Economy News Us Labor Market Resilience Keeps Economy Afloat As Year Ends

The Stock Market Keeps Shrugging Off Every Obstacle

One factor at play, as Opening Bell Daily has covered, is that “bad” economic news currently offers a boon to stocks because it raises the likelihood of dovish monetary policy. Payrolls processor ADP ... Read More

The US economy added 119,000 jobs in September, but unemployment rose to a nearly four-year high

A long-awaited jobs report offered a mixed picture of the US labor market. The economy added 119,000 jobs in September, an unexpected rebound for the labor market — but it comes as the overall economy ... Read More

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

‘Yikes’: Top investment bank looks under the hood of the economy and finds ‘the labor market doesn’t look that good’

A leading investment bank has delivered an arresting diagnosis of the U.S. economy: the labor market, long a pillar of resilience, may be in real trouble. In their latest economic outlook, UBS ... Read More

Charting the Global Economy: US Jobs Growth Tops Forecasts

US employment growth exceeded forecasts while the jobless rate ticked higher in September, illustrating a tenuous labor market that is unnerving American consumers. Despite the healthy advance in ... Read More

Economy shows ‘resilience’ despite ‘thorny issues,’ CSUF economists say

While the U.S. dodged earlier predictions this year of a mild recession, Cal State Fullerton economists say “thorny issues” remain related to inflation and “alarming” hiring conditions. This year, the ... Read More