With market on edge over jobs, openings crash to lowest point in nearly a year
With Wall Street on edge about Friday’s jobs report for August—the first since July’s shocker, which included a…
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…
More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says
The U.S. economy isn’t in a recession yet, but the number of industries cutting back on headcount is…
Wall Street is divided over whether immigration is behind US hiring slowdown
Wall Street economists disagree on what’s behind a sharp slowdown in US job growth, highlighting a divide that…
Why America’s jobs data may be getting it wrong
Despite last week’s headlines about alarmingly soft job growth, millions of Americans have been starting businesses at unprecedented…
Stunning new data reveals 140% layoff spike in July, with almost half connected to AI and ‘technological updates’
Not only did payrolls grow by just 73,000 in July, below Wall Street estimates, but the revisions also…
Here’s what the doomsayers are getting wrong about the job market, according to a Wall Street veteran
Wall Street’s dreams for a bulletproof economy impervious to President Donald Trump’s trade war may have been shattered,…
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…
Stock market today: Dow futures turn higher amid recession fears
Markets were pointing toward a rebound Sunday evening after startling jobs data delivered a rude awakening to Wall…
Top economist Brad DeLong to recent college grads: Don’t blame AI for job struggles—blame the sputtering economy
As recent college graduates face one of the toughest job markets in years, Berkeley economist and voluble Substacker…
Everyone’s watching Jerome Powell as warnings flash for the U.S. economy
A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates…
Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’
The U.S. labor market looks much weaker than previously thought, and Wall Street now expects the Federal Reserve…