The US economy lost 92,000 jobs in February
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The US economy lost 92,000 jobs in the month of February, the Bureau of Labor Statistics (BLS) outlined in its latest jobs report, as opposed to the gain of 55,000 jobs that economists forecasted. RBC Capital Markets head of US economic research Michael Reid and New York Life Investments economist and portfolio strategist Lauren Goodwin comes on Yahoo Finance's Morning Brief to react to the latestlabor market data.
Is the US in a recession right now, and did the US-Iran war trigger one? Here's what a recession is and what it means to you.
Oil prices jumped Tuesday for the second straight day and gas prices moved higher in the United States, underscoring the threat of rising inflation posed by the Iran war.
Research suggests the U.S. loses more than just an hour of sleep when we spring forward by turning the clocks back.
The economy’s warning lights might not yet be flashing red, but they are certainly flashing yellow. The worst job numbers since the Great Recession, the slowest economic growth since COVID, and the worst inflation in nearly two years—these are not the signs of a healthy economy.
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With employers cutting jobs and gas prices rising amid the war in Iran, Democrats see an opportunity to press their advantage.
When it comes to economic mobility, America is now falling behind other countries. “The American Dream is alive and well—and living in Copenhagen,” Michael Sandel, a well-regarded Harvard professor, said recently. Sandel wasn’t making a joke.
For many people, the economy is a simple equation: paychecks minus expenses. When it feels like our incomes are growing faster than prices, the economy is in good shape. When they’re not, it’s lousy. President Donald Trump seems to be making an ...