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Treasury Secretary Bessent says U.S. GDP could take a hit from the government shutdown

The Cabinet official spoke on the second day of the government closure.

Industry 20h

Here is why cargo pilots are furious with the FedEx CEO

FedEx employs over 5,800 pilots and is the world's largest cargo airline.

Industry 22h

Stock Market Today: Nike, Eli Lily surge; Robinhood slips

Here are the stocks that made the biggest moves today.

Industry Yesterday 05:05

The government shutdown is likely to cement additional Fed interest rate cuts

Chair Jerome Powell and his fellow central bankers likely will err on the side of caution, which would be a bias towards easing.

Industry Yesterday 02:00

Heres the truth about what's actually going on in the jobs market

ZipRecruiter‘s Labor Economist breaks down the truth about today’s job market.

Industry Yesterday 01:27

Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout

Private payrolls saw their biggest decline in two-and-a-half years during September, ADP said.

Industry Two days ago
ADP Payrolls Unexpectedly Crater To -32,000, Worst Since March 2023 And Below All Estimates

ADP Payrolls Unexpectedly Crater To -32,000, Worst Since March 2023 And Below All Estimates

Ahead of today's ADP print we said that traders will be especially focused on the otherwise unreliab

Industry Two days ago

Pfizer to offer cheaper US drugs via Trump\s website in new deal

Pfizer says prices for some drugs will be cut by up to 85% on the direct-to-consumer TrumpRx site.

Industry Three days ago

Consumer confidence is lower than expected as Wall Street braces for shutdown data blackout

Consumer confidence edged lower in September ahead of an expected data blackout caused by the looming government shutdown, the Conference Board reported.

Industry Three days ago
The GDP Illusion: Why Economic Growth Is Losing Its Meaning

The GDP Illusion: Why Economic Growth Is Losing Its Meaning

Growing up, illusions were a wonderful thing. Watching David Copperfield fool the audience on televi

Industry Three days ago

Boston Fed President Collins sees caution on future interest rate cuts

Collins on Tuesday expressed support for the recent interest rate cut but skepticism on future moves.

Industry Three days ago

France On The Brink: Debt Spiral And Political Paralysis

France remains paralyzed even after its latest government reshuffle. Time is running out to consolid

Industry Three days ago

Another city is slapping visitors with a tourist tax

The add-on hotel and accommodation fee goes into effect in April 2026.

Industry Three days ago

The resilient stock market may be keeping the economy out of a recession

Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.

Industry In a week

The resilient stock market may be keeping the economy out of a recession. Why that's a bad thing

Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.

Industry In a week
Slowdown Signals: Are Leading Indicators Flashing Red?

Slowdown Signals: Are Leading Indicators Flashing Red?

Lately, theres been a growing sense of confidence among investors that the U.S. economy has dodged t

Industry In a week

Core inflation rate held at 2.9% in August, as expected, Feds gauge shows

The personal consumption expenditures price index for August was expected to increase 2.9% from a year ago.

Industry In a week
Real-World Impact Of Trump's New Drug Tariffs To Remain Negligible, UBS Tells Clients

Real-World Impact Of Trump's New Drug Tariffs To Remain Negligible, UBS Tells Clients

Update:President Trump fired off a Truth Social post Thursday evening outlining imminent plans for 1

Industry In a week
Trump Announces New Round Of Tariffs On Drugs, Heavy Trucks And Furniture

Trump Announces New Round Of Tariffs On Drugs, Heavy Trucks And Furniture

In a day already overflowing with news, late on Thursday President Trump announced a fresh round of

Industry In a week

Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

Initial claims for unemployment insurance were expected to total 235,000 for the week ending Sept. 20.

Industry In a week
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