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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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2 mins read

U.S. Economy Soars: 3 lakh jobs added in 39th consecutive month of growth, boosting confidence and easing inflation concerns

Economists and market investors alike are finding renewed confidence in the resilience of the U.S. …

ANI   


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3 mins read

The Biden Administration's labor department is hitting the road for 'Good Jobs Summer'

A good job means more than just one that pays well; workers should be able to get there, and not be…

Juliana Kaplan   


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2 mins read

Stock market today: Indexes rally on China stimulus, promising labor-market data

Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further …

Kelly Cloonan   


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2 mins read

Tyson's finance chief is out of the job. The Tyson heir got the gig at 32, making him the youngest Fortune 500 CFO.

John Randal Tyson, an heir of founder John W. Tyson, will not return to his executive role at Tyson…

Shubhangi Goel   


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2 mins read

Stock market today: Indexes mixed as investors assess labor data ahead of Friday payroll report

Indexes were mixed on Thursday amid fresh labor data ahead of Friday's August nonfarm payroll repor…

Kelly Cloonan   


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5 mins read

The US-China tech race is moving from chips to the raw materials they're made of

The US is considering expanding its export limits on AI chips to China and its allies. Experts say …

Huileng Tan,Katherine Tangala…   


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1 min read

A short recession in the US would be better for most investors than a soft landing, economist says

A short recession is the only thing that will get the Fed to cut interest rates, an economist said.

Aruni Soni   


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2 mins read

Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus

The Fed meeting minutes will be published later on Wednesday. Alphabet dipped about 1% as the DOJ i…

Jennifer Sor   


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2 mins read

H-2B visas open for late second half returning workers for FY 2023

The US will begin accepting petitions for H-2B visa workers for the late second half of fiscal year…

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2 mins read

Here's the next data point to watch as Wall Street eyes a 'no landing' scenario for the US economy

After promising jobs and GDP data, a surge in retail spending would point to a "no landing" or a re…

Kelly Cloonan   


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3 mins read

Hospital wait times will still be bad this year, even with labor gains

The US may be recovering from a physician shortage, but don't expect to spend less time in hospital…

Allie Kelly   


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4 mins read

As head of the Labor Department Julie Su has a tough task: filling the economy with good jobs. She's up for the challenge.

Acting Secretary of Labor Julie Su knows how important a good job is because one transformed her fa…

Juliana Kaplan   


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2 mins read

US received enough visa applications to meet H-2B cap for H2 FY23

The US has received a sufficient number of applications to meet the congressionally-mandated H-2B c…

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1 min read

Jobless claims hit record high in US, new waves of layoffs expected

The weekly jobless claims have hit record high in the US, and more waves of layoffs could be on the…

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3 mins read

Indian stock market – From US recession fears to tensions in the Middle East, here’s why the markets are falling

The Indian stock market reported a decline on Monday as benchmark indices Sensex and Nifty opened i…

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1 min read

US stocks climb on fresh signs the labor market is cooling

Tuesday's JOLTS data and Wednesday's ADP report both pointed to a cooling labor market, a welcome s…

Phil Rosen   


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2 mins read

US stocks trade lower as latest jobless claims data points to cooling labor market

Wednesday's producer price index fell by the most since April 2020, and Thursday's labor market dat…

Phil Rosen   


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3 mins read

Rob Price   


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3 mins read

The US will pay for migrants' flights out of Panama to close a route used by over 700,000 people to reach the US-Mexico border

Around 520,000 people crossed the treacherous Darién Gap in 2023, many on their way to the US. Anot…

Matthew Loh