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Federal Government Shed 12,000 Jobs in July

Raj9 months ago01 mins

The U.S. government has lost 84,000 jobs since January as the Trump administration aggressively reduces the work force. Source link

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Big Downward Jobs Revisions Could Be a Warning Sign for the Economy

Raj9 months ago01 mins

Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market. Source link

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Big Downward Jobs Revisions Could Be a Warning Sign for the Economy

Raj9 months ago01 mins

Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market. Source link

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Weak Jobs Report Raises Chances of a September Interest Rate Cut

Raj9 months ago01 mins

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility. Source link

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Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks on Powell

Raj9 months ago01 mins

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993. Source link

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Stocks Drop as Trump’s New Tariffs Weigh on Markets

Raj9 months ago01 mins

President Trump’s newest barrage of tariffs, major corporate earnings reports and an imminent reading on the U.S. labor market weighed on markets. Source link

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Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong.’

Raj9 months ago01 mins

The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices. Source link

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Switzerland Is Stunned by 39% U.S. Tariff, Among the Highest in the World

Raj9 months ago01 mins

Swiss officials plan to negotiate furiously for a lower rate in the coming days, before the punishing levy takes effect. Source link

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Tensions Between Trump and Powell at Tipping Point Ahead of Fed Meeting

Raj9 months ago01 mins

President Trump wants lower interest rates, but Jerome H. Powell, the chair of the Federal Reserve, is not yet ready to deliver them. Source link

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E.U. Did Not Retain Texts Sought by Journalists on Covid Vaccine Deal

Raj9 months ago01 mins

The European Union acknowledged for the first time that a top official reviewed the messages, but said it had no duty to keep them, despite intense interest. Source link

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