Waller, WA, United States

US labor market added just 142,000 jobs in August, weaker than expected

Fed Chair Jerome Powell has made clear that he doesn’t want to see the job market weaken further.

2024-09-06 12:39

Jobs report will help Federal Reserve decide how much to cut interest rates

WASHINGTON (AP) — Friday’s monthly jobs report will likely mark a pivotal moment for the economy and the Federal Reserve. If it shows that hiring was weak in August and that the unemployment rate rose — similar to the unexpectedly soft figures for July — it w…

2024-09-06 04:03

Sluggish US jobs report clears the way for Federal Reserve to cut interest rates

By CHRISTOPHER RUGABER WASHINGTON (AP) — Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy. Employers…

2024-09-05 23:00

SmackDown results, Sept. 6, 2024

Solo Sikoa to challenge Cody Rhodes for the Undisputed WWE Championship inside a Steel Cage next week on USA premiere Bayley def. Tiffany Stratton When WWE Women’s Champion Nia Jax jumped up on the apron in an attempt to interfere, she accidentally distracted…

2024-09-05 19:15

Creature Commandos Release Date Announced for Animated DCU Series

Creature Commandos has been given an official release date. Creature Commandos is the forthcoming animated series that is written and executive produced by James Gunn. It will be the first official project that is part of Gunn and Safran’s forthcoming DC Univ…

2024-09-05 15:55

What is the Federal Open Market Committee (FOMC)?

The Federal Open Market Committee makes decisions throughout the year that touch the financial lives of virtually every American. Here’s a look at what the...

2024-09-05 14:00

Winx smashed racing records. A new documentary tells her story on and off the track

Australia’s Winx won 33 top-class races in a row. No other racehorse’s record comes close.

2024-09-05 01:05

FEDS Note: Nonlinear Phillips Curves

Simon C. Smith, Allan Timmermann, Jonathan H. WrightThe slope of the Phillips curve flattened around the turn of the century. The slope, however, is also kinked (nonlinear) such that it is steeper in a tight labor market than in a more normal one. The magnitu…

2024-09-04 18:30

FEDS Note: Convenience Yield as a Driver of r*

Balint Szoke, Ines Xavier and Francisco Vazquez-GrandeThe natural rate of interest, or r*, corresponds to the short-term real interest rate that is consistent with full employment and price stability, after all temporary shocks have abated. The most popular f…

2024-09-03 18:30

The Convenience-Compliance Conundrum in Cross-Border B2B Payments

Seamless cross-border B2B payments remain one of the white whales of the connected economy. And with the news Friday (Aug. 30) that Bridge has raised an additional $40 million round to continue building its stablecoin-based global payment scheme, executing in…

2024-09-03 15:10