Hopes of US shutdown deal fail to sustain market rally
Traders were broadly welcoming an expected vote to reopen the government after the longest shutdown in US history…
The trouble with America’s shutdown economy
Imagine, for a moment, America without the Bureau of Labour Statistics (BLS). To some wonks, few scenarios are…
NY Fed Prez Warns Affordability Pressures Threaten Economy
A leading Federal Reserve official warns that problems of poorer Americans could threaten economic growth. In an interview…
NY Fed Prez Warns Affordability Pressures Threaten Economy
A leading Federal Reserve official warns that problems of poorer Americans could threaten economic growth. In an interview…
Map Shows States Where Household Debt Is Increasing
The Federal Reserve Bank of New York released its quarterly report this week, finding the total household debt…
Trump proposes 50-year mortgage to help affordability
Trump on Saturday posted an image on social that seemed to suggest he would be proposing 50-year mortgages,…
‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
WASHINGTON (AP) — When Carly Kaprive left a job in Kansas City and moved to Chicago a year…
‘Jenga Tower’ US Economy Teeters as Middle Class Pulls Back Spending
While the cost of living isn’t going up nearly as fast as it did in 2022, consumer prices…
Job openings have plunged 32% since ChatGPT’s debut—now, $35K healthcare work is one career option left for Gen Z, according to a Stanford study
For months, leaders from Ford CEO Jim Farley to the Federal Reserve Chair Jerome Powell have sounded the…
Embattled Fed Official Has Lost Key Economic Data Point: Diner Chatter
Alex Wong / Getty Images Federal Reserve Governor Lisa Cook spoke for the first time since she was…