Category: News Feed

The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing

There's nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers "recession" let alone screams it.

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Unemployment among Asian workers and Black men rises in November while the overall rate declines

The unemployment rate for Asian workers and Black men rose in November, while the overall U.S.'s declined.

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Here’s where the jobs are for November 2023 — in one chart

Health care and government hiring led the way in November.

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U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%

Nonfarm payrolls were expected to increase by 190,000 in November, according to the Dow Jones consensus estimate.

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China vows to ‘moderately’ strengthen fiscal policy to bolster economic recovery

China's Politburo said Friday that it would continue to implement "proactive" fiscal policies and "prudent" monetary policies next year.

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‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims

The report identified Shell, Exxon Mobil, Glencore and Kraft Heinz as among the firms that saw profits "far outpace"

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Here’s what the market will be looking for in Friday’s key jobs report

Economists expect the Labor Department to report that nonfarm payrolls expanded by 190,000 last month, up from 150,000 in

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China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says

The Chinese economy still has a "steep hill to climb" despite a surprise pickup in exports and is unlikely

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Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy

The Bank of England warned on Wednesday warned that although household finances are faring better than expected, higher borrowing

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Private payrolls increased by 103,000 in November, below expectations, ADP says

Private sector job creation slowed further in November and wages showed their smallest growth in more than two years,

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