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  Category: Economy

Economy

Economy

Jobless rates fall for Black and Hispanic men in September

October 7, 20240

Job seekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida, on June 26, 2024.Joe Raedle | Ge...

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Economy

Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report

October 5, 20240

A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. Anna Ro...

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Economy

Private payrolls show better-than-expected growth of 143,000 in September, ADP says

October 3, 20240

Private sector hiring picked up in September, indicating the labor market is holding its ground despite some signs of weakness, payrolls processi...

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Economy

Port strike could reignite inflation, with larger economic impact dependent on how long it lasts

October 2, 20240

A strike hitting ports along the East and Gulf coasts could stoke prices for food, autos and a host of other consumer goods but is expected to ca...

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Economy

Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’

October 1, 20240

Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn't be interpreted as a sign that f...

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Economy

Key Fed inflation gauge at 2.2% in August, lower than expected

September 29, 20240

Inflation moved closer to the Federal Reserve's target in August, easing the way for future interest rate cuts, the Commerce Department reported ...

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Economy

Swiss central bank cuts rates by a quarter point in third trim this year

September 27, 20240

A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibou...

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Economy

September consumer confidence falls the most in three years

September 25, 20240

Consumers' view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business ...

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Economy

Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’

September 23, 20240

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference....

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Economy

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

September 21, 20240

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a pivotal m...

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