Oil prices also pivoted lower today, with U.S. sanctions against Russia set to go into effect tomorrow but rumors of a ceasefire still rampant. December-dated West Texas Intermediate (WTI) crude fell ...
U.S. employers announced 153,074 job cuts in October – the worst October since 2003 – and headlines rushed to blame AI. Fair question: were the recent layoffs really caused by AI? Mostly, no.
U. S. employers announced 153,074 job cuts in October – the worst October since 2003 – and headlines rushed to blame AI.
The Federal Reserve cut interest rates for the second time this year, although Chair Jerome Powell said a third cut is “not a foregone conclusion.” WSJ’s Nick Timiraos explains the central bank’s ...
The Bank of Russia continued its cycle of key interest-rate cuts even as Ukrainian attacks on refineries and a looming tax increase stoke inflation risks. The central bank lowered borrowing costs by ...
Mortgage rates are staying relatively steady today, giving homebuyers and homeowners who want to refinance a chance to plan ahead. Even with economic uncertainty, rates have not spiked, which is a ...
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