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Job cut announcements rose 29% in July from the previous month, according to outplacement firm Challenger, Gray & Christmas.
Layoff announcements were up 29% from June to July, and up 140% compared to last July. Should we be worried? Plus: data erosion, car key fobs, and the private equity-ification of youth sports.
Looking at all of this — the inflation, the wages — is the Federal Reserve. It’s gotta decide what to do with interest rates. Being on the high side as they are, holds back the economy some, but it is ...
We spoke to families at Shanghai’s new Legoland theme park about what they’re willing and not willing to spend on.
Goods from South Korea will face a 15% tariff under a new trade deal. Meanwhile Brazil will be harder hit, with a 50% tax on ...
The Federal Reserve is still waiting and seeing, folks.
Simon Johnson, a Nobel-winning economist at MIT, says AI innovations can produce productivity gains, but not everyone will ...
The U.N. has warned Gaza is on the brink of famine.
As the U.S. employs more tariffs and sanctions, former international economic security advisor Daleep Singh makes the case ...
The central bank chose not to cut rates, given the uncertain effects of tariffs and a resilient overall economy. But the committee's decision was not unanimous.
Three percent GDP growth for the second quarter is great. It’s also misleading. Plus: jobs, stablecoin, and the case for a ...
The size of the U.S. economy grew in the second quarter of this year by a lot — 3%, annualized . That’s after it contracted ...
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