Economy News U S Job Growth Exceeds Expectations

No jobs report again. But these numbers show how the U.S. economy is doing.

Investors are set to miss out on the second U.S. jobs report in a row due to the government shutdown, but there’s enough scattered evidence to suggest the economy is hanging in there. Read More

Fed's Powell Addresses Economy Pulled Between Risks to Growth, Jobs and Prices

PHILADELPHIA (Reuters) -Federal Reserve Chair Jerome Powell on Tuesday delivers his last scheduled remarks before the Fed's next meeting with the economy enjoying stronger-than-expected growth and a ... Read More

The US economy saw 'essentially no job growth' last month: Moody's

A leading economist is warning that job creation in the U.S. economy is slowing to a crawl as the ongoing government shutdown precluded the release of the September jobs report last week. Moody's ... Read More

Economists See Stronger US Growth, but Weak Job Gains and Stickier Inflation

WASHINGTON (Reuters) -Surging business investment is expected to offset weaker growth in consumption and global trade and keep the U.S. economy growing near trend, according to a National Association ... Read More

AI surge lifts U.S. growth but job effects remain limited: Bank of America Institute

The Bank of America Institute said that while AI investment has “room to run,” the sustainability of growth depends on whether the investment wave expands beyond technology and data infrastructure. If ... Read More

Powell: Slowdown in U.S. hiring suggests economy still needs rate cuts

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

Cracks emerge in Texas’ economy as job growth slows

Unprecedented new tariffs. A sweeping immigration crackdown. Widespread federal jobs cuts. Several months into a whirlwind of federal policy shifts, the U.S. economy has noticeably cooled, and recent ... Read More

AWS exceeds Wall Street’s expectations as demand for cloud infra remains high

“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of Amazon said in the company’s earnings announcement. “We continue to see strong ... Read More