The Latest Breaking News on Economy

Avoid stocks negatively affected by rate hikes

We expect the SET Index to continue to be volatile given the higher global recession risk, as many central banks are expected to keep raising interest rates to fight inflation. Adding to the negative factors, the US dollar continues to strengthen against other currencies and the prolonged Russia-Ukraine war has…

Bangkok Post · Oct 7, 2022

What Friday's jobs report means for Fed's inflation fight

For most Americans, Friday’s September jobs report was welcome news: Businesses kept hiring at a brisk pace, unemployment fell back to a half-century low and average pay rose

The Independent UK · Oct 7, 2022

Survey: Odds of a US recession by mid-2024 now hit 65%

The U.S. economy’s odds of avoiding a recession are narrowing — and quickly.

Tribune News Service · Oct 7, 2022

The broken US economy breeds inequality and insecurity. Here’s how to fix it

On one side, oceans of wealth and power. On the other, precarity and powerlessness. But we have the tools for reform

The Guardian - US · Oct 7, 2022

US employers added 263,000 new jobs in September as ‘cracks’ appear in labor market

Jobs market growth has remained robust despite rising interest rates and fears of a recession, but how long it can maintain trajectory is unknown

The Guardian - US · Oct 7, 2022

U.S. economy adds 263,000 jobs in September

Monthly job gains have slowed from the breakneck pace that defined the pandemic recovery.

Axios · Oct 7, 2022

Tyler Cowen: A crisis is coming in Europe. The only question is, which kind?

European governments are facing a choice of which kind of crisis to have: an energy crisis or a fiscal crisis. The global economy may hang in the balance.

Tribune News Service · Oct 7, 2022

US hiring likely slowed last month (which may be good news)

The piping-hot U.S. job market may be cooling off, if only slightly

The Independent UK · Oct 7, 2022

Friday's Jobs Number Could Move Markets: What You Need To Know

A potentially pivotal economic indicator is coming Friday via a monthly jobs report. Here's what you need to know ahead of the number.

Benzinga · Oct 6, 2022

What a dream scenario September jobs report would look like

Higher labor force participation is key for the economy.

Axios · Oct 6, 2022