Central banks look to have hit peak rates. Here’s how markets think they’ll come down
The world’s major central banks paused their interest rate hiking cycles in recent weeks and with data suggesting economies are…
Voters’ grim economic outlook helps boost Trump in new battleground poll
A deeply pessimistic view of the U.S. economy among registered voters was a driving force behind new polling that shows…
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…
Unemployment among Hispanic workers rises at faster pace in October than overall rate
The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.’, according…
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…
Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy
The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price…
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current…
Bank of England governor says Israel-Hamas conflict poses risks to inflation fight
Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to…
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…
