RIYADH, Saudi Arabia — Major Wall Street CEOs see ongoing inflation pressures in the U.S. economy and aren't convinced that the Federal Reserve will continue its rate-easing path with a further two reductions this year. The Fed cut its benchmark rate by 50 basis points in September, indicating a turning point in its management...
Here’s where the jobs are for October 2024 – in one chart
Getty Images The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy. The biggest contribution last month came from health care and social assistance, with 51,300 new positions added in that area, per data...
Companies brace for Tuesday: Mentions of election surge on earnings conference calls
Voters walk to cast their ballots during early voting in the presidential election at a polling station at the C. Blythe Andrews, Jr. Public Library in Tampa, Florida, U.S., November 1, 2024. Octavio Jones | Reuters Executives at America's largest companies are talking publicly with investors about the presidential...
Jobless rate ticks higher in October for white Americans, bucking the broader trend
A jobseeker holds flyers during the New York Public Library's annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borough of New York, US, on Friday, Sept. 6, 2024. Yuki Iwamura | Bloomberg | Getty Images The unemployment rate for white Americans inched...