Jobs News U S Bank Ceos See Economic Pessimism Lifting, But Focus On Costs, Jobs

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

JPMorgan, Citigroup and Wells Fargo all used "resilient" to describe U.S. consumers — even as they grapple with tariffs and a weakening job market. Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

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 more this year. Read More

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

Economists see stronger US growth, but weak job gains and stickier inflation

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 for Business Economics ... Read More