The Fed cut rates to 3.5%–3.75%, but rising layoffs, bankruptcies, and weak growth are fueling fears of a US recession.

To borrow a phrase made famous by Sesame Street, today’s economy is brought to you by the letter K and the number 175,000. Adopting letters as stand-in descriptors for economic conditions is a ...

Mark Zandi is worried that the labor market no longer has a buffer. So many Americans are “already living on the financial ...

That’s the most since 2020—but then you have to go back to 2009 to find when companies let so many workers go.

The dollar index remains in a well-defined down-channel near 98.8 while 10-year US yields push up toward 4.15–4.20%, an ...

The number of candidates looking for jobs increased at the second-fastest rate since November 2020, when the economy was ...

The answer is simple. They are scared stiff of rising unemployment, even if the reason for this has nothing to do with ...

Layoffs in November were lower than in October, according to consulting firm Challenger, Gray & Christmas, but were higher ...

A POPULAR bakery chain has abruptly shut up shop at one of its locations just weeks before Christmas. East Bristol Bakery in ...

Bankruptcy filings in the US surged to their highest level in 15 years, raising alarms about a potential recession as both ...

BRITAIN’S private sector is bracing for the sharpest slowdown since Covid hit in 2020 as bosses pull back on hiring and ...

War with Russia, a global economic recession, AI threatening to make millions of jobs redundant are all things that could upend the UK and lead to a downfall of its respected standing ...