An Amazon Go store in New York, US, on Tuesday, Jan. 27, 2026. Michael Nagle | Bloomberg | Getty ImagesLayoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday.U.S. employers...
Category: Economy
Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal
President Donald Trump greets Indian Prime Minister Narendra Modi to the White House in Washington, Monday, June 26, 2017.Alex Brandon | APU.S. President Donald Trump's announcement Monday that he has agreed a trade deal with India comes hot on the heels of Europe's own trade agreement with New Delhi, signaling...
Friday’s jobs report will be delayed because of the partial government shutdown
The US Department of Labor headquarters building is seen at dusk on June 21, 2024 in Washington, DC. J. David Ake | Getty Images News | Getty ImagesThe Bureau of Labor Statistics will not be releasing the January jobs report as scheduled Friday due to the partial government shutdown, a...
Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows
The gap between the best and worse off Americans is growing — and economists don't see an end in sight.The "K-shaped" economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans' financial habits almost six years ago. Economists now warn...
Hassett praises Trump’s pick of Warsh to lead Fed, says he has his ‘dream job’ already
Kevin Hassett, the National Economic Council director once considered a clear front-runner to be named the next Federal Reserve chair, said Friday he is fine with continuing in his current role.Fresh off President Donald Trump's announcement that former Fed Governor Kevin Warsh will be the new chair, Hassett told CNBC...