The one-time ‘Oracle of Wall Street’ who called the 2008 crash sounds the alarm for Gen Z and Millennials in the year ahead
The one-time “Oracle of Wall Street” who famously called the 2008 financial crisis is once again sounding the…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…
What would the Fed do in a tie vote? It’s not clear, and the BoE had to break a deadlock this month
There has never been a tie vote on the rate-setting Federal Open Market Committee, but the Federal Reserve…
More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says
The U.S. economy isn’t in a recession yet, but the number of industries cutting back on headcount is…
Wall Street is divided over whether immigration is behind US hiring slowdown
Wall Street economists disagree on what’s behind a sharp slowdown in US job growth, highlighting a divide that…
Why America’s jobs data may be getting it wrong
Despite last week’s headlines about alarmingly soft job growth, millions of Americans have been starting businesses at unprecedented…
Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue
The shocking jobs report on Friday wasn’t the only red flag. Indicators from the past week paint an…
Wall Street’s view of a ‘Kevlar economy’ has just been shattered, but red flags were lurking under the radar
The recent batch of indicators has punctured the notion on Wall Street that the U.S. economy is bulletproof…
Erika McEntarfer, the BLS head fired by Trump, got bipartisan support in her 2024 confirmation with votes from JD Vance and Marco Rubio
The head of the agency that compiles the closely watched monthly jobs report usually toils in obscurity, but…
When the Leader Doesn’t Want to Believe the Facts About the Economy – by Jan Wondra
Friday morning the latest U.S. jobs report was issued, indicating that during the month of July, the U.S.…
Just 38% approve of Trump’s handling of the economy as promises of ‘golden age’ collide with reality
For all of President Donald Trump’s promises of an economic “golden age,” a spate of weak indicators this week told…
Top economist Brad DeLong to recent college grads: Don’t blame AI for job struggles—blame the sputtering economy
As recent college graduates face one of the toughest job markets in years, Berkeley economist and voluble Substacker…