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Recent US labor data shows a slowdown in job creation, with August adding only 80,000 jobs. Unemployment remains low at 4.2%, but signs of a cooling labor market are evident. Political interference and policy uncertainty are contributing to hiring hesitations, raising questions about economic resilience. Today's date & time: Thu, 11 Sep 2025 20:45:11 +0100.
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Recent data shows US median household income remained largely unchanged in 2024, with slight gains for the wealthy and stagnation for middle- and lower-income groups. Despite some regional growth, overall economic anxiety persists amid debates over wage growth, inflation, and government data credibility.
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The US Federal Reserve and Bank of England have paused interest rate cuts due to persistent inflation and economic slowdown. The Fed cited cautious signals, while the BoE expects to hold rates until inflation eases further. Market reactions reflect uncertainty about future monetary policy moves.
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Recent US labor market data shows a slowdown, with initial unemployment claims rising to the highest since October 2021. The Bureau of Labor Statistics (BLS) faces criticism after revising job creation figures downward by 911,000, raising concerns over data accuracy and political influence. The firing of BLS head McEntarfer highlights tensions over data integrity. Today's date & time: Thu, 18 Sep 2025 14:25:38 +0100.
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Erika McEntarfer was unexpectedly dismissed by President Trump after criticizing political interference in economic data. Her departure raises concerns about the independence of the Bureau of Labor Statistics, especially following revelations of significant overestimations of job creation and political appointee replacements. The controversy underscores tensions over data integrity and political influence.
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On October 1, 2025, the US implemented new tariffs: 100% on branded pharmaceuticals (exempting firms building US plants), 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture, and 25% on heavy trucks. Citing national security, the administration aims to protect domestic manufacturing but risks raising consumer costs and complicating economic policy amid inflation concerns.
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Federal Reserve Chair Jerome Powell signaled that the economic outlook remains unchanged since September, despite delays in official data caused by the government shutdown. The Fed is considering ending its balance sheet reduction and continues to forecast rate cuts this year, amid divided opinions on inflation and employment risks.
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US job cuts declined in September but remain high, with nearly 950,000 layoffs this year. Hiring plans are weak, and wage transparency is decreasing in the UK amid rising costs and economic uncertainty. Both markets face ongoing challenges, with potential rate cuts and automation strategies shaping the outlook.
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US stocks rallied Monday after President Trump issued conciliatory comments about China, reversing recent trade war threats. The market responded positively to signals of de-escalation, amid ongoing US-China trade tensions and economic uncertainties. The story highlights the volatile nature of markets driven by political rhetoric and economic policy shifts today, Wed, 15 Oct 2025.
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Global markets showed mixed reactions after US President Trump’s conciliatory comments on China, following a weekend of heightened trade tensions. US stocks recovered from Friday’s sharp losses, gold hit new highs, and European markets edged higher amid ongoing geopolitical uncertainty and economic data delays.
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The Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026, raising average monthly benefits by about $56 to $2,071 for 75 million Americans. The increase was delayed due to the government shutdown and reflects moderating inflation, but critics argue it remains insufficient for retirees facing rising costs.
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Candy prices are rising sharply this Halloween, driven by climate-related cocoa shortages and tariffs. Experts report a 10.8% increase overall, with chocolate treats up to 20% more expensive. Consumers are shifting toward non-chocolate options amid higher costs and supply chain disruptions.
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The US government did not release October inflation data due to a shutdown, complicating Federal Reserve decisions. September jobs data showed strong growth but rising unemployment, intensifying debate over interest rate cuts amid limited economic information.
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The US added 119,000 jobs in September, a sign of a softening labor market, but the unemployment rate increased to 4.4%. The data, delayed by the government shutdown, shows mixed signals about economic strength and influences Federal Reserve policy debates.
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US Thanksgiving food costs are volatile amid rising wholesale turkey prices due to avian flu, while consumer sentiment hits 40-year lows. Retailers and politicians present conflicting data on affordability, with some claiming prices are down, but wholesale costs and consumer worries suggest ongoing inflation pressures.
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Recent reports highlight aging populations and stagnant income growth in the US and Europe. In the US, income growth for workers aged 25-54 remains low at 1.6%, while Europe faces declining birth rates and shrinking working-age populations, threatening future economic expansion.
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Recent surveys indicate US consumer confidence has fallen to its lowest since April, driven by inflation, labor market concerns, and political uncertainty. Despite delayed official data, Americans report rising prices, especially in food and dining out, impacting spending and economic outlook. The Federal Reserve faces a delicate balancing act ahead of its rate decision.