Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned. Original Image Link Source:www.msn.com
Coast’s Daniel Simon examines how the A.I. infrastructure boom is transforming the electricians, HVAC crews, plumbers and other trades businesses building the physical economy behind the ... Original Image Link Source:observer.com
Economists have long viewed the postpandemic economy as "K"-shaped. That consensus has now lifted, with letters like "C" and "E" floating around academic circles and Wall Street trading rooms alike. Original Image Link Source:www.cnbc.com
Forecasters had expected gains of about 84,000 new jobs in September, consistent with a stable but sluggish labor market. Original Image Link Source:www.msn.com
The latest data revives doubts over how much more tightening America’s economy can take. It also leaves the Fed balancing both a cooling labour market and stubborn inflation. Core PCE, the Fed’s preferred measure of inflation, Original Image Link Source:www.economist.com
David Kelly, chief global strategist at J.P. Morgan Asset Management, joins 'Squawk on the Street' to discuss recent job reports, the state of the economy, and more. Original Image Link Source:www.cnbc.com
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