Browsing: Economy
Chicago Federal Reserve President Austan Goolsbee on Monday said that central bank policymakers will respond to any weakness in the U.S. economy as renewed recession fears sparked a broad market…
Chicago police are looking for a man they say attacked three people with a “hatchet-like object” after he was denied free food by a cashier at a McDonald’s, local FOX…
Japanese stocks have suffered their largest single-day decline since the 1987 Black Monday.The Nikkei share average dropped 12.4% on Monday, marking its worst percentage decline since the October 1987 crash.The…
Economists at Goldman Sachs raised the likelihood of the U.S. economy slipping into a recession within the next 12 months from 15% to 25% while continuing to view the risk…
Billionaire Elon Musk said Sunday the Federal Reserve was “foolish” to not have cut interest rates sooner in the wake of a lackluster jobs report that raised concerns about an…
Job growth sputtered in July as many industries like manufacturing, retail and trade pulled back on hiring. Employers added 114,000 jobs in July, the Labor Department said in its monthly…
The weaker-than-expected July jobs report triggered a reliable recession indicator that Wall Street closely monitors, reigniting concerns about the health of the U.S. economy and sparking a steep market sell-off.…
U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the highest level in nearly three years. The Labor Department reported Friday that employers added 114,000…
The Federal Reserve laid the groundwork for a September interest rate cut at the conclusion of its two-day meeting Wednesday, but the much-anticipated reduction may offer little relief to Americans…
Whoever takes the White House in November, the blueprint for keeping the U.S. manufacturing sector humming is pretty simple, thanks in large part to the 2017 tax cuts enacted during…