January hiring was the lowest for the month on record as layoffs surged
Companies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor…
Fed holds rates steady, indicates it is not ready to start cutting
WASHINGTON — The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made…
Bank of England could be about to open the door to interest rate cuts
LONDON — The Bank of England is widely expected to hold interest rates steady at 5.25% on Thursday, but market…
Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports
Private payroll growth declined sharply in January, a possible sign that the U.S. labor market is heading for a slowdown…
White House touts highest consumer confidence in more than 2 years
The White House cheered the Conference Board report on Tuesday showing consumer confidence rising to its highest level in more…
IMF warns British government against more tax cuts
LONDON — The U.K. government should not introduce further tax cuts this year, the International Monetary Fund said Tuesday, as…
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…
Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure
Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…
Workers are sour on the job market — but it may not be warranted
Workers are sour on the job market — but that pessimism may be somewhat misplaced. The Glassdoor Employee Confidence Index…
