Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...
Private-sector job creation bounced back in October, according to a snapshot of the labor market that has become more closely watched in the absence of official federal jobs data.
Tighter monetary policy marked a turning point for the labor market that had been so employee-friendly. While the central ...
High-earning buyers and sellers still have choices and leverage, while everyone else faces shrinking options and rising costs ...
Key Takeaways The U.S. economy has grown increasingly concentrated in AI, with the biggest tech companies now making up about ...
The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ...
The Fed on Wednesday said the economy "has been expanding at a moderate pace," but it also said the risks of rising ...
"The mindset of the market is to embrace risk," one expert said. Weak jobs data came out hours before President Donald Trump fired the head of labor statistics. A report on gross domestic product ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...
I could not be more pleased with how well the stock market has performed over the past three months. Considering I have minimal exposure to the technology sector, the recent improvement in breadth has ...