The real winners in today's economy are the middlemen — rich intermediary companies like Walmart, Airbnb, and Lyft that connect buyers and sellers.
For most of 2025, the job market was described by economists as "no hire, no fire" — a stretch of time when job seekers faced slim prospects, but workers could count on job security. But that fragile ...
The United States added 139,000 jobs in May, more than expected but pointing to a labor market that continues to slow. The employment data released Friday by the Bureau of Labor Statistics exceeded ...
The Federal Reserve said Wednesday it will hold interest rates steady as the US economy begins to show the effects of President Donald Trump’s haphazard trade war. The central bank kept its benchmark ...
Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ...
The markets have climbed higher despite continuing concerns around the shutdown, tariffs and inflation. The S&P 500 and Nasdaq have set records more than 30 times this year and other data suggest the ...
Americans have given their view on whether President Donald Trump inherited a weakened economy from his predecessor, or if the current difficulties are the result of his own policies. According to a ...
Recession worries are spreading, but analysts don’t expect a dire economic slowdown in 2025 and are looking for growth to reaccelerate next year. Heightened risk factors like a rapidly cooling labor ...
This week was, as President Donald Trump himself put it, bad for Republicans. We faced down election losses in Virginia, where voters embraced someone who drooled over the idea of murdering his ...
Fears of a recession are back on investors’ minds. But predicting the onset of an economic downturn, let alone the length and severity of one, is difficult even for the experts. As a rule of thumb, ...
It’s getting harder to argue that the US economy is in good shape. At least, not without a ton of footnotes, caveats and fine print. Concerns about the economy are validated most easily in the labor ...
Ms. Patterson is an economist who has held senior positions at JPMorgan Chase and Bridgewater Associates. In the game of Jenga, players remove wooden blocks from a tower and place them on the top.