‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund…
The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing
November’s solid jobs report did not assure that the economy will come in for a soft landing, but it did…
Unemployment among Asian workers and Black men rises in November while the overall rate declines
The labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the U.S.…
Here’s where the jobs are for November 2023 — in one chart
The U.S. job market once again surprised to the upside in November, as strong growth in health care and a…
U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%
Job creation showed little signs of a letup in November, as payrolls grew even faster than expected and the unemployment…
China vows to ‘moderately’ strengthen fiscal policy to bolster economic recovery
China’s top decision-making body of the ruling Communist Party on Friday said the country’s fiscal policy “must be moderately strengthened”…
‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims
LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases…
Here’s what the market will be looking for in Friday’s key jobs report
At a time when the economy is supposed to be slowing, Friday’s jobs report is expected to show that employers…
China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says
The Chinese economy still has a “steep hill to climb” despite a surprise pickup in exports and is unlikely to…
Private payrolls increased by 103,000 in November, below expectations, ADP says
Private sector job creation slowed further in November and wages showed their smallest growth in more than two years, payrolls…
