Weak Job Market Prompted Interest Rate Cuts, Powell Says
Topline Federal Reserve Chair Jerome Powell on Tuesday said a weakening labor market in the U.S. has outweighed…
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open…
Why Rigetti Computing Is Skyrocketing This Week
Rigetti Computing roared higher as the Federal Reserve cut interest rates this week. Rigetti also landed a new…
Do ‘The Markets’ Really Want The Federal Reserve To Lower Rates?
Facade of the Marriner S Eccles building of the United States Federal Reserve, on a bright and sunny…
Fed Cuts Could Fuel More Art Loans as Collectors Seize Opportunities
When the Federal Reserve announced earlier this week that it was lowering its benchmark interest rate for the…
Jerome Powell warns of signs of an AI bubble and an economy leaning too hard on the rich
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital…
Unemployment rate steady despite jobs losses in August
Australia’s unemployment rate has remained steady at 4.2 per cent in August, due to a big drop in…
1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
Bank of Canada likely to cut interest rate by 25 basis points
By Promit Mukherjee OTTAWA (Reuters) -The Bank of Canada is expected to cut interest rates by 25 basis…
Asia markets trade mixed after Wall Street declines as investors await Fed decision
Tokyo is one of the most densely populated cities in the world, while rural areas of Japan are…
Fed’s expected rates cut could reshape global markets
The latest data from the US labor market point to a structural weakening that will likely compel the…
Watch Out for the Return of the Quadruple Lock – Bloomberg.com
Watch Out for the Return of the Quadruple Lock Bloomberg.com UK jobs market slows again as payrolls, wage growth…