In August, the US job market showed little improvement, with only 75,000 jobs added and the unemployment rate expected to rise to 4.3%. This marks a concerning trend of sub-100,000 payroll growth for four consecutive months, the worst since 2020.
As Federal Reserve Chair Jerome Powell hints at potential interest rate cuts, he faces the challenge of balancing economic needs with political pressure from President Trump. Can he maintain the Fed's independence while navigating this tricky situation?
Jerome Powell's final appearance as Fed chair at Jackson Hole will address the economic outlook amid pressures from Trump to cut rates. Will he reveal hints about the Fed's next move?
As Federal Reserve Chair Jerome Powell prepares for his critical speech at the Jackson Hole Symposium, investors are on edge. Will he signal a rate cut or maintain a hawkish stance? Discover the potential impacts on the stock market and what analysts predict.
In a bold move, over 10,000 Air Canada flight attendants are continuing their strike despite back-to-work orders from the government. Union leaders criticize the intervention as a violation of workers' rights amid ongoing negotiations for better pay.
In a controversial move, President Trump's nominee for the Bureau of Labor Statistics suggests suspending monthly jobs reports, raising concerns among businesses and policymakers about tracking the economy.
Despite promises of lucrative salaries, recent graduates in computer science are facing unprecedented unemployment rates. With AI changing the landscape, many are left wondering if their degrees are worth it.
Meet Sandy McConnell, an 80-year-old accounts receivable specialist, who exemplifies the growing trend of seniors working well into their 80s. With financial challenges and a desire for purpose, many older Americans are redefining retirement.
As President Trump intensifies pressure on the Federal Reserve to cut interest rates, the central bank is expected to hold its ground, citing strong economic indicators despite rising inflation fears linked to tariffs.
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.
