The labor market is slowing down faster than expected and putting the Federal Reserve’s much-desired “soft landing” in jeopardy.
Read MoreIf the data continue to show improvement this summer, the central bank could be eyeballing the September meeting for the first cut.
Read MoreThe economy continued to add jobs in February, 275,000 of them, to be exact. Is the labor market turning over or is it in transition from red-hot to lukewarm?
Read MoreNobody at the Federal Reserve has asked for my opinion, but here it is: Once again, it is time to pause on rate hikes.
Read MoreAs widely expected, after ten consecutive interest rate hikes over the past 15 months, the Federal Reserve took a time out, and paused in its process to bring down inflation.
Read MoreWhether or not you agree with the decision, the central bank continued to pursue one of the most aggressive rate hike campaigns since the early 1980’s.
Read MoreAs inflation accelerated and interest rates rose last year, many lower income earners were forced to eat into their savings and in some cases, started to accumulate debt.
Read MoreMeta, Getir, Twitter, Lyft, Carvana, Stripe, Opendoor, Netflix, Shopify, Snap, Peloton, Twilio, along with more than 700 other companies, have laid off almost 120,000 tech workers this year.
Read MoreWith 40 business days to go before we can close the chapter on the year, the themes remain the same: a resilient job market, stubbornly high inflation, and rising interest rates.
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