With oil spiking to $100 a barrel and the job market essentially paralyzed, the threat of stagflation again is looming over the U.S. economy and financial markets. High inflation and slow growth present a double threat, as stimulative measures such as int... See more
Federal Reserve Governor Stephen Miran said Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further. Responding to the drop of 92,000 in nonfarm payrolls that the Bureau of Labor Statistics rep... See more
San Francisco Federal Reserve President Mary Daly said Friday the weak February jobs report adds to a difficult policymaking environment. In a CNBC interview, Daly did not commit to a position on interest rates, but said a softening labor market combined ... See more
The U.S. economy lost jobs in February, a month marred by severe winter weather and a strike at a major health-care provider, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls fell by 92,000 for the month, compared with the estimate for 50,... See more
The 2025 labor market has been generously described as "unstable," with virtually no jobs growth and a slew of headwinds expected to conspire against it. In 2026, though, the buzzword seems to be "stable," even though conditions seem to be largely the sam... See more
