The October jobs report has been postponed due to the government shutdown, leaving economists and job seekers in limbo. With expectations of slower job growth, the impact on the economy remains uncertain.
With the jobs report delayed due to a federal government shutdown, experts warn that policymakers and investors are 'flying blind' at a critical economic juncture. The lack of data could impact decisions on interest rates and reveal signs of a potential recession.
Despite predictions of economic slowdown, the U.S. economy continues to show unexpected strength with a robust GDP growth rate. Analysts are re-evaluating their forecasts in light of new data, highlighting resilience in consumer spending and business investment.
In a surprising decision, the White House has withdrawn E.J. Antoni's nomination to lead the Bureau of Labor Statistics. Amid criticisms of his economic views and concerns about his credibility, President Trump plans to announce a new nominee soon.
As stock futures slide ahead of a potential U.S. government shutdown, investors are on edge. With Congress at an impasse and economic indicators in the balance, the market's future is uncertain. Will this shutdown disrupt the gains seen in September?
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 stunning turn of events, Charlie Javice, founder of fintech startup Frank, has been sentenced to over 7 years in prison for defrauding JPMorgan Chase by inflating customer numbers before its $175 million acquisition.
Asian stocks rallied alongside rising US futures, hinting at a potential recovery for Wall Street. Despite mixed performances in Japan, positive economic signals from China fueled optimism. Can this trend continue?
Starbucks announces a significant shift with plans to close 1% of its North American stores and lay off 900 employees as part of a $1 billion restructuring. This move reflects changing consumer habits and increasing competition in the coffee market.
European stocks defy U.S. tariffs imposed by President Trump on pharmaceuticals and other sectors, indicating optimism in the market. As Wall Street treads carefully ahead of inflation data, analysts reflect on the impact of robust U.S. economic indicators.