Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.
The rapid adoption of artificial intelligence could reduce wages, but so far is creating, not destroying jobs.
The US still hasn’t escaped a recession. Also, the party that can’t define “women” wants to protect them, while Biden fumbles questions from children.
A rising number of economists are warning that the U.S. economy may face a broader crisis as a result of the collapse of the Silicon Valley Bank.
The World Bank warned that the global economy could slip into a recession.
Treasury Secretary, Janet Yellen notified Congress that the U.S. will reach its statutory debt limit next Thursday. Yellen asked House Speaker Kevin McCarthy (R-Calif.) to suspend or increase the debt limit to be able to