US companies added 208,000 jobs in September, beating expectations: ADP
Private companies onboarded 208,000 new workers in September despite growing concerns that the Federal Reserve will trigger a recession with its war on inflation.
Housing market in the United States headed for major slowdown
Wall Street firms predict a sharp decline in U.S. home prices in coming months as the Federal Reserve raises interest rates at the fastest pace in decades.
Fed governor warns inflation fight could take 'some time'
Federal Reserve Governor Philip Jefferson said on Tuesday that central bank policymakers are "resolute" in wrestling inflation back under 2% with higher rates.
Job openings unexpectedly plunge in August to lowest level since June 2021
The Labor Department reported on Tuesday that there were 10.1 million job openings at the end of August, lower than economists expected as the labor market cools off.
91% of CEOs see tougher recession: KPMG
Recessionary fears are top of mind for the nation's CEOs, many of whom are positioning their businesses for a sharper downturn.
UN urges Fed to pause interest rate hikes on global recession fears
The United Nations on Monday warned that the Federal Reserve could drag the global economy into a recession with its rate-hike campaign design to crush inflation.
US home prices drop at fastest pace since 2009
High inflation and rising borrowing costs have proven to be a lethal combination for the housing market, forcing potential buyers to pull back on spending.
The strongest US dollar in 20 years is a double-edged sword
Risk aversion amid growing fears about a global recession has sent investors fleeing toward the greenback as a safe haven, but a strong U.S. dollar has both pros and cons.
Fed's Brainard warns restrictive interest rates may be needed 'for some time'
Federal Reserve Vice Chair Lael Brainard warned Friday that central bank policymakers will need to raise interest rates higher and keep them elevated for some time to fight inflation.
Fed's preferred inflation gauge accelerated more than expected in August
A key measure of inflation that is closely monitored by the Federal Reserve rose faster than expected in August as prices remain near a four-decade high.
Fed enlists six major banks for climate risk analysis
The Federal Reserve Board announced Thursday that it will conduct a climate risk analysis involving six of the largest U.S. banks beginning next year.
Fed officials warn of additional interest rate hikes to fight inflation
Several Federal Reserve officials this week endorsed additional interest rate hikes as the central bank tries to bring inflation under control by slowing the U.S. economy.
Jobless claims unexpectedly drop to lowest level in 5 months
Applications for unemployment insurance fell again last week, indicating that employers are still avoiding layoffs in the historically tight labor market.
Final GDP reading shows US economy shrank 0.6% in the spring, cementing start of recession
The Commerce Department said its final reading of second quarter gross domestic product data on Thursday shows the economy shrank 0.6% in the spring, indicating the start of a recession.
Final GDP reading likely to confirm US economy entered a recession in the spring
The Commerce Department will release the third and final estimate of Q2 GDP on Thursday, providing evidence over whether the economy is in a recession.
Stanley Druckenmiller sees high chance of recession in 2023: 'We are in deep trouble'
Duquense Family Office CEO Stanley Druckenmiller is anticipating a recession next year, warning that the economic downturn could be "really bad," as the Federal Reserve tightens monetary policy with continued interest rate increases
Pending home sales tumble 24% in August, falling for third straight month
Sales of previously owned homes tumbled in August as home ownership became increasingly unaffordable for many prospective buyers thanks to higher mortgage rates.
Mortgage rates could soon top 7% as Fed fights inflation
The Federal Reserve's fight against inflation and a housing shortage could send mortgage rates soaring above 7%, according to Bank of America economists.
Wharton's Jeremy Siegel rips Fed for mishandling inflation, driving country towards 'deep recession'
Wharton business school professor argues the Federal Reserve's "inexcusable" monetary policy has created the inflation crisis on "Cavuto: Coast to Coast."
US new home sales unexpectedly surge in August
New single-family home purchases surged nearly 29% in August from the previous year, jumping more than expected as homebuyers tried to lock in lower mortgage rates.

















