As the Federal Reserve prepares to announce a quarter-point interest rate cut, investors are left wondering about the future of the economy. With inflation rising and job growth slowing, Fed Chair Jerome Powell faces tough decisions ahead.
As the government shutdown stretches on, federal workers fear they might not receive retroactive pay. Legal experts weigh in on the implications for furloughed and excepted employees amidst uncertainty.
As the government shutdown stretches on, federal workers like Summer Kerksick are turning to food banks for help. With no paycheck and bills piling up, the demand for assistance has surged dramatically.
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.
As the Bureau of Labor Statistics remains silent due to the Washington shutdown, alternative data sources suggest the job market is steady but shows signs of softening. With unemployment holding at 4.3%, is the economy truly stable?
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.
Wall Street's main indexes fell to their lowest this week as economic data and Federal Reserve comments dampened hopes for further rate cuts. Investors are now eyeing crucial inflation data.
The struggle for Gen Z to find jobs intensifies as Fed Chair Jerome Powell highlights a concerning labor market. With low hiring rates and economic slowdowns, young jobseekers face unique challenges, exacerbated by a broader hiring freeze.
In a surprising turn, jobless claims in the U.S. have decreased significantly, dropping by 33,000 to 231,000 after reaching a four-year high. This decline may indicate a stabilizing job market as the nation continues to recover from the pandemic.
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.
