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Thursday, November 6, 2025

Tag: US economy

US Government Shutdown Sets Record, Costs $15 Billion Weekly

The longest government shutdown in US history enters day 36, costing up to $15 billion weekly and threatening Q4 economic growth with widespread impacts.

Fed’s Powell Admits AI Job Loss Fears Are Real and Growing

Federal Reserve Chair Jerome Powell confirms AI is causing hiring freezes and job cuts, creating a major policy challenge for the US economy.

AI Boom Widens Wealth Gap: Western Billionaires Outpace Asia

New report reveals AI revolution benefits Western billionaires more than Asian counterparts as China's slowdown impacts regional wealth creation.

Fed Cuts Rates Again Amid Hiring Slowdown and Inflation Concerns

Federal Reserve reduces benchmark rate for second time this year, balancing weak job growth against persistent inflation. Learn how this affects loans and economy.

Jamie Dimon Warns of Credit ‘Cockroaches’ in US Economy

JPMorgan CEO alerts about hidden credit risks after $170 million loss, warning economic downturn could reveal more financial vulnerabilities.

Powell Signals Fed Rate Cut Amid Jobs Weakness and Sticky Inflation

Federal Reserve Chair Jerome Powell indicates October rate cut likely as central bank balances weak job market against above-target inflation with 'no risk-free path'.

Powell Flags Rising Employment Risks as Labor Market Cools

Fed Chair warns of growing job market concerns while signaling potential rate cuts ahead as hiring slows and quantitative tightening ends.