NewEdge Wealth CIO Cameron Dawson discusses how her firm is viewing Federal Reserve Chairman Kevin Warsh’s decisions on rate hikes and the state of the economy on ‘Making Money.’ #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #makingmoney #federalreserve #fed #economy #economics #finance #markets #investing #investors #interestrates #inflation #consumers #spending #jobs #labor #employment #ratehikes #wallstreet #money
Voters are voicing their frustrations about President Trump's economy amid high inflation and the war with Iran. University of Michigan Professor of Economics Justin Wolfers and Staff Writer for The Atlantic Annie Lowrey join Katy Tur to provide their insight.
Jobless claims in the United States increased by 2,000 in August, according to data from the Department of Labor.
The latest data from the Department of Labor suggests a slight increase in unemployment claims, broadly in line with projections from economists. PULSE POINTS WHAT HAPPENED: - Despite the slight uptick in initial jobless claims, total layoffs for the year are down 41 percent compared to the same period in 2022, with monthly layoffs hitting a four-year low. DETAIL: According to the data, jobless claims in the U.S. rose to a seasonally adjusted 206,000. According to Reuters, economists forecast 205,000 jobless claims for the latest week of August. Initial jobless claims provide information on the number of Americans in the process of applying for unemployment benefits. While many positions remain unfilled, announced hiring plans across…Open
Layoffs in the United States hit a four-year low in August, according to new data.
Layoffs in the U.S. have dropped to their lowest level since 2022, but hiring remains sluggish, raising concerns about economic momentum. PULSE POINTS WHAT HAPPENED: Layoffs in the United States hit a four-year low in August, according to new data . DETAIL: Layoffs across the U.S. in August fell to their lowest level in four years, according to a report by Challenger, Gray & Christmas, with employers announcing 52,881 job cuts, a 38 percent decrease compared to the same month in 2025. However, despite this positive trend, hiring activity has not kept pace, raising questions about the broader health of the labor market. The consumer products industry led August’s job cuts with over 10,000 layoffs, followed by the food and technology…Open
AT via Magic Studio By Thomas Kolbe Rising interest rates, record insolvencies, and permanent recession -- the looming economic crisis in the EU is taking shape.
