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Tag: economic outlook

A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US job openings fall in March; layoffs decline

U.S. job openings dropped sharply in March, but a decline in layoffs suggested that the labor market remained on solid footing.

Read More US job openings fall in March; layoffs decline
People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo

Wall Street job cuts loom as market turmoil stalls deals

U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.

Read More Wall Street job cuts loom as market turmoil stalls deals
A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder/File Photo

US job openings increase in January; layoffs decline

Job openings, a measure of labor demand, rose 232,000 to 7.740 million on the last day of January, the Labor Department’s Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey.

Read More US job openings increase in January; layoffs decline
Markets Stabilise After Turbulence Last Week LONDON, ENGLAND - OCTOBER 20: An employee views trading screens at the offices of Panmure Gordon and Co on October 20, 2014 in London, England. Markets stabilised over the weekend following global turbulence amid fears over the Ebola virus and global economic concerns. (Photo by Carl Court/Getty Images)

Federal Reserve Holds Interest Rates Steady For 2 Decades, Leaves Door Open For Cuts

While maintaining interest rates at their highest point in over 20 years on Wednesday, the Federal Reserve made a suggestion that lower borrowing costs may soon be implemented by policymakers due to slight recent improvements in inflation.

Read More Federal Reserve Holds Interest Rates Steady For 2 Decades, Leaves Door Open For Cuts
A woman shops in a supermarket in Los Angeles, California, U.S., June 13, 2022. REUTERS/Lucy Nicholson/File Photo

US consumer confidence retreats slightly; house prices remain elevated

The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.

Read More US consumer confidence retreats slightly; house prices remain elevated
A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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