Tag #Us Economy

Showing 1,693 to 1,704 of 1,930 results

forbes.com
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Strong December Jobs Report Dashes Hopes for January Fed Rate Cut

The December 2024 U.S. jobs report revealed a 256,000 net increase in non-farm payrolls, lowering the unemployment rate to 4.1% and significantly reducing the likelihood of a Federal Reserve interest rate cut in January 2025 due to elevated inflation and a strong labor market.

Progress

52% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 75% Global Worthiness
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Lili Wins Top Ranking for Best SMB Banking App

Lili, a U.S. fintech startup, won Tearsheet's top ranking for best SMB banking app, offering a free, all-in-one platform with AI-powered tools to over 600,000 U.S. business owners, simplifying financial management.

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60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Fed Officials Voice Inflation Concerns Amidst Rising Interest Rates

Federal Reserve officials voiced concerns about President-elect Trump's policies potentially hindering their efforts to lower inflation to 2%; investors now predict higher interest rates persisting into 2025, causing a rise in the 10-year Treasury note yield to 4.7% and the average 30-year mortgage ...

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44% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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ILA, USMX Reach Tentative Six-Year Contract, Averting Strike

The International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) reached a tentative six-year contract on January 15, 2025, averting a strike, with key compromises on automation and technology implementation while preserving jobs, pending ratification votes.

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48% Bias Score

Decent Work and Economic Growth
china.org.cn
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Fed Revises Inflation Target Timeline Due to Higher-Than-Expected Readings

The Federal Reserve's December meeting minutes indicate that returning inflation to its 2% target will take longer than anticipated due to higher-than-expected recent inflation readings and potential policy changes, leading to a slower pace of interest rate cuts.

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28% Bias Score

Reduced Inequality
forbes.com
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Record U.S. Job Cuts in 2024 Amidst Technological Advancements and Economic Uncertainty

U.S. companies announced over 1.5 million job cuts in 2024, a 15-year high excluding 2020, driven by rapid technological advancements and economic shifts; the technology sector led with 133,988 job losses, while government job cuts surged 1,520% due to military reductions.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Inflation Fears Trigger Stock Market Sell-Off

Worries about inflation are causing a stock market sell-off, with the Dow down over 500 points on Friday and the 10-year Treasury yield spiking above 4.7%; next week's inflation data will be key.

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60% Bias Score

Reduced Inequality
dailymail.co.uk
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Volcker's 1979 Monetary Shock: Recession, Stability, and Political Upheaval

In 1979, to combat soaring inflation and a falling dollar, President Carter replaced Federal Reserve Chairman G. William Miller with Paul Volcker, who implemented drastic monetary policies resulting in a deep recession but ultimately restoring economic stability and influencing future economic polic...

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52% Bias Score

Reduced Inequality
forbes.com
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Dockworker Agreement Averts Potential East Coast and Gulf Coast Strike

East Coast and Gulf Coast dockworkers averted a potential strike by reaching a tentative agreement with the United States Maritime Alliance on Tuesday, addressing concerns over automation and preventing a larger economic impact compared to the three-day strike in October 2024.

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Port Operators and Union Avert Strike with New Contract

East and Gulf Coast port operators and the International Longshoremen's Association (ILA) reached a tentative agreement on a new six-year contract on Wednesday evening, averting a strike set for January 15, resolving a labor dispute that threatened to halt shipments for a second time in three months...

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44% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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East Coast Port Strike Averted by Tentative Labor Deal

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) reached a tentative six-year contract on January 15, averting a strike that would have crippled US East and Gulf Coast ports, resolving disputes over automation and wages with a deal that includes a 62%...

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Medical Debt Removal from Credit Reports

The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.

Progress

40% Bias Score

Reduced Inequality

Showing 1,693 to 1,704 of 1,930 results