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Markets globally await Fed chair Jerome Powell's Jackson Hole Symposium address later today
The central bankers and markets around the globe will be eying the speech given by Federal Reserve …
ANI
The Fed's long-awaited rate cuts will open up the job market — but it could take a while
The spiking unemployment rate will rise further before improving, but rate cuts will work eventuall…
Jennifer Sor
The US labor market is 'healthy,' Treasury Secretary Janet Yellen says, even as data shows conditions softening
Janet Yellen says the current unemployment rate is still low even after it ticked up in July. Inves…
Kelly Cloonan
The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says
JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…
Kelly Cloonan
Sensex, Nifty surge on rally in US markets, foreign fund inflows
The NSE Nifty soared 187.45 points or 0.76 % to 25,010.60. Among the 30 Sensex firms, HCL Technolog…
WFI to challenge High Court order, says Indian wrestlers' participation in upcoming Worlds in danger
The latest order came on a plea seeking a stay on the functioning of the WFI and prevent it from un…
PTI
Americans just got the biggest confirmation yet of an interest rate cut next month — but the job market hangs in the balance
"The time has come for policy to adjust," Fed Chair Jerome Powell said at Jackson Hole, all but con…
Ayelet Sheffey
Dutee Chand extends support to under-fire boxer Imane Khalif following controversial win in Paris Olympics
Italian boxer Angela Carini quit her 66 kg women's category boxing match against Algeria's Imane Kh…
ANI
The stock market is entering a prolonged period of chaos — and that's a good thing
Wall Street is worried about a recession, which means investors are paying closer attention to what…
Linette Lopez
America just got a nasty wakeup call about the job market
Hang on to your job — America may be headed for a wave of layoffs.
Emily Stewart
Global markets are starting the week off on a sour note, and Japan is partly to blame
Investors have been borrowing the Japanese yen on the cheap to fund higher-yielding investors. But …
Huileng Tan
The agonizing uncertainty of America's so-so economy
The job market is getting weaker, and the economy feels trapped in limbo. Americans hate it.
Emily Stewart
Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…
Madison Hoff,Ayelet Sheffey
The inflation report dashes hopes of a jumbo rate cut next week
Interest rate cuts are probably coming this month, and August inflation numbers are the last big pi…
Madison Hoff
Small business owners could be poised for a 1990s-like boom
One economist warned entrepreneurs against letting fear of the economy guide emotional business dec…
John Towfighi
Restaurants and hotels were helping power the booming job market. Now, they're barely hiring.
The leisure and hospitality industry is adding fewer jobs each month than it was a few years ago.
Madison Hoff
The unemployment rate slid as expected in August after a surprise increase the prior month
August's jobs report is a critical signal of the chances of a coming recession.
Madison Hoff
A big rate cut this month would create a 'self-fulfilling prophecy' of recession fears, economist says
If the Federal Reserve cuts interest rates by 50 basis points, it could spark unwarranted recession…
Kelly Cloonan
JD Vance's plan to lower childcare costs: have grandma and grandpa 'help a little bit more'
Trump's VP pick JD Vance said there should be more options for older family members to assist with …
Eliza Relman,Juliana Kaplan,Ayelet Sheffey
The economy is at a fork in the road
The economy could go one of two ways in the near future, and one last data point could make it clea…