This week’s job market data raises alarms about a slowing economy. With unemployment hitting a high and layoffs surging, seasoned analysts warn of potential market turmoil ahead.
The latest jobs report reveals a concerning slowdown in hiring across the U.S., with only 22,000 jobs added in August and the unemployment rate rising to 4.3%. Economists are worried about the implications for the economy's health and potential stagflation.
Job openings have fallen to levels not seen since the pandemic, raising alarms about the labor market's health. With only 7.18 million listings in July, experts warn of a significant slowdown. What does this mean for job seekers?
U.S. stock futures show minor changes as investors digest recent trade news, including a federal court ruling on Trump's tariffs. With September historically being a tough month for stocks, traders are on edge ahead of key job reports.
Jewish billionaires Lynda and Stewart Resnick have listed their stunning Aspen estate for a staggering $300 million, potentially setting a new record for the most expensive home sale in the U.S. This luxurious property boasts 18 bedrooms, a private lake, and an infinity pool, all just a mile from downtown Aspen.
President Trump's plan to send National Guard troops to Chicago has sparked intense debate among residents. While some believe it could curb crime and violence, others fear it may exacerbate tensions and overlook deeper issues. Discover the varied perspectives from Chicagoans as they weigh safety against community needs.
Evergrande, once a giant in China's real estate, has been delisted from the Hong Kong stock exchange after a prolonged trading freeze. The company faces liquidation, having lost over 99% of its market value since its peak in 2017, amid a broader downturn in the property sector.
U.S. stock futures remain steady ahead of Jerome Powell's anticipated speech at Jackson Hole. Investors are eager for insights on interest rates as major indices face a losing streak, with notable movements from Intuit and Zoom shares.
Apple has announced that its Partridge Creek store will close permanently on August 16, 2023. Employees can transfer to other locations as Apple prepares to open a new store in Downtown Detroit.
A leading economist warns that the housing market is deteriorating, with home sales and prices set to slump unless mortgage rates drop soon. Unprecedented challenges are looming for homeowners and the economy.
