mosaec

Why This Jobs Report Could Be the Most Pivotal One in Years

Federal Reserve System Interest Rates Labor and Jobs Layoffs and Job Reductions Unemployment United States Economy

Why This Jobs Report Could Be the Most Pivotal One in Years

It’s tough to overstate how much hinges on Friday’s employment update, from the path for interest rates to the economic outlook.

By Jeanna Smialek

Slowdown Déjà Vu Rattles the Markets

Bitcoin (Currency) Federal Reserve System internal-storyline-no Nasdaq Composite Index NVIDIA Corporation Recession and Depression Standard & Poor's 500-Stock Index Stocks and Bonds Unemployment United States Economy

Slowdown Déjà Vu Rattles the Markets

Investors sent technology stocks and other assets tumbling on concerns that the U.S. economy could be headed for a hard landing.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis

Bank of England Banking and Financial Institutions Building (Construction) European Central Bank Federal Reserve System Interest Rates Mortgages Real Estate and Housing (Residential)

Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis

Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.

By Jeanna Smialek

The Big Number: 818,000

Federal Reserve System Labor and Jobs Labor Department (US) United States Economy

The Big Number: 818,000

The Labor Department issued a huge downward revision on jobs figures for the 12 months that ended in March, pointing to greater cracks in the economy.

By Santul Nerkar