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?
As the Federal Reserve meets for a pivotal decision, experts predict a potential rate cut could reshape borrowing and spending in the U.S. economy. But is this a sign of recovery or a response to faltering growth? Find out what it means for you!
The rise in U.S. unemployment claims to a four-year high casts a shadow over President Trump's economic policies. With job growth stagnating and fewer jobs created, the future looks bleak for the labor market.
A new government report reveals that the U.S. labor market was significantly weaker than previously reported, raising concerns about economic stability and sparking debates among analysts.
In a surprising move, Prime Minister Shigeru Ishiba has resigned, leaving Japan in a state of political and economic uncertainty. As the country grapples with rising living costs and recent election losses, potential successors like Sanae Takaichi and Shinjiro Koizumi emerge amidst calls for stability.
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.
Global markets are rattled as bond yields reach historic highs amid rising public debt and geopolitical tensions. Investors react to Alphabet's antitrust victory, while Kraft Heinz announces a split. Is a financial crisis looming?
This holiday season, U.S. spending is expected to drop 5%, largely due to Gen Z's 23% cutback. Households are prioritizing value as economic uncertainty looms, reshaping shopping habits.
Cava's stock tumbled 16% following disappointing quarterly sales, reflecting a broader trend of declining performance in the fast-casual dining sector. Executives cite cautious diners and economic uncertainty as key factors affecting sales.
As the Fed prepares for a crucial meeting, President Trump faces disappointment as interest rates are likely to remain unchanged. With rising tariffs and inflation concerns, a debate brews among Fed governors about the need for a rate cut.
