California’s newly launched AI job dashboard reveals no immediate rise in unemployment among AI-exposed occupations, offering initial data on the technology’s economic impact.
Morgan Stanley predicts the Federal Reserve will keep interest rates steady throughout the year, although inflation risks and employment trends could prompt a rate increase.
Most economists now anticipate the Federal Reserve will maintain current interest rates through 2026, despite market bets on future hikes that could sustain high borrowing costs.
Alan Greenspan’s three-year tenure under President Gerald Ford profoundly influenced his approach to economic policy, a lesser-known period that shaped his later Federal Reserve leadership.
The Federal Reserve’s favored inflation gauge rose to 4.1% in May, marking its strongest surge in over three years and signaling growing price pressures.
Ohio’s labor force has shrunk over the past year even as unemployment dropped and job gains fluctuated, raising concerns about workforce participation and economic growth.
Federal Reserve officials remain split on whether to raise interest rates further as inflation persists above target and unemployment rises, complicating monetary policy decisions.
Inflation in the U.S. climbed to 4.1% in May, fueled by sustained consumer spending and rising services costs, keeping the Federal Reserve’s option for interest rate hikes open.
FDA leadership outlines plans to rebuild staff strength and adapt regulatory strategies as U.S.-China rivalry reshapes drug development and patient engagement priorities.
Despite rising prices, Americans continued spending in May, with consumer outlays rising, driven largely by inflation rather than increased purchasing power.
Inflation accelerated in May driven by rising oil prices linked to the Iran war, while core inflation growth signals wider price pressures beyond energy costs.
Ghana’s inflation rate is forecast to climb significantly in 2027, driven by currency pressures, tighter US monetary policy, and adverse weather impacting food and energy prices.