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3 mins read
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closin…
Ayelet Sheffey,Madison Hoff
6 mins read
We heard from over 750 people who have recently struggled to find work. Here are their biggest frustrations with getting hired.
From recent high school graduates to retirees in their 70s, readers shared with BI their frustratio…
Noah Sheidlower,Jacob Zinkula…
2 mins read
The jobs market had a very strong September
The unemployment rate ticked down in September as the Fed pivots to supporting the labor market.
Madison Hoff
3 mins read
2 under-the-radar recession signals are flashing red this month, research firm says
BCA's Peter Berezin said that low-key data points in the labor market are clouding the view that th…
Kelly Cloonan
2 mins read
Americans running out of unemployment benefits and part-time jobs at record levels point to a recession coming, economist says
Part-time gig workers are making the job market appear stronger than it actually is, according to D…
Jennifer Sor
2 mins read
The Fed's 50 basis point rate cut won't do anything to stop a recession, economist David Rosenberg says
"The best thing I ever did was to follow my instincts and judgement and not waver or throw the towe…
Matthew Fox
2 mins read
The 15 fastest-growing jobs in the US
Based on projected increases from 2023 to 2033, wind turbine service technicians, data scientists, …
Madison Hoff
3 mins read
The Sahm Rule has flashed, but there's a simpler recession indicator investors should be watching
"The Perkins rule asks whether payrolls are declining. Not rocket science," TS Lombard's Dario Perk…
Matthew Fox
6 mins read
Why Black men's job situation is worse than it looks
Black men are still working at a considerably lower rate than white, Asian, and Hispanic men, despi…
Jacob Zinkula,Madison Hoff
1 min read
Dream stock market debut for BLS E-Services; shares zoom nearly 175 pc
BLS E-Services Ltd had an exceptional market debut on Tuesday, with its shares ending the day with …
PTI
2 mins read
Inflation cooled off more than expected in June
Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.
Madison Hoff
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
3 mins read
California put up its fast-food wage to $20. Its governor is adamant it's not causing employment to fall.
Critics of the legislation warned that the higher wages could lead to restaurants laying off some o…
Grace Dean
3 mins read
The US economy added more jobs than expected last month as unemployment surprisingly rose
The economy added 206,000 jobs in June, above the forecast. The US unemployment rate is unexpectedl…
Madison Hoff
3 mins read
Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.
Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…
John Towfighi,Juliana Kaplan
3 mins read
Inflation unexpectedly cools off as the Fed decides its next move
The Consumer Price Index increased 3.3% year over year in May, which is less than the 3.4% increase…
Madison Hoff
5 mins read
A millennial who's been applying to jobs for a year says he's encountered ghost jobs and scammers in his struggle to find a remote role
A Utah-based millennial was laid off from his tech job soon after he learned about a worrying healt…
Jacob Zinkula
3 mins read
Inflation slightly cooled off in April as expected
The Consumer Price Index increased by 3.4% in April from a year ago, matching the forecast.
Madison Hoff
6 mins read
Millennial vs. boomer budgets: How spending has changed for young adults in the last 30 years
Young adults are spending less on alcohol, beef, and mortgage interest and more on fresh produce, r…