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Decaying jobs market overtakes inflation as U.S. economy’s biggest threat
Lingering inflation was the chief threat to the U.S. economy just a few months ago. Now it’s a rapidly cooling jobs market. Read More
Charting the Global Economy: US Job Growth Softer Than Forecast
US employers added fewer workers in August than forecast and job growth in the prior two months was marked down, further evidence of a softening labor market that’s fueling debate over how much the ... Read More
The US economy could be on the precipice of triggering a 'vicious feedback loop,' Nomura analysts say
The US unemployment rate has risen sharply while markets are jittery after stocks saw their worst losses since a massive August selloff. Read More
US economy added 142,000 jobs in August, missing expectations
The Labor Department reported that U.S. employers added 142,000 jobs in August, missing economists' expectations while the unemployment rate ticked down slightly to 4.2%. Read More
Wall St Week Ahead Economic worries back on Wall Street's radar after jobs data
Uncertainty over the U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserve policy, a tight U.S. Read More
US economy is slowing, but still has momentum, former official says
The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. Read More
ADP says businesses add just 99,000 new jobs. Slowdown in hiring points to softer economy.
U.S. businesses generated just 99,000 new jobs in August, paycheck company ADP said, to mark the smallest increase since 2021 in another sign of a rapidly cooling labor market. Read More
Is the U.S. headed for a recession? Here's what the experts say.
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But recent weak economic data is prompting some economists to caution that the nation isn't out ... s underscored that point, writing on Wednesday in Bloomberg News that she doesn't believe the U ... Read More
U.S. economy could be hit hard by lockouts at Canada's 2 major freight railroads
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As the Canadian contract talks were coming down to the wire, one of the biggest U.S ... up his meetings with the rail companies and the Teamsters. 'Workers, farmers, commuters and businesses can't ... Read More
U.S. Slows a Little but Global Economy Proves Resilient
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The U.S. has slowed slightly this month, but other parts of the global economy are showing surprising ... 54.1 in August from 54.3 in July. A level over 50 indicates expansion in private-sector ... Read More
Part Of The U.S. Economy Is Already In Recession. Chances Are You May Not Know It.
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Indicators that have been reliable in the past are now signaling that the U.S ... economy could already be in recession, but overall data may not reflect this. Lower-income households ran out ... Read More
US job openings fall as demand for workers weakens
America’s employers posted fewer job openings in July than they had the previous month, a sign that hiring could further cool in the coming months. Read More
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