Economy

Bad news for the economy is good news for the stock market … as long as it doesn’t get too bad

Friday’s market reaction to the jobs report comes down to a simple premise: bad news is good news, as long…

Here’s where the jobs are for October 2023 — in one chart

The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth…

U.S. payrolls increased by 150,000 in October, less than expected

The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat…

Here’s what to watch in Friday’s big October jobs report

Apologies if you’ve heard this one before, but the jobs market is slowing down. No, really. Aside from the long-standing…

Labor costs show surprise decline in the third quarter

The cost of labor unexpectedly declined in the third quarter, providing at least some relief on the inflation front, the…

Private sector payrolls rose 113,000 in October, less than expected, ADP says

Private sector payroll growth increased modestly in October but missed expectations, in a potential sign that the employment picture could…

Here’s everything to expect from the Fed’s policy announcement Wednesday

The Federal Reserve meeting will most likely conclude Wednesday with the central bank not doing a whole lot of anything…

Treasury to borrow $776 billion in the final three months of the year

The U.S. government’s borrowing needs will decline slightly in the final three months of 2023 from the prior quarter, a…

The escalating Israel-Hamas conflict raises risks of global market contagion, economist says

As the Israel-Hamas war draws into into its fourth week, the risks to the global economy are rising, economist Mohamed…

Achieving the ‘American dream?’ A lot of it depends on where you grow up

Where a child grows up in the U.S. is becoming an increasingly critical component toward determining their future economic status.…