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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%…
2 mins read
Maximum employers expect their workforce to grow in first half FY 2024-25, says Teamlease report
The Indian employment market is projected to experience a 6.33% incremental expansion over the firs…
ANI
2 mins read
Stock market today: US indexes extend plunge after surprise unemployment spike and jobs miss
Capital Economics said the weak July jobs report could lead to a surprise interest rate cut from th…
Matthew Fox
2 mins read
The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says
Large bankruptcies are on track to surpass their peak during the pandemic, according to Danielle Di…
Jennifer Sor
4 mins read
Meet the 'disconnected youth': A growing group of Gen Zers who aren't working or going to school
A growing group of Gen Zers aren't working or going to school.
Juliana Kaplan,Ayelet Sheffey…
2 mins read
Rate cuts won't prevent a recession and the economy is deteriorating 'quite rapidly,' investment strategist says
A recession is coming even with rate cuts indicators show a deteriorating economic outlook, accordi…
Kelly Cloonan
2 mins read
The Fed needs to 'start getting out of the way' and deliver a big rate cut next week, famed economist Claudia Sahm says
Sahm reiterated that her namesake rule is flashing a false signal because the jump in unemployment …
Matthew Fox
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
2 mins read
The Fed will only cut rates once this year because the US economy is too strong, market vet says
Inflation is on its way to the Fed's target, and the job market is likely to perk back up, Ed Yarde…
Jennifer Sor
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
2 mins read
Why the Fed may be too late to stop a recession with its rate cuts, according to Northwestern Mutual investment chief
The economy has over a 50% chance of tipping into a recession, according to Northwestern Mutual's c…
Jennifer Sor
3 mins read
Cries are getting louder for emergency interest-rate cuts this week, something that's been reserved for pandemics or terrorist attacks
Friday's jobs report triggered a key recession indicator, prompting calls for an emergency interest…
Ayelet Sheffey
2 mins read
The creator of a famed recession indicator says the Fed is 'playing with fire' by not cutting rates now
A labor-tracking recession gauge is nearing its threshold, and the Fed needs to cut now to stop it.
Filip De Mott
2 mins read
The Fed is only going to cut rates once in 2024 as shelter inflation is too high and the job market is hot, Vanguard says
The Fed is most likely cutting rates once in September, Vanguard predicted. Markets are still antic…
Jennifer Sor
2 mins read
Recession odds are 'very high' as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says
"Is it possible the Fed cuts rates very dramatically? Yes. But that's only going to happen or most …
Jennifer Sor
2 mins read
The stage is set for 2 rate cuts this year, but investors need to be careful adding more exposure to the stock market, JPMorgan strategy chief says
The data is pointing to two rate cuts this year, but stocks are in for a "significant correction," …