Tag: U.S. economy
U.S. Job Growth Slows in December as Employers Add 50,000 Jobs
The U.S. economy created fewer jobs than expected in December, although a modest decline in the unemployment rate reinforced expectations that the Federal Reserve...
U.S. CPI Increases 2.7% in November, Below Expectations
U.S. inflation increased by less than expected in November but remained above the Federal Reserve’s target, according to the first set of consumer price...
Delayed BLS Report: U.S. Job Growth Tops Forecasts in November
The U.S. economy created more jobs than expected in November, although the unemployment rate increased slightly faster than forecasts, according to data released Tuesday...
Kevin Warsh Emerges as Top Pick to Replace Powell as Hassett...
Kevin Warsh has emerged as the new frontrunner to replace Jerome Powell as Chair of the U.S. Federal Reserve, following growing resistance to Kevin...
Fed Delivers Third Rate Cut, Leaves Future Easing Outlook Steady
The Federal Reserve cut interest rates by 25 basis points on Wednesday, marking its third rate reduction this year. Despite the move, the Fed...
Wall Street Shock: Oppenheimer Sees S&P 500 Hitting 8,100 in 2026
Oppenheimer Asset Management announced on Monday a year-end 2026 target of 8,100 for the S&P 500, marking the most optimistic forecast among major Wall...
Wall Street Boosts Bets on a December Fed Cut Before Key...
Morgan Stanley, Standard Chartered and Nomura are the latest major brokerages to predict that the U.S. Federal Reserve will cut interest rates in December....
Trump Slams Fed Chair Powell Again: ‘I’d Fire Him’
U.S. President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Wednesday. He argued that Powell has been too slow to...
Gold Drops as Fed Rate Cut Hopes Fade, but Week Still...
Gold prices fell on Friday, giving back earlier gains as expectations for a Federal Reserve rate cut in December continued to fade. Lower chances...
Gold Edges Higher on Economic Fears as Rate-Cut Bets Cool
Gold prices rose during Asian trading on Friday as growing uncertainty around the U.S. economy encouraged investors to seek safety in the metal. However,...
