Breaking News: Economy
We’re in a ‘hiring recession,’ economist says — how job seekers can stand out
Maskot | Digitalvision | Getty Images A cooling labor market, characterized by sluggish hiring and anemic job creation, made it hard for job seekers to find work in 2025, according to economists. “It’s fair to say that 2025 was a hiring recession in the United States,” Heather Long, chief economist at Navy Federal Credit Union, […]
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Trump revealed some of Friday’s jobs data early in post the prior day
President Donald Trump in a social media post Thursday evening indirectly revealed data from Friday’s market-moving nonfarm payrolls count, an apparent violation of long-standing federal policy on statistical releases. In a Truth Social post around 9 p.m. ET, the president indicated that private sector payrolls had expanded by 654,000 for the full year of 2025, […]
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U.S. payrolls rose 50,000 in December, less than expected; unemployment rate falls to 4.4%
A “Now Hiring” sign at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Friday, Oct. 24, 2025. Allison Joyce | Bloomberg | Getty Images The U.S. labor market ended 2025 on a soft note, with job creation in December less than expected, according to a report Friday from the […]
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BlackRock predicts major shift in retail investors’ access to cryptocurrencies
ETF Edge BlackRock predicts major shift in retail investors’ access to cryptocurrencies Published Fri, Jan 9 20267:00 AM EST Jill Schneider WATCH LIVE Source
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European markets in positive territory; Greenland remains in focus
LONDON — European markets opened in positive territory on Friday. The pan-European Stoxx 600 was up 0.37% at 8:30 a.m. in London (3:30 a.m. ET), with major regional bourses and most sectors in the green. It was confirmed Friday morning that British mining firm Rio Tinto was in preliminary talks to acquire Swiss firm Glencore, […]
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Trump instructs ‘representatives’ to buy $200 billion in mortgage bonds, aiming to lower rates
US President Donald Trump speaks during a bill signing ceremony in the Oval Office of the White House in Washington, DC, US, on Friday, Dec. 12, 2025. Francis Chung | Politico | Bloomberg | Getty Images President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming […]
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Stocks making the biggest moves after hours: General Motors, Intel, Tilray Brands & more
Check out the companies making headlines in after-hours trading. General Motors — Shares of the Detroit automaker dropped 2% in extended trading after General Motors said in a regulatory filing that it will record $7.1 billion in special charges for the fourth quarter of 2025 tied to its pullback in electric vehicles and restructuring efforts […]
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Supreme Court tariff decision: U.S. Customs has new deadline for companies seeking refunds
The Contemplation of Justice statue at the US Supreme Court in Washington, DC, US, on Tuesday, Nov. 4, 2025. Pete Kiehart | Bloomberg | Getty Images There is a new deadline for U.S. importers to file for electronic refunds if the Supreme Court rules President Donald Trump’s IEEPA tariffs are illegal. U.S. Customs published details […]
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Treasury Secretary Bessent says more Fed rate cuts are ‘only ingredient missing’ for stronger economy
U.S. Treasury Secretary Scott Bessent speaks during a press conference to unveil the official Trump Accounts website, at the Treasury Department in Washington, D.C., U.S., December 17, 2025. Aaron Schwartz | Reuters Treasury Secretary Scott Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth. […]
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Private payrolls rose 41,000 in December, slightly below expectations, ADP says
A “Join Our Team” flyer at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty Images Private sector job creation turned positive in December though at a bit softer pace than expected, payrolls processing firm ADP reported Wednesday. Companies added […]
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