Economy News Decaying Jobs Market Overtakes Inflation As U S Economy’s Biggest Threat

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

U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. economy hasn’t suffered much so far from increases in tariffs or a decline in the labor supply due to tighter immigration rules. But that might change. So says a new report from the ... 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. 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

After a Weak Summer, U.S. Job Market Shows Signs of Recovery With 51,000 New Jobs Expected

The delayed September jobs report is expected to show modest hiring gains as the labor market steadies after a mostly weak summer. Read More

Americans plan to spend big this holiday season even as they fret about the economy, Visa finds

Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More

The Nation’s Biggest Banks Are Saying the Economy Is Still Strong

The nation’s biggest bankers proclaimed this week that the economy is sturdy, the U.S. consumer is healthy, and they haven’t seen much change in recent months. Yet they still sounded uneasy about what ... Read More

This vital ingredient suggests the U.S. economy is still faring OK - with no recession brewing

Americans are still going out to eat despite rising worries about the economy. When the U.S. economy shows sign of stress, one of the first things Americans strike from their budgets are takeout ... Read More