The IRS has announced mass furloughs and halted most operations due to an extended government shutdown. Employees face uncertainty over pay and operational plans as the agency prepares for the upcoming tax season.
Gold futures have hit a record high of over $4,000 an ounce, marking a significant shift as investors flee from dollar-denominated assets amid growing distrust in U.S. financial stability. What does this mean for the economy?
The Federal Reserve is leaning towards further interest rate cuts amid rising unemployment concerns, but divisions remain among officials about inflation risks. Discover the implications for borrowers and the economy.
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In a surprising decision, the White House has withdrawn E.J. Antoni's nomination to lead the Bureau of Labor Statistics.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.
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?
