Tag Archives: Economy

The chief executive who led Goldman Sachs during one of the most turbulent periods in the history of markets thinks the US economy may be due for a crisis. Lloyd Blankfein, the former CEO of Goldman Sachs who helmed the bank during the Great Financial Crisis, says he’s watching for another big economic event to materialize. Historically, the US has …

The UK economy failed to grow in July, following the biggest contraction in manufacturing output for a year. The Office for National Statistics (ONS) said the economy saw zero growth in the month, which was in line with expectations, following a 0.4% expansion in June. However, monthly figures are volatile, and the ONS has said it will now focus on …

Inflation heats up in August as Trump tariffs ripple across economy  Axios CPI Shows Pace of US Inflation Likely to Keep Fed Cautious on Rate Cuts  The New York Times Why this long-time market strategist is arguing against a Fed rate cut  CNBC Inflation climbs in August as grocery and gas prices jump  NPR Double whammy for Americans: Inflation continues to rise as jobs …

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 …

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 …

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 …

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 …

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 …

Lumber Prices Are Flashing a Warning Sign for the U.S. Economy  MSNView Full Coverage on Google News Source link

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