U.S. Employment Trends Improved in September Ahead of Shutdown
The Conference Board’s Employment Trends Index, or ETI, rose in September to 106.84 from an upwardly revised 106.68 in August, […]
Finance
If the boom in AI investment and wealth turns to bust, it could take the broader economy with it
Growth has been bolstered by data-center investment and stock-market wealth. A reversal could raise the risk of recession. Source link
German Business Sentiment Weakens on More Pessimistic Outlook
Confidence among German firms worsened in November as the Ifo Institute’s business-climate index edged down to 88.1 from 88.4 in
While President Trump and New York Mayor-elect Zohran Mamdani both campaigned on affordability, the issue is amorphous and poorly defined, WSJ’s @greg_ip writes
President Trump and New York Mayor-elect Mamdani both campaigned on affordability, but the issue is amorphous and poorly defined. Source
How CEOs got more comfortable with tariffs: We analyzed 5,000 earnings calls to find out
Trump’s trade war is a pain, but less so than many executives expected. Among products getting some relief from tariffs
Thanksgiving might actually be cheaper this year
Turkey, stuffing and cranberry prices are all lower, but skip the yams. Sweet potato prices have skyrocketed. Source link
Boston Fed President says she sees no strong need for another interest-rate cut next month, underscoring the challenge that Fed Chair Jerome Powell faces in building consensus
The remarks from Boston Fed President Susan Collins come a day after another another Fed official said there is room
An MIT graduate student rocketed to fame with an intriguing paper on AI in the workplace. Soon his mentors were asking: Had he made it all up?
Aidan Toner-Rodgers shot to academic fame in a field hungry for new insights and revelatory research. But a computer scientist
Trump said this week he expects lower interest rates once he can install a new Fed chair in May, but rising opposition to a December rate cut inside the central bank suggests he might not get his way
The president expects his next Fed chair to lower rates, but growing internal opposition shows the limits of a leadership
Canadian Retail Trade Remains Soft After Fall in September
Flat sales seen by Canadian retailers in October point to cracks in the consumers’ resilience as the fallout from the