Tag: labor market
US job cuts surged 183% in October to a record 153K. Is this the end of America’s ‘no hire, no fire’ landscape?
Experts say the U.S. labor market is a “no-hire, no-fire” landscape, but are recent staff...
New University of Southern California Grads Reveal Their Starting Salaries—And the $45K Gap Between Majors Is Brutal
Fresh University of Southern California graduates are walking into six-figure tech and consulting roles while their...
Mortgage rates dropped this week amid fresh signs of job market weakness
Mortgage rates dropped slightly this week amid new signals that the labor market is weakening and...
Fed official sends strong signal on December interest-rate cut
The affordability buzz has apparently reached another Federal Reserve hawk. And his message...
Fed’s Miran says policy too restrictive, Goolsbee focused on inflation
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials on Monday continued pressing competing...
Fed ‘Chorus’ Comes Out Against Latest Cut, Citing Inflation
“I’d find it difficult to cut rates again in...
‘Godfather of AI’ says tech giants can’t profit from their astronomical investments unless human labor is replaced
Computer scientist and Nobel laureate Geoffrey Hinton doubled down on his warnings about how artificial intelligence will...
Fed official warns inflation is still too high for more rate cuts
Federal Reserve officials are divided again over the direction of interest rates. Kansas...
Tech pAIn trade, Trump-Xi readout
By Jamie McGeever ORLANDO, Florida (Reuters) -Tech shares on Wall Street took a beating...
New CPI data resets December Fed interest rate cut
Inflation is not as hot at the moment. Hence, your wallet and your portfolio...
Not all market bubbles — or crashes — are the same
A version of this post first appeared on TKer.co When I first got into...
No jobs report today. But there are plenty of other signs the labor market is in bad shape.
There was no jobs report today because of the government shutdown. But if you're...