Black Unemployment Gap Widens Despite Stable National Job Numbers
While the national unemployment rate remained steady, Black workers face growing disparities in job opportunities and economic security, signaling persistent inequality.
Markets & Macro
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Prime Day Spending Reaches $26 Billion Amid Cautious, Value-Driven Shopping
Shoppers spent over $26 billion during Prime Day, focusing on discounted essentials and smaller purchases as inflation concerns reshape buying habits.
Markets & Macro
Madhya Pradesh Congress Launches Cyclothon to Protest Youth Unemployment and Exam Scams
The Madhya Pradesh Congress has initiated the 'Yuva Swabhiman Cyclothon' campaign to spotlight alleged recruitment scams, exam irregularities, and rising unemployment under BJP governance.
Markets & Macro
Mortgage Rates Remain Stable Amid Inflation Concerns and Geopolitical Risks
Mortgage rates edged up slightly this week, staying near recent levels as inflation pressures persist and tensions in Iran affect global markets.
Markets & Macro
China’s Industrial Profits Continue to Grow Amid Slowing Expansion in May
China's industrial sector maintained profit growth in May, reaching significant gains despite slower momentum driven by weak domestic demand and a struggling property market.
Markets & Macro
Canada’s Economy Stagnates Amid Tariff Pressures and Sluggish Growth
Canada's economy showed no growth in early 2026 as rising tariffs, weak productivity, and expensive housing weigh heavily on households and overall outlook.
Markets & Macro
False Quote Circulates Claiming Karoline Leavitt Misstated Unemployment Rates Under Biden and Trump
A viral claim attributing misleading unemployment statistics to White House Press Secretary Karoline Leavitt has been debunked as falsely attributed with no evidence she made the statement.
Markets & Macro
California’s AI Job Tracker Shows No Early Signs of AI-Driven Unemployment
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.
Markets & Macro
Morgan Stanley Foresees No Fed Rate Hikes This Year Despite Inflation Concerns
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.
Markets & Macro
Economists Predict Federal Reserve Will Keep Interest Rates Unchanged Through 2026
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.
Markets & Macro
Alan Greenspan’s Early Years at the White House Shaped His Legacy Beyond the Fed
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.
Markets & Macro
Federal Reserve’s Inflation Measure Reaches Highest Point Since 2023
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.