Tag Archives: Economy

America’s top banker Jamie Dimon makes chilling warning that economy is struggling

America’s top banker Jamie Dimon makes chilling warning that economy is struggling

By ALICE WRIGHT, US CONSUMER REPORTER Published: 03:25, 11 September 2025 | Updated: 03:34, 11 September 2025 JPMorgan CEO Jamie Dimon has claimed the US economy ‘is weakening’ after it emerged there were far fewer new jobs created last year than initially thought. Yesterday, government figures revealed the number of jobs added to the economy for the year through March …

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Trump admin hits Biden economy, BLS, Powell after jobs data

Trump admin hits Biden economy, BLS, Powell after jobs data

The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025. Bloomberg | Bloomberg | Getty Images The White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of Labor Statistics, former President Joe Biden and Federal Reserve Chair Jerome Powell. “Today, the BLS released …

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The U.S. economy actually grew by nearly a million fewer jobs than previously thought, and it shows ‘AI is automating away tech jobs,’ economist says

The U.S. economy actually grew by nearly a million fewer jobs than previously thought, and it shows ‘AI is automating away tech jobs,’ economist says

The U.S. economy created nearly one million fewer jobs over the past year than previously thought, according to newly revised data from the Bureau of Labor Statistics, and the biggest percentage losses came from industries tied to technology—an area that is under scrutiny from economists assessing the impact of artificial intelligence. The BLS’s Preliminary Benchmark Revision cut total employment between March 2024 …

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JPMorgan’s Jamie Dimon warns jobs reports show economy is weakening

JPMorgan’s Jamie Dimon warns jobs reports show economy is weakening

Despite a downward revision to U.S. labor data of near a million jobs over the past year, markets aren’t panicking this morning. It’s not like there’s going to be a recession … right? Jamie Dimon isn’t entirely convinced. Of course, the JPMorgan Chase CEO is known for his “prepared-for-anything” approach, running America’s biggest bank on the basis of constant stress …

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JPMorgan CEO Jamie Dimon says the economy ‘is weakening’

JPMorgan CEO Jamie Dimon says the economy ‘is weakening’

JPMorgan Chase CEO Jamie Dimon speaking with CNBC’s Leslie Picker in Charlotte, N.C. on July 31st, 2025. David A. Grogan | CNBC JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs …

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The supply and demand seesaw sending mixed signals about the economy – Axios

The supply and demand seesaw sending mixed signals about the economy  Axios Donald Trump’s tariffs put US manufacturing revival hopes to the test  BBC Trump’s Trade War Squeezes Middle-Class Manufacturing Employment  Center for American Progress America’s job market flashes yet another warning sign about the economy  CNN How Tariffs Are Undermining the US Economic Growth Story  Bloomberg.com Source link

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Mortgage rates dive on reports of worsening U.S. economy: ‘We are seeing a lot of interest in refinances’ – MarketWatch

Mortgage rates dive on reports of worsening U.S. economy: ‘We are seeing a lot of interest in refinances’  MarketWatch Mortgage and refinance interest rates today for September 8, 2025: A big drop — but will it hold?  Yahoo Finance Mortgage rates tumble to lowest level since October 2024  Fox Business Is the Fed ready to go big? Analysts debate jumbo rate cut after …

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September is a perilous month for the Fed and the US economy – The Times

September is a perilous month for the Fed and the US economy – The Times

September is a perilous month for the Fed and the US economy  The Times Weak Jobs Report Strengthens Case for Fed to Cut Interest Rates  The New York Times The Fed is headed toward a ‘policy mistake,’ says Bank of America  CNBC Fed Gets Green Light for Interest Rate Cuts as Unemployment Rate Jumps to 4-Year High  Realtor.com Fed on track for string of …

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