Gold price after jobs data actually pulled back to around $3,360 levels on Monday as traders were still processing Friday’s pretty explosive employment report. The US nonfarm payrolls came in…
U.S. jobs market growth slowed considerably not just last month, but in May and June as well, likely giving more fuel to those calling for Federal Reserve rate cuts.Nonfarm payrolls…
Amazon (AMZN) has cut thousands of jobs in the Amazon Web Services cloud computing unit on Thursday, according to a spokesperson. AMZN stock is trading higher on Thursday shortly after…
In brief
The labor market was stronger than expected in June, with U.S. employers adding 147,000 nonfarm jobs in June, while the unemployment rate ticked down to 4.2%.
That extinguished hopes of…
The U.S. employment picture was far stronger than forecast in June, furthering Federal Reserve Chairman Jerome Powell's insistence on remaining patient with respect to easing monetary policy.Nonfarm payrolls grew 147,000…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.June’s ADP employment report was a remarkable miss. Analysts expected the private sector to add 100,000 positions. In…
Michael Saylor has rebranded again - this time without saying much at all. In a new post simply captioned “Be Different," the Strategy founder dropped a slick, minimalist portrait that…
In brief
Sen. Bernie Sanders warned on "The Joe Rogan Experience" that AI and robotics could displace millions of workers.
He proposed solutions including a 32-hour workweek, universal basic income, and stronger…
The US economy is currently feeling intense pressure, weighed down by ballooning metrics and indexes indicating its rapid decline. For instance, the US debt metrics have hit $37 trillion recently,…
The ‘Made in USA’ tag was once a powerful tool but got sold out to foreign nationals for cheap labor for the cost of their profits. The USD hit a…