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2 mins read

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   


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3 mins read

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   


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1 min read

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   


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2 mins read

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   


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3 mins read

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…

Business Insider Latest Story Image
2 mins read

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   


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2 mins read

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   


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5 mins read

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   


Business Insider Latest Story Image
8 mins read

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   


Business Insider Latest Story Image
6 mins read

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   


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2 mins read

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   


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6 mins read

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   


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4 mins read

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   


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1 min read

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   


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3 mins read

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   


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3 mins read

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   


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2 mins read

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   


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2 mins read

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   


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4 mins read

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   


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4 mins read

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…

Juliana Kaplan,Madison Hoff,Ayelet Sheffey