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Economic recession fears grow after bleak jobs report and unemployment spike

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The latest headlines from our reporters across the US sent straight to your inbox each weekdayYour briefing on the latest headlines from across the...
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Intel stock plummets most in 40 years amid massive restructuring

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Chip giant Intel's (INTC) stock price cratered than 26% on Friday trading, closing out one of its worst trading days in 40 years. The...
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Sell-off of global stocks amid fears over US slowdown

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A global sell-off in stock markets intensified on Friday as weaker-than-expected jobs data from America added to fears of a sharp slowdown in the...
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Nvidia is in a bubble and the AI theme is “overhyped” – Elliott Management (NASDAQ:NVDA)

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Hedge fund Elliott Management said that Nvidia (NASDAQ:NVDA) is in a bubble as the artificial intelligence theme pushing its...
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Global stock market meltdown as fears grow US economy will ‘collapse’

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Shares across the world tumbled Friday - as investors panicked over signs of weakness in the US economy.Japan's benchmark Nikkei 225 suffered its second largest...
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Weak US job numbers fuel fears over the economy

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Hiring in the US slowed sharply last month and the unemployment rate rose, stoking fears about the state of the world's largest economy. Employers...
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Bank chief economist warns against making further rate cuts ‘too quickly’

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What’s priced in for the Federal Reserve after a surprising jump in July unemployment | Forexlive

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A key line from Federal Reserve chairman Jerome Powell on Wednesday was this:"If the labor market were to weaken unexpectedly or inflation were to...
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US jobs data ‘flashing red’ as poor growth sparks Wall Street sell-off

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The US labor market cooled significantly last month as unemployment unexpectedly rose, sparking fears of a slowdown across the world’s largest economy.American employers added...
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Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%

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Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears of a broader economic...
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US July non-farm payrolls +114K vs +175K expected | Forexlive

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Prior was +206 (revised to +179K)Details of the July 2024 jobs report:Two-month net revision -29K vs -111K priorUnemployment rate 4.3% vs 4.1% expected (unrounded...
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US non-farm payrolls data – the critical key ranges for estimates to watch | Forexlive

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The July employment report is due from the US on Friday 2 August 2024 at 0830 US Eastern time, 1230 GMTAdam had a preview...
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