The U.S. jobs market is too ‘strong,’ the Fed says. So expect rising unemployment.
admin The number of new jobs created in October could fall to a nearly two-year low,…
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Bridgewater’s Greg Jensen: ‘very significant global recession’ likely coming
On the first Sunday night of October, Greg Jensen hosted Ray Dalio at his New…
Read MoreOpinion: Why inflation will likely stay sky-high regardless of which party wins the midterms
Soaring inflation is the top issue for a lot of voters heading into the midterms,…
Read MoreU.S. factory orders rise in September, belying concerns of manufacturing slowdown
Orders for manufactured goods rose 0.3% in September, the Commerce Department said Thursday. The gain…
Read MoreThe economy is slowing — ISM service index drops to lowest level since U.S. lockdown in 2020
The numbers: An ISM barometer of business conditions at companies such as retailers and restaurants…
Read MoreU.S. trade deficit jumps to three-month high as strong dollar dents exports
The numbers: The nation’s trade deficit jumped almost 12% in September to a three-month high…
Read MoreU.S. productivity picks up a bit in third quarter
The numbers: U.S. productivity rose at a 0.3% annual clip in the third quarter, the…
Read MoreJobless claims dip to 217,000 and stay near pandemic lows
The numbers: The number of people who applied for unemployment benefits at the end of…
Read MoreU.S. jobless claims dip to 217,000 and stay near pandemic lows
The numbers: The number of Americans who applied for unemployment benefits at the end of…
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Opinion: The Federal Reserve’s Jerome Powell aims to set things straight but leaves us dazed and confused
Federal Reserve Chairman Jerome Powell on Wednesday announced the central bank raised interest rates by…
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