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.…
Global bond rout looks ‘tremendously dangerous’ for stocks, hedge fund manager warns
An intensifying bond rout is piling pressure on the global economy and creating a “tremendously dangerous” outlook for equities, the…
Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate
Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday. The…
