Economy

Consumer sentiment nears lowest level ever as worries build over shutdown

Consumer sentiment nears lowest level ever as worries build over shutdown

Volunteers load boxes of food into cars during an event held by the Community FoodBank of New Jersey in partnership with Bergen County to deliver emergency food relief to Federal workers and SN...

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Chicago Fed’s Goolsbee says he’s cautious about further rate cuts during shutdown

Chicago Fed’s Goolsbee says he’s cautious about further rate cuts during shutdown

Chicago Federal Reserve President Austan Goolsbee on Thursday expressed hesitation about lowering interest rates further because the government shutdown has resulted in a blackout on key...

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Job cuts in October hit highest level for the month in 22 years, Challenger says

Job cuts in October hit highest level for the month in 22 years, Challenger says

Layoff announcements soared in October as companies recalibrated staffing levels during the artificial intelligence boom, a sign of potential trouble ahead for the labor market, accordin...

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Bank of England November 2025 rate decision

Bank of England November 2025 rate decision

LONDON — The Bank of England on Thursday voted narrowly to hold interest rates steady, exercising caution ahead of the government’s Autumn Budget in November. Out of the BOE’s nine-me...

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The fuel for the AI boom driving the markets is advertising. It is also an existential risk.

The fuel for the AI boom driving the markets is advertising. It is also an existential risk.

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images...

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Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Payroll growth at private companies turned slightly stronger than expected in October, providing some hope that the labor market isn’t in danger of sinking, ADP reported Wednesday. Companies...

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