High-stakes February jobs report expected to show hiring cooled off
The Labor Department's February payroll report will shed light on the health of the labor market amid steeper interest rates when it is released on Friday.
Mortgage rates climb for fifth week on job growth and inflation
The Federal Reserves renewed hawkishness as inflation continues has sent Mortgage rates soaring to the highest its been since November.
Jobless claims rise sharply to highest level since December
Applications for U.S. unemployment benefits last week climbed to the highest level since late December, pointing to some softness in the labor market.
You can’t fire them, they quit
There are still far more job openings than there were before the pandemic giving the Federal Reserve an opening to attack inflation with steeper rate hikes.
Steeper Fed rate hike back on table after Powell's hawkish testimony
Bets are climbing that the Federal Reserve raises interest rates by a half-percentage point later this month in the face of stubbornly high inflation.
Home Depot founder schools Fed, Biden over the 'tragedy' that comes with inflation
Home Depot co-founder and billionaire Ken Langone warns inflation is "the most regressive tax of all," arguing Joe Biden and Jerome Powell can't avert a serious financial crisis.
Job openings dipped in January but remain historically high
The Labor Department reported on Wednesday that there were 11 million job openings at the end of January, a sign the labor market remains extremely tight.
Stock market will crash in 60 days, best-selling author on Lehman collapse warns
Market risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder Larry McDonald advises on how to allocate your capital.
The Fed is expected to raise its interest rate hikes this year
The Fed is expected to increase its interest rate hikes after recently slowing down the pace. Fed Chair Jerome Powell told a Senate panel that the central bank may keep raising rates in light of stubborn inflation and a growing economy. Here’s how to deal with high-interest debt under any economic condition.
Private sector job growth grows by 242,000 in February, better than expected: ADP
Private U.S. companies added 242,000 new workers in February as the labor market remains strong even in the face of inflation and rising interest rates.
Larry Summers offers projection of how high Fed will lift interest rates, says recession could happen
Larry Summers on Monday offered his 'best guess' of how high the Federal Reserve will hike interest rates and said there could potentially be a recession.
Fed's Jerome Powell, Sen. Elizabeth Warren clash in tense exchange over rate hikes
Federal Reserve Chair Jerome Powell fired back at Sen. Elizabeth Warren in a tense exchange Tuesday over the potential impact of the central bank's interest rate hikes.
Americans feeling most pessimistic about financial future since 2010, survey shows
A Fannie Mae survey shows that Americans are increasingly pessimistic about their financial prospects amid rising interest rates and stubborn inflation.
Fed Chair Powell says interest rates are ‘likely to be higher’ than previously expected
The Fed may need to raise interest rates more than previously expected amid signs that inflationary pressures in the economy remain abnormally strong.
Fed Chair Powell in congressional hot seat as sticky inflation squeezes Americans
The Fed said in its semi-annual monetary report to Congress that additional interest rate hikes are necessary with inflation remaining abnormally high.
Fed’s rate moves put manufacturing sector at risk
Inflation and a slowdown in international demand threaten US manufacturing base. A looming recession and weaker manufacturing data has experts worried.
Jamie Dimon says Ukraine war, China his biggest economic concerns
JPMorgan Chase CEO Jamie Dimon warned on Monday that the war in Ukraine, and what it means for U.S. relations with China, are the top economic concerns.
Home prices could face double-digit drop in these 4 cities, Goldman Sachs warns
Goldman Sachs analysts warned in an analyst note that housing prices could drop by double-digits in four major U.S. cities that became pandemic boom towns.
Housing affordability is at the lowest level in over a decade
Americans' ability to buy a house is at the lowest level since 2006 because of high mortgage rates and steep home prices, according to Atlanta Fed data.
Fed signals more interest rate hikes needed to fight sticky inflation
The Fed said in its semi-annual monetary report to Congress that additional interest rate hikes are necessary with inflation remaining abnormally high.


















