U.S. job growth revised down by the most since 2009. Why this time is different
There’s a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls —…
Fed minutes point to ‘likely’ rate cut coming in September
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a…
Nonfarm payroll growth revised down by 818,000, Labor Department says
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department…
Fed survey shows lows in employment, worries about finding work and dissatisfaction with pay
In another sign of cracks forming in the U.S. labor market, a New York Federal Reserve survey Monday showed a…
Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor…
U.S., China sign agreement to cooperate on financial stability
BEIJING — The U.S. and China last week signed agreements for cooperating on financial stability, according to a People’s Bank…
Trump, Harris inflation arguments are questionable, Chicago Fed president says
Chicago Federal Reserve President Austan Goolsbee on Sunday warned against misrepresenting the inflationary impacts of corporate price hikes and tariffs,…
Blinken to arrive in Israel as U.S. pushes for Gaza ceasefire
U.S. Secretary of State Antony Blinken is set to arrive in Israel on Sunday as part of Washington’s intensifying diplomatic…
Egg prices are rising once again as bird flu limits supply
Egg prices are climbing, placing the household staple back in the spotlight as consumers stay concerned not only about inflation…
