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Another jumbo Fed cut is coming by year-end with the US labor market weaker than many think, Citi economist says
"We see this weakening labor market dynamic across a number of different data points: low hiring ra…
Filip De Mott
2 under-the-radar recession signals are flashing red this month, research firm says
BCA's Peter Berezin said that low-key data points in the labor market are clouding the view that th…
Kelly Cloonan
Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says
Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…
Filip De Mott
Konkan's cashew industry faces uphill battle with rising costs, labor shortages and limited raw material
In recent years, however, the Konkan region's once-thriving cashew processing industry has faced es…
ANI
AI will reshape the global labor force. Employers will need to help their workers keep up.
Artificial intelligence is poised to remake aspects of nearly all jobs. Employers will need to find…
Tim Paradis
The Fed has been 'shaken' from its path by a softening labor market, and will deliver steeper rate cuts as a result, JPMorgan says
The Fed is shifting its gradualist stance amid uncertain labor market data, which will prompt steep…
Kelly Cloonan
4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help
Trump has pledged to lower housing costs, but industry leaders and economists are worried some of h…
Eliza Relman
Cooling jobs data might beat out inflation in forcing the Fed to deliver a big rate cut, Goldman Sachs CEO says
Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger m…
Kelly Cloonan
A boomer who retired with a $2 million net worth despite working modest jobs shares his advice on retiring comfortably
An Idaho couple retired with a $2 million net worth by living frugally and making smart investment …
Noah Sheidlower
Homebuilders fear Trump's mass deportations would inflate costs and make it even harder to hire
Construction work relies heavily on immigrants. Industry leaders worry even the threat of deportati…
Eliza Relman
Under strain from war, Russia plans a massive layoff in its public sector: report
Russia is expected to lay off at least 40,000 government officials by July, according to a report b…
Hannah Abraham
Economists say Trump could give Americans the very thing they voted against
Trump's campaign promises of broad-based tariffs, mass deportations, and lower taxes are seen fueli…
Matthew Fox
4 major wins for YIMBYs on election night — and one loss
Pro-housing advocates won some major new funding for affordable housing in cities and states across…
Eliza Relman
Workers in 4 states are up for a raise. This map shows the minimum wage in every state.
Most states' minimum wages are above the federal level of $7.25. Some are voting to hike pay even m…
Juliana Kaplan,Madison Hoff
We heard from over 750 people who have recently struggled to find work. Here are their biggest frustrations with getting hired.
From recent high school graduates to retirees in their 70s, readers shared with BI their frustratio…
Noah Sheidlower,Jacob Zinkula…
Surging immigration will boost the US labor force and send GDP higher, Goldman says
"Elevated immigration has boosted labor force growth and, by extension, potential GDP growth," Gold…
Matthew Fox
Arizona is the epicenter of the debate over how Trump's mass deportation plan would hit the economy
The mass deportations former president Donald Trump is proposing could reshape labor markets, strai…
Noah Sheidlower
AI could force 12 million workers to switch jobs in coming years, causing unprecedented competition
Workers will need to retrain or skill up to stay competitive in the job market in coming years, lab…
Jennifer Sor
The 'coveted soft landing' is here, Biden's top labor official says — and it could set Americans up for an interest rate cut in September
The jobs market is moderating, but Americans are not facing a recession. It's a signal the Fed migh…
Ayelet Sheffey,Juliana Kaplan
A battle over the future of US retirement is playing out in Pennsylvania as the election looms
Pennsylvania is among the top states with the fastest-growing older population. It sets the stage f…