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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%…

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2 mins read

What can you expect from the US Fed meeting later this week? Here's all you need to know

The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…

Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

Surging US unemployment has triggered a recession indicator with a perfect track record

While the so-called Sahm Rule indicator, which has been remarkably accurate throughout history, has…

Matthew Fox   


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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   


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2 mins read

‘Was unemployed for months, lost my lease and insurance’: Indian-origin engineer gets offer from Elon Musk’s Tesla, shares journey

An Indian-origin engineer in the U.S. shares his journey of securing a job at Tesla after sending 5…

Business Insider Latest Story Image
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   


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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   


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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

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   


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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   


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3 mins read

The US presidential election is 2 days away. Here's where things stand.

With Election Day days away, Harris and Trump are making their final appeals to voters in what cou…

John L. Dorman   


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2 mins read

Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates

July's job growth was 114,000, less than the expected 176,000. The unemployment rate also increased…

Madison Hoff   


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2 mins read

The US added very few jobs in October after hurricanes and strikes shook the economy

The final jobs report before the presidential election showed October's job growth was less than th…

Madison Hoff   


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1 min read

7 Democrats who could replace Biden if he drops his 2024 reelection bid

Biden's age has become a cause of concern among many voters, including some who are inclined to bac…

John L. Dorman   


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3 mins read

Trump is taking his message to the heart of some of the bluest cities in the US. Here's why.

Trump over the past year has polled more strongly with minority voters compared to 2020, which coul…

John L. Dorman   


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7 mins read

A battle over the future of US retirement is playing out in Pennsylvania as the election looms

Pennsylvania is among the top states with the fastest-growing older population. It sets the stage f…

Ayelet Sheffey   


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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   


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2 mins read

US stocks rally as big jobs-report miss fuels rate-cut hopes, Amazon soars

The weak jobs data was driven by hurricanes and labor strikes. Investors were encouraged that the r…

Matthew Fox   


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2 mins read

Stocks might 'go nowhere' for the rest of this year amid Fed uncertainty and US debt concerns, market vet says

The S&P 500 will get stuck around 5,800 for the rest of the year as rate cuts disappoint and concer…

Jennifer Sor