US added 263,000 jobs in weaker than expected report as inflation woes persist
The US labor market added 263,000 more jobs in September — putting more pressure on President Joe Biden and complicating ...
Tag: Economy
Rate hikes needed to tame ‘stubbornly’ high inflation: Lisa Cook
US inflation remains “stubbornly and unacceptably high,” requiring continued interest rate increases to be sure it begins falling, Fed governor ...
Jobless claims surge due to Hurricane Fiona
The number of Americans filing new claims for unemployment benefits increased by the most in four months last week, but the labor ...
Job openings plunged 10% in August
The number of available jobs in the US plummeted in August compared with July as businesses grow less desperate for ...
Carnival stock sinks after cruise line warns of longer voyage to turning profit
Carnival on Friday forecast a loss for the fourth quarter as higher fuel prices and rising costs of everyday essentials ...
US jobless claims plunge to five-month low despite Fed rate hikes
The number of Americans filing new claims for unemployment benefits fell to a five-month low last week as the labor ...
Americans increasingly unhappy with Biden’s handling of economy: poll
An increasing number of Americans are unhappy with how President Biden is handling the economy compared to when the president first took ...
Elon Musk says it’s ‘obviously correct’ that Fed is tanking US economy
Billionaire Elon Musk backed a prominent Wharton economist who accused the Federal Reserve and its chairman Jerome Powell of completely ...
US ‘housing recession’ could send prices 20% lower by mid-2023
US home prices are now “clearly falling” and could plummet by as much as 20% by mid-2023 as the Fed ...
Jobless claims rise by 5,000 after 5 weeks of declines
The number of Americans filing new claims for unemployment benefits increased moderately last week, indicating the labor market remains tight despite the ...
Recent Comments