Frozen jobs data shows recession risks getting ‘uncomfortably high,’ top economist Mark Zandi says
The U.S. job market hasn’t collapsed, but is no longer overheating, snapping back, or even cooling in a…
Fed Beige Book: Employers are leaning on AI, freezing hiring, changing hours to avoid layoffs
If a company wants to reduce its headcount, there are several levers it can pull. It could freeze…
Jobs disaster—or mediocrity—to be revealed with September jobs report finally set to drop Thursday
The Labor Department will release its numbers on September hiring and unemployment next Thursday, a month and a…
Top economist Mohamed El-Erian warns the AI bubble will ‘end in tears’ and credit ‘cockroaches’ abound
Famed economist Mohamed El-Erian delivered a stark warning about the evolving global economy, stating that while the underlying…
The housing market, workers, and the economy are all stuck
The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for…
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…
Trump immigration policies would slash workforce estimate by 15.7 million and slow GDP growth by a third over the next decade, study says
The U.S. immigration crackdown will cause net job losses in the millions and will lower the annual rate…
The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed: Zandi
The Federal Reserve may have more at stake than economic growth as policymakers prepare to meet on rates…
The one-time ‘Oracle of Wall Street’ who called the 2008 crash sounds the alarm for Gen Z and Millennials in the year ahead
The one-time “Oracle of Wall Street” who famously called the 2008 financial crisis is once again sounding the…
Here’s how many jobs have been lost in sectors affected by tariffs since Trump’s trade war started
Since President Donald Trump launched his trade war earlier this year, industries impacted by tariffs have shed tens…
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…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…