This week’s job market data raises alarms about a slowing economy. With unemployment hitting a high and layoffs surging, seasoned analysts warn of potential market turmoil ahead.
The latest jobs report reveals a concerning slowdown in hiring across the U.S., with only 22,000 jobs added in August and the unemployment rate rising to 4.3%. Economists are worried about the implications for the economy's health and potential stagflation.
Job openings have fallen to levels not seen since the pandemic, raising alarms about the labor market's health. With only 7.18 million listings in July, experts warn of a significant slowdown. What does this mean for job seekers?
U.S. stock futures show minor changes as investors digest recent trade news, including a federal court ruling on Trump's tariffs. With September historically being a tough month for stocks, traders are on edge ahead of key job reports.
Evergrande, once a giant in China's real estate, has been delisted from the Hong Kong stock exchange after a prolonged trading freeze. The company faces liquidation, having lost over 99% of its market value since its peak in 2017, amid a broader downturn in the property sector.
U.S. stock futures remain steady ahead of Jerome Powell's anticipated speech at Jackson Hole. Investors are eager for insights on interest rates as major indices face a losing streak, with notable movements from Intuit and Zoom shares.
A leading economist warns that the housing market is deteriorating, with home sales and prices set to slump unless mortgage rates drop soon. Unprecedented challenges are looming for homeowners and the economy.
As Wall Street reaches new heights, experts warn that investors may be overlooking the significant risks posed by tariffs. Is Trump's tough talk masking a potential market downturn?
U.S. President Trump's new tariffs threaten Japan and South Korea, two key allies facing economic challenges. With existing duties already impacting growth, will these nations find a way to negotiate relief?
Stock markets in Asia experienced a downturn as U.S. officials hinted at tariff delays without clarity, while OPEC+ surprised with a larger-than-expected oil production increase, raising concerns about inflation and economic growth.