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.
The June jobs report revealed a surprising increase of 147,000 nonfarm payroll jobs, defying expectations. Analysts suggest that while the headline looks strong, underlying data indicates a slow down in private sector hiring, masked by seasonal government job increases.
The latest ADP jobs report shows a surprising decline in private sector jobs, while BLS reports a surge in overall employment. What does this mean for job seekers and the economy? Read on to uncover the discrepancies and the political implications!
U.S. stocks soared Thursday as the S&P 500 and Nasdaq reached record highs following a positive jobs report. With nonfarm payrolls exceeding expectations, optimism about the economy strengthens despite trade uncertainties.
U.S. stock futures showed little change as traders prepare for a crucial jobs report. S&P 500 and Nasdaq reached record highs, but concerns grow after a decline in private sector hiring. Will tech stocks take a hit?
In a chilling forecast, Anthropic's CEO warns that AI could eliminate half of entry-level jobs, pushing U.S. unemployment to unprecedented levels. Other CEOs echo these dire predictions, signaling a looming workforce crisis.
Facing a layoff can be overwhelming, but with the right steps, you can turn this setback into a new opportunity. Discover practical advice and strategies to navigate your next moves confidently.
Tensions rise as President Trump pushes for interest rate cuts, clashing with Fed Chair Jerome Powell's cautious stance. With inflation down but unemployment creeping up, the stakes for the economy are higher than ever.
The Federal Reserve has maintained interest rates for the fourth consecutive meeting, projecting weaker growth and rising inflation this year. Despite this, they anticipate two rate cuts later in 2023 as they navigate economic uncertainty.
