Fed's Jefferson Optimistic About Job Market, Inflation
Federal Reserve Vice Chair Philip Jefferson said Friday he was "cautiously optimistic" about the 2026 economic outlook, with growth expected to remain slightly above trend, the labor market stabilizing, and inflation resuming a decline to the U.S. central bank's 2%...
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US Consumer Confidence Climbs to Six-Month High
American consumers are feeling better about the economy, with confidence jumping to its strongest level in six months as stock-market gains boost household optimism, Bloomberg reports.
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US Layoffs Surge to Highest Level Since Great Recession
Layoffs announced by U.S. employers surged in January amid losses of business contracts and an uncertain economic environment, marking the highest level for the month in 17 years, a leading survey showed.
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Argentina and US Sign a Major Trade Deal to Slash Tariffs and Boost a Political Alliance
Argentina and the United States agreed Thursday to ease restrictions on each other's goods in an expansive trade and investment deal that boosts a drive by President Javier Milei's government to open up Argentina's protectionist economy and a push by the Trump...
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Unemployment Claims Jump by the Most in 2 Months
The number of Americans applying for unemployment benefits jumped last week but remains in the same historically low range of the past few years.Applications for jobless aid for the week ending Jan. 31 rose by 22,000 to 231,000 from the previous week, the Labor Department...
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Layoffs in January were the highest to start a year since 2009, Challenger says
With the recent narrative centering on a no-hire, no-fire labor market, the data suggests that the layoff part of the equation could be stepping up.
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