As fears mount over a potential AI bubble burst, industry leaders express concerns about overvaluation and financial engineering in Silicon Valley. Experts warn that the repercussions could extend beyond tech.
U.S. consumer confidence declined sharply in September, driven by rising inflation and a weakening job market. With more Americans fearing a recession, the economic outlook appears grim.
In a bold move, Federal Reserve Chair Jerome Powell unites policymakers to implement the first interest rate cut of the year, despite political pressures and economic concerns. Will this decision stabilize the faltering labor market or exacerbate inflation?
The Federal Reserve has lowered its benchmark interest rate for the first time since December, responding to a slowing labor market and economic growth. With projections for future cuts, investors are left wondering how this will impact inflation and job stability.
Stocks rise as dismal U.S. labor data suggests an imminent interest rate cut. The dollar wobbles while gold prices near record highs amid global economic concerns.
A recent NBC News poll shows that President Trump's job approval remains low, with concerns over his handling of vaccines, immigration, and the economy. As voter enthusiasm builds, the divide between political insiders and outsiders deepens.
As U.S. stocks ended the week with mixed results, the Michigan Consumer Sentiment Index revealed a drop in economic confidence. UnitedHealth saw a surge after Berkshire Hathaway increased its stake, while Sunrun soared on strong earnings. Get the full market recap!
U.S. retail sales rose 0.5% in July, driven by strong vehicle demand and major retailer promotions, but fears of a slowing economy and rising inflation could dampen consumer spending ahead.
U.S. stagflation fears are shaking global markets as inflation data pressures Treasuries. Wall Street reacts sharply, and investors brace for potential rate cuts amid rising economic concerns.
Donald Trump's nomination of E.J. Antoni as BLS commissioner raises alarms among economists. Critics from both sides question his qualifications and the potential politicization of vital economic data. Could this decision undermine public trust in job market statistics?
