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Global Economic Trends

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Global Economic Trends

Fed’s Bowman says jobs crisis could force three rate cuts this year

Introduction to the Federal Reserve's Decision The Federal Reserve Vice Chair for Supervision, Michelle Bowman, expressed her concerns about the health of the labor market...
Global Economic Trends

Amazon Slips And Wall Street Cools As Investors Wait For Jobs Data

US Stocks Take a Hit Ahead of Jobs Report US stocks have slipped ahead of a highly anticipated jobs report, with Amazon's warning for the...
Global Economic Trends

Fed Officials Signal Possible Interest Rate Cut: Is the Time Right?

Introduction to Interest Rate Cuts The Federal Reserve, the central bank of the United States, has been considering interest rate cuts due to a weak...
Global Economic Trends

Breaking: Canada Unemployment Rate holds steady at 6.9% in July vs. 7% forecast

Introduction to Canada's Labor Market The unemployment rate in Canada remained unchanged at 6.9% in July, according to Statistics Canada. This reading came in below...
Global Economic Trends

U.S. jobs report points to weakening job market — experts

US Job Market Shows Signs of Weakening The latest US unemployment report has revealed a slowdown in job growth, with only 73,000 nonfarm jobs added...
Global Economic Trends

Stock Bull Run Powers Ahead as Apple Surges 5%: Markets Wrap

Stock Market Sees Significant Gains The stock market has experienced a significant rally, with major tech companies driving the gains. The S&P 500 rose by...
Global Economic Trends

US on ‘Precipice of Recession,’ Warns Leading Economist

Introduction to the US Economy The US economy is currently facing a potential downturn, according to a leading economist. Moody's Chief Economist Mark Zandi recently...
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