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  Category: Economy

Economy

Economy

Unemployment rate jumps more than a percentage point for Black women in November

December 9, 20240

Job seekers talk to a recruiter at the Albany Job Fair in Latham, New York, on Oct. 2, 2024.Angus Mordant | Bloomberg | Getty ImagesThe unemploym...

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Economy

The Fed is on course to cut interest rates in December, but what happens next is anyone’s guess

December 8, 20240

Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednes...

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Economy

There’s an important jobs report coming Friday. Here’s what to expect

December 6, 20240

A pedestrian walks by a 'hiring now' sign in front of a U-Haul store on December 03, 2024 in San Rafael, California. Justin Sullivan | Getty...

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Economy

Job openings jumped and hiring slumped in October, key labor report for the Fed shows

December 4, 20240

Available jobs rose in October while hiring fell during a month in which payrolls growth hit its lowest level in nearly four years, the Bureau of...

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Economy

Fedโ€™s preferred inflation gauge rises to 2.3% annually, meeting expectations

December 2, 20240

Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest rates, the Commerce Department...

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Economy

India’s quarterly growth slumps to a near two-year low, well below expectations

November 30, 20240

Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty ImagesIndia's economy expanded by just 5.4% in its sec...

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Economy

These economists say artificial intelligence can narrow U.S. deficits by improving health care

November 29, 20240

Can artificial intelligence be so transformative as to solve one of the U.S. economy's biggest problems: its skyrocketing fiscal deficit? Accordi...

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Economy

Trump’s proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates

November 27, 20240

President-elect Donald Trump speaks at the U.S.-Mexico border on August 22, 2024 south of Sierra Vista, Arizona. Rebecca Noble | Getty Image...

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Economy

Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says

November 25, 20240

Kevin WarshJin Lee | Bloomberg | Getty ImagesPresident-elect Donald Trump is considering naming Kevin Warsh as Treasury secretary then ultimately...

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Economy

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

November 24, 20240

Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024.Ste...

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