Decaying Jobs Market Overtakes Inflation As Us Economys Biggest Threat
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Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - 12h -
Axos Financial: how the US bank became one of Trump’s biggest backers
The online lender has thrived as it helped extend $400m in loans with its biggest individual investor, Don Hankey. As the dust started to settle after the deadly 6 January Capitol attack in 2021, ...The Guardian - 1d -
The US labour market is not cooling
And replies on stablecoinsFinancial Times - 2d -
Trump deportation threat puts US on collision course with Vatican
Pope’s appointment of progressive Robert McElroy comes as rightwing Catholics wield notable influence in US capital. When the Texas attorney general, Ken Paxton, sought to shut down a Catholic ...The Guardian - 2d -
Coco Gauff and Taylor Fritz give US a double threat at Australian Open
This year marks the first time in nearly 20 years that both an American man and woman are seeded in the top four of a major. Analyzing a grand slam draw before the tournament begins is a fraught ...The Guardian - 2d -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - 2d -
US activist Weinstein wants to be ‘white knight’ of UK stock market
Saba Capital founder says aim of his firm’s campaign against seven investment trusts is a new strategy to help small investorsFinancial Times - 3d -
Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why
The job market has shown resilience with unemployment falling to 4.1 percent last month.Inc. - 4d -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 4d -
Watch live: Biden to discuss economy after US added 256K jobs in December
President Biden will deliver remarks Friday evening about the state of the economy and the most recent jobs report, which showed the country added a whopping 256,000 jobs last month. This report ...The Hill - 4d -
Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - 4d -
US job market soars past expectations in last report before Trump retakes White House
Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...The Guardian - 4d -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - 4d -
US adds whopping 256K jobs in December
The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released Friday by the Labor Department. The December jobs report showed the U.S. ...The Hill - 4d -
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.NBC News - 4d -
Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.CNBC - 4d -
Investors are on edge as Friday’s jobs report could make or break the stock-market rally
Rising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a brief reprieve from the mounting tension.MarketWatch - 5d -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - 5d -
Ranking the Celtics' 10 biggest threats in their quest to repeat
After Wednesday's Cavs-Thunder showdown, Chris Forsberg shares his take on the top NBA teams and how they match up with the Celtics.Yahoo Sports - 5d -
Truss issues legal threat to PM over claim she crashed economy
No 10 insists millions of people share Sir Keir's view of the Truss government's economic record.BBC News - 5d -
Tariff threat looms over the year's biggest electronics show
Tech companies big and small are offering bold visions of AI-backed products that could be headed into our everyday lives soon. Unless tariffs trip them up.NBC News - 6d -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - 6d -
The market’s wobbling. Here are BlackRock’s shields for the biggest risks.
Here are the hedges the $11 trillion asset manager recommends for the concerns weighing on investor minds.MarketWatch - 6d -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - Jan. 7 -
Will US markets keep rising under Trump?
Economic uncertainty and frothy valuations jar with investor optimismFinancial Times - Jan. 7 -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - Jan. 7 -
Is the US stock market in bubble territory?
Valuations might be frothy but don’t seem nuttyFinancial Times - Jan. 7 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - Jan. 7 -
The US stock market has never been more concentrated. Does it matter?
World’s biggest game of JengaFinancial Times - Jan. 7 -
China's Xi Jinping says corruption is the 'biggest threat' to the Communist Party
Corruption is the biggest threat to China’s Communist Party, President Xi Jinping said Monday, in a warning that he is resolved to tackle the entrenched problem.NBC News - Jan. 6 -
Did the US jobs market hold up?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 5 -
Forget talk of defending workers, the US visa feud is about the market’s needs
Whether in America or Britain, working-class people only matter when immigration is an issue. On the one side stand Silicon Valley moguls and leaders of corporate America; on the other, ...The Guardian - Jan. 5 -
Honduras threatens to expel US military over Trump deportation threat
Honduran President Xiomara Castro issued President-elect Trump a stark warning earlier this week over his vow to pursue mass deportations when he returns to the White House, threatening to bar U.S. ...The Hill - Jan. 4 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
Who's left on MLB free-agent pitching market? Roki Sasaki is biggest puzzle piece in arms picture.
Five teams have successfully addressed their rotation needs. Which clubs are still searching for help? And most important: what seven arms, including Sasaki, are still available?Yahoo Sports - Jan. 3 -
Massive cleanup under way in Ghana after fire destroys one of world’s biggest secondhand markets
Thousands of traders face ruin after blaze razes two-thirds of Accra’s Kantamanto, which receives an estimated 15m used clothes from global north each week. A huge cleanup operation is taking place ...The Guardian - Jan. 3 -
Blast of frigid US weather revives volatility in heating fuel markets
Parts of the country may face the coldest January in more than a decade after years of warmer winter temperaturesFinancial Times - Jan. 3 -
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.CNBC - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2 -
South Korean investors pile into US equities as domestic stock market languishes
Retail investors expect Trump rally to continue and Tesla is a favourite with Musk praising country’s ‘smart people’Financial Times - Jan. 2