Unemployment

Australia and New Zealand are neighbours, friends and sporting competitors. But they've had vastly different fortunes in the past few years.Staring at a third recession in just two years, Kiwis are moving across the ditch to Australia in…

Bank of America (BofA) analysts are warning of a collapsing U.S. labor market and a potential rise in unemployment next year. They also recommended selling a stock market rally ahead of the likely surge in job losses. “Bears (like us)…

WASHINGTON (AP) — President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very strength of a new jobs reportshowed that high inflation remains a recession threat.At the…

US Federal Reserve chairman Jerome Powell (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via ... Getty Images)AFP via Getty Images The Federal Reserve made a relatively large reduction in short-term interest rates at its…

The Federal Reserve gave investors exactly what they said they wanted on Wednesday, slashing interest rates by an outsized 50 basis points—but it still wasn’t enough. After a brief jump following the initial announcement, stocks went…

Federal Treasury, the Reserve Bank, and many economists have Australia's unemployment rate peaking at 4.5 per cent.This forecast factors in the economic damage caused by 13 RBA interest rate hikes since May 2022.That resulting…

S&P 500 Index vs. ARKK Innovation Fund Real Investment Advice A very poor 2022 start for equities, off to their poorest start since 2011. Fixed income markets are faring no better with the 10-Year Treasury…

The fact is that Sitharaman has to step on the proverbial gas because data shows neither inflation (the stuff that traditionally angers BJP's committed lower-middle-class voters) nor jobs (the stuff that Congress and the Left keep…

1670950708That’s all folks. Tomorrow: UK inflation That concludes our markets blog coverage today, on the day US inflation came in lower than expected and FTX founder Sam Bankman-Fried was arrested after being accused of fraud.The…

1642494188Triple figure oil price in sightFears over supply disruptions following an attack by Yemen's Houthi group in the United Arab Emirates contributed to the surge in oil prices.Brent crude is up by 13% in 2022 at $88 a barrel,…