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JOBLESSNESS CONCERNS
Americans growing more worried about jobs amid rising prices, finds NY Fed survey* NY Fed survey finds rising worry over future unemployment * NY Fed poll finds little change in expected inflation * NY Fed survey reports...- Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
- Currency markets subdued ahead of pivotal central bank weekAs the week kicks off, major currencies hover in narrow trading bands amidst pivotal central bank meetings. Oil prices experienced a declin...
- Charting the global economy: Euro area business activity coolsThe euro area’s private sector slowed more than expected in October, weighed down by France as the region’s No. 2 economy grapples with fis...
- US bond market down: Why are 10-year, 30-year, 2-year treasury yield notes are falling? Check latest predictionsUS bond Yields have dropped in recent days, as concerns about a slowdown in AI spending and its impact on economic growth have overshadowed...
- US stocks today: US stocks slide as AI spending jitters hit Nasdaq, oil prices reboundUS stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Met...
- The fake commute: How China's unemployed save faceUnemployed individuals in China are pretending to be employed to avoid family concerns about their jobless situation. Many are sharing tips...
- USD rate: Why is US Dollar down from 18-month peak?USD rate: Government bonds rallied and the dollar pulled back, reflecting cautious remarks from Federal Reserve officials that further cool...
- The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
- AI crowds out fresh grads at Wall Street tech hubs in IndiaThe landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI. As machines tackle more mu...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- US stocks: US markets dip as surging Treasury yields overshadow software gainsWall Street encountered a downturn as escalating Treasury yields affected investor confidence in high-priced stocks. Despite solid performa...
- As the coding boom fades, computer science grads focus on AI skills in choppy job marketThe elevated jobless rate in the field - at around 7.1% for recent computer science and computer engineering graduates, according to an Ass...
- Why US stocks are down: Dow, Nasdaq slide as Iran tensions push oil, yields higher amid Trump-Xi talksWall Street's main stock indexes fell as Middle East tensions weighed on financial markets. Oil prices have risen, which is causing a spike...
- US stocks today: US stocks rebound as tech rally gains momentum on easing oil, yieldsUS stocks rebounded sharply on Thursday, led by technology shares as easing oil prices and lower Treasury yields offered relief after the F...
- BIS chief Pablo Hernández de Cos warns of a second-round inflation threat from energy pricesCentral banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...
- Global Market Today: Asian stocks rise as Fed rate-hike bets easeMSCI’s Asia Pacific equities gauge climbed 0.3%, led by South Korea’s benchmark after Fed Governor Christopher Waller said he would support...
- Kharge dismisses Modi's GDP video as 'PR on economy', flags rise in prices, joblessnessCriticising PM Modi's economic claims, Kharge said common people face unemployment, price rise and inequality. He highlighted unemployment ...
- Gold holds ground after 3% drop on Warsh's hawkish stanceOn Monday, gold prices held steady following a noteworthy decline. Federal Reserve Chair Kevin Warsh suggested that interest rate hikes cou...
- Gold treads water ahead of Fed Warsh's Jackson Hole speechIn early Asian trading on Friday, gold prices slipped slightly as markets geared up for an anticipated address by Federal Reserve Chair Kev...
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