACMA Staff Seeks to Unionize, Citing Low Wages and Expanded Workloads
Workers at Los Angeles County Museum of Art (LACMA), the largest art museum in the western United States…
Gen Z workers are experiencing America’s declining wage growth worse than other generations, JPMorgan finds
In a period of their lives when young people are poised to make career leaps and earn more…
Federal Reserve cuts key rate as government shutdown clouds economic outlook
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year…
Dormant Treasuries Volatility Sets Stage for Powell Surprise
Volatility in the world’s largest bond market has collapsed in recent weeks, but Federal Reserve Chair Jerome Powell’s…
US Inflation Traders Dust Off Obscure Alternative to CPI Data
Traders in a $7 trillion market are grappling with the unprecedented scenario of having to price securities tied…
Consumer confidence dips modestly in October with Americans concerned about the future
WASHINGTON (AP) — Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.…
Amazon cuts 14,000 corporate jobs
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence…
NBA Commissioner Adam Silver Faces Gambling Probe, WNBA Contract Strife
It’s week 2 of the new NBA season, but a lot of action is taking place off the…
Podcast: Kyla Scanlon Sees Trouble Brewing in the US Economy
Listen and subscribe to Everybody’s Business on Apple, Spotify, iHeart and the Bloomberg Terminal. How is the US…
Wall Street heads for records following an encouraging update on inflation
NEW YORK (AP) — U.S. stocks are heading for records on Friday after an update on inflation came…
US Initial Jobless Claims Rose Last Week, State Data Suggest
Applications for US unemployment benefits rose last week, according to analyses of unadjusted state-level filings released during the…