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2 mins read
Another jumbo Fed cut is coming by year-end with the US labor market weaker than many think, Citi economist says
"We see this weakening labor market dynamic across a number of different data points: low hiring ra…
Filip De Mott
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
7 mins read
America is on the brink of an unemployment fiasco
The number of unemployed Americans keeps rising. To keep the US job market from getting worse, the …
Neil Dutta
2 mins read
The US economy will start losing jobs by the end of this year, top economist says
The unemployment rate is on track to surpass 5% by the end of the year, according to top economist …
Jennifer Sor
2 mins read
3 reasons why rising unemployment isn't signaling a recession, Goldman says
The Fed still has significant ammunition to cut interest rates and stimulate the economy if unemplo…
Matthew Fox
4 mins read
A Gen Xer was tired of balancing 2 jobs and earning under $50,000 a year so he went back to school. The decision 'changed his life,' he said.
A Gen Xer went back to college at age 36 to boost his pay. Today he's got a master's degree and is …
Jacob Zinkula
6 mins read
America dodged a recession. Now there's one last pitfall to avoid.
Recession fears are fading and the job market is looking stronger. That's great news for average Am…
Neil Dutta
7 mins read
Millennials are hoarding cash. That could hurt them in the long run.
Millennials are holding onto a lot of cash instead of investing that money in the stock market. Tha…
Callie Cox
7 mins read
We heard from 1,000 older Americans: Here are some of their biggest regrets
Over 1,000 older Americans shared their biggest regrets, including not saving enough for retirement…
Noah Sheidlower
8 mins read
America is entering a new 'economic supercycle'
The US economy is entering a bold new era that economists say will feature more inflation, more gro…
Linette Lopez
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
3 mins read
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
Huileng Tan
2 mins read
The US risks being caught off-guard by a recession with the labor market far weaker than most realize, strategist says
Recent US unemployment figures included temporary government jobs that may disappear after Septembe…
Filip De Mott
4 mins read
Why economists and strategists still say a recession is postponed, despite a startling inflation report
Contradictory messages about inflation and the labor market have investors on guard. Here's why con…
James Faris
5 mins read
Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
The spotlight is on earnings season after a surprise jobs report called into question when the next…
Dan DeFrancesco
2 mins read
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in Septembe…
Theron Mohamed
5 mins read
A Gen Xer went from a six-figure salary to considering bankruptcy after 1,000 unsuccessful job applications — 'It's like playing the lottery'
Sean Tetpon, 55, has applied for over 1,000 jobs in the past year without success, despite making s…
Noah Sheidlower
3 mins read
The blockbuster jobs report just gave Kamala Harris a boost where she needs it most
The booming jobs market in September could give former President Donald Trump one less thing to att…
Ayelet Sheffey,Madison Hoff,J…
5 mins read
A millennial with a doctoral degree and over $250k in student loan debt says she's been looking for a job for 4 years. She wishes she prioritized work experience over education.
A millennial said she regrets her degrees and recommends people do their homework before pursuing h…
Jacob Zinkula
1 min read
Unemployment will double by the end of the year with an economic hard landing inevitable, strategist says
Declining inflation is actually a warning that corporate profits are set to fall and force companie…