Solid Jobs Report Bolsters Fed’s Patience on Rate Cuts
The central bank is in wait-and-see mode amid extreme uncertainty about the economic outlook. Source link
The central bank is in wait-and-see mode amid extreme uncertainty about the economic outlook. Source link
Researchers attributed some of the difficulty finding jobs to larger societal shifts, including the growing use of artificial intelligence. Source link
The market has quieted down but Friday’s report could set off more turmoil. Source link
China sought to depict a call between Xi Jinping and President Trump as an appeal from one strongman leader to another to run a tight ship and stay on course. Source link
Downbeat business and consumer sentiment may not have translated into higher joblessness yet. Source link
A Times reporter wanted to ride in a Baker Electric, a model from the electric vehicle past. Enter the comedian with the famous garage. Source link
Despite signs that consumers are pulling back on some spending, businesses are cautiously hopeful about domestic tourism this summer season. Source link
It was the eighth rate cut in the past year, extending the bank’s divergence from the Federal Reserve, which has held rates steady since the end of last year. Source link
Traffic through the Suez Canal is down about 60 percent since 2023, even after Trump-ordered attacks on the Houthis and now a cease-fire. Source link
The sudden fallout ended a nearly yearlong partnership, during which Mr. Musk helped propel Mr. Trump to the White House and became one of the president’s top advisers. Source link