Goldman Sachs predicts credit card losses will continue to climb through the end of 2024 or early 2025 for most issuers.
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The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing
There's nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers "recession" let alone screams it.
Unemployment among Asian workers and Black men rises in November while the overall rate declines
The unemployment rate for Asian workers and Black men rose in November, while the overall U.S.'s declined.
Here’s where the jobs are for November 2023 — in one chart
Health care and government hiring led the way in November.
U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%
Nonfarm payrolls were expected to increase by 190,000 in November, according to the Dow Jones consensus estimate.
China vows to ‘moderately’ strengthen fiscal policy to bolster economic recovery
China's Politburo said Friday that it would continue to implement "proactive" fiscal policies and "prudent" monetary policies next year.
‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims
The report identified Shell, Exxon Mobil, Glencore and Kraft Heinz as among the firms that saw profits "far outpace" inflation.