New private sector data that suggests the labor market is hurting may become especially influential with Bureau of Labor Statistics data likely on hold amid the government shutdown.
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Fitting for 2025, a government shutdown is all but guaranteed to deliver even more uncertainty into the macroeconomic mix.
The roaring August demand put a serious dent in the glut of new homes on the market, with inventory falling to the lowest level this year.
In a speech in Rhode Island, Jerome Powell reminded Wall Street and the world that The Fed remains in a “challenging situation.”
American Express justifies the hike with more than $3,500 in benefits, including credits that go towards dining, flights, and entertainment.
An interest rate cut would mean a lot of things: one undoubtedly good one would be a housing market more welcoming to buyers.
The Federal Reserve is poised to cut interest rates this week, but whether the era of “higher-for-longer” rates is over is another matter.
The return-to-office orders have taken on new weight amid a softening labor market and broader economic anxiety.
According to US Customs, untaxed “de minimis” shipments accounted for 92% of all cargo entering the US, or 4 million packages a day.
Morgan Stanley analysts think the US economy has been in a “rolling recession” since 2022 — and it may already be almost over.
The latest jobs report appeared to confirm that America’s labour market is slowing, which may clinch the rate cut markets are salivating over.
Small, mountainous Switzerland — a country that ranks 61st in the world by total area — is one of the world’s biggest investors in the US.
In an interview with Barron’s, Lowe’s CEO Marvin Ellison said a rebound is inevitable in America’s something’s-gotta-give housing market
Two key forces were to thank: consumers, who spent more than original estimates, and businesses, which did the same.
India now sources 39% of its crude oil from Russia, compared to just 1% before Russia’s invasion of Ukraine.
While the pain to building owners has been deep and long-lasting, the predictions of Office Armageddon are proving somewhat premature.