Global News Aggregator
Hybrid work is “firmly established”, the survey noted. (Representative pic) A new survey conducted by The Conference Board has found that chief executive officers (CEOs) are prioritising bringing workers back…
US employers added a surprisingly strong 199,000 jobs last month, a signal that the economy’s momentum has continued despite the Federal Reserve’s rate-hiking campaign. November’s payroll gain was above the…
For an economist as I am, Federal Reserve Chair Jerome Powell’s press conferences have become ever more painful to watch. It’s not because of Powell’s polished answers to the journalists’…
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced inventories. Thursday’s estimate…
Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but…
The US economy added jobs at a solid clip in February, likely ensuring that the Federal Reserve will raise interest rates for longer, though wage inflation showed signs of cooling.…
Four US cities that experienced housing booms during the COVID-19 pandemic are set for major declines in home prices by the end of next year, according to Goldman Sachs analysts.…
The stock market is set to go “back to the meat grinder” this year despite a recent minor rally, with the broad-based S&P 500 potentially plummeting by 50% in a…
Early in her State of the State address Tuesday, Gov. Hochul cited widespread fears of crime and the sky-high cost of living as threats to New York’s future. She said…
We Americans can foresee two significant economic risks in 2023. The first one is a probability that the Federal Reserve will get weak-kneed and stop raising interest rates before inflation…