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US RECESSION 2024
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
Key US government surveillance program is set to expire. A look at what that meansA vital US spy program, Section 702, has expired. Congress failed to extend its powers. This tool helps prevent terror attacks and track fo...
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertaintyThe persistently low number of claims suggests that most U.S. companies have not resorted to layoffs. But even if they're not cutting jobs,...
US jobless claims rise to 215,000 but remain low despite Iran war uncertaintyAmericans sought more unemployment benefits last week. Layoffs remain low despite economic uncertainty. Jobless claims are up to 215,000. T...
Trump officials tried to ban half of US voting machines, citing conspiracy theoriesA Trump administration plan aimed to ban Dominion voting machines. Officials considered declaring components national-security risks. This ...
US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertaintyJobless claims saw a dip last week, indicating continued low layoffs. However, the economy faces significant challenges. The Iran war has d...
Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising ...
US Stock Market: US Treasury Bond Yields near 5% again as inflation fears shake Wall StreetWall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US ...
Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
US stock market today hits new records as Nasdaq crossed 25,000 for the very first time: Dow Jones, S&P 500 and Nasdaq surge as Wall Street begins May with massive rally - Apple leads gainsUS stock market today opens May with rare strength. Momentum feels real, not forced. The Dow Jones Industrial Average climbs near 49,815. T...
US jobless aid filings fall to 189,000 despite economic headwinds and war in IranUS jobless claims dropped significantly last week, falling below 200,000. This occurred despite ongoing economic challenges, including the ...
US jobless claims fall last week as layoffs remain low despite global economic uncertaintyJobless claims in the U.S. have decreased, staying within recent years' levels. This comes as the Iran conflict creates global economic wor...
US Recession 2024 fears: Is it happening? Here is what data revealsThe US stock market has hinted that fears over possible recession have gripped the sentiments across. Here are parametres that may help det...
U.S heading for a recession? Here are all the key indicators that point towards itDespite a 2.5% U.S. GDP growth, concerns about global economic impacts from China's slowdown have been rising for weeks.