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U.S. job openings barely budged in October, coming in just below 7.7 million
U.S. job openings held at 7.7M in October as quits fell and layoffs rose, signaling a cooling labor market amid tariffs and Fed rate debates.
OECD lifts global, US growth outlook for 2025
WASHINGTON (AP) — The world economy has proven surprisingly durable in the face of President Donald Trump‘s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year. The 38-country OECD now forecasts that the world economy will grow 3.2% this year, down a tick […]
Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently
A stalled “no-hire, no-fire” economy and rising costs have driven major companies from HP to Amazon to announce large layoffs, deepening worker anxiety.
Best Buy ups sales outlook heading into holiday shopping ramp-up
Best Buy raised its full-year forecast after strong third-quarter results, with computing, gaming and mobile driving 2.7% comparable-sales growth.
US retail sales rose slightly in September, adding to months of big gains
U.S. retail sales rose 0.2% in September as high prices and weak hiring pressured consumers, though stronger spending may boost third-quarter economic growth.
Japan OKs $135 billion stimulus package to help revive its sluggish economy
Japan unveils a $135B stimulus package to ease rising prices, counter U.S. tariff impacts and revive growth under new Prime Minister Sanae Takaichi.
US trade deficit drops 24% as tariffs cut imports
US trade deficit fell 24% in August as Trump’s global tariffs reduced imports, dropping the gap to $59.6B, Commerce Department reports.
Trump is ramping up a new effort to convince a skeptical public he can fix affordability worries
After election losses tied to affordability concerns, Trump pivots messaging to emphasize tax cuts, lower drug prices and progress on fighting inflation.
‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
Despite low unemployment, job seekers face the slowest hiring pace in over a decade as economic uncertainty, tariffs and AI fears stall recruitment.
US holiday sales expected to rise despite economic uncertainty
NRF forecasts U.S. holiday sales of $1.01–$1.02T, up 3.7–4.2%, even amid inflation, tariffs, and the ongoing government shutdown.
Trump warns US at risk if court ends his tariffs
WASHINGTON (AP) — President Donald Trump has warned that the United States will be rendered “defenseless” and possibly “reduced to almost Third World status” if the Supreme Court strikes down the tariffs he imposed this year on nearly every country on earth. The justices sounded skeptical during oral arguments Wednesday of his sweeping claims of authority to […]
Conservative Supreme Court justices appear skeptical of Trump’s sweeping unilateral tariffs
Conservative justices raised doubts about President Trump’s broad use of emergency powers to impose tariffs, a key test of executive authority.
