No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand…
Sahm Rule creator doesn’t think that the Fed needs an emergency rate cut
The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to…
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this…
Trump blames Harris, Biden for stock market meltdown after taking credit for past upswing
Republican presidential nominee Donald Trump on Monday blamed Vice President Kamala Harris for the stock market’s dramatic plunge, months after…
Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’
Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in…
‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks
Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head…
Here’s where the jobs are for July — in one chart
Hiring in the U.S. slowed significantly last month, with information and financial sectors registering job losses. The information services sector…
Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears…
