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The Fed’s View of the Economy Is Burning

December jobs report highlights Fed mistakes The Fed may not have a good reputation. Burning out as quickly as Los AngelesBut the outcome is likely to be the same: rubble, ash, condemnation, and expensive reconstruction. The Labor Department said Friday that the U.S. economy is 257,000 jobs added in Decemberexpectations that job growth would fall […]

U.S. Economy Added 256,000 Jobs In December

U.S. employers added 256,000 workers in November, and the unemployment rate fell to 4.1%, the Labor Department said Friday. Economists had expected 153,000 jobs and a flat unemployment rate of 4.2%. Employment figures for the previous month were revised downward from 227,000 to 212,000. Most of the job creation in December came from the private […]

US economy added 256K jobs in December, well above expectations

Kathryn Rooney Vera, chief market strategist at StoneX, talks about the importance of reducing federal spending on moneymaking. The U.S. economy added jobs faster than expected in December, as Federal Reserve policymakers watch the strength of the labor market ahead of a meeting later this month. The Labor Department reported Friday that employers added 256,000 […]

Nigel Farage Most Trusted to Grow British Economy: Poll

Nigel Farage is the man most trusted in Britain to return the UK economy to growth, a poll has found, amid growing pessimism about the Labor government's left-wing policies. According to investigation From Freshwater Strategy on behalf of London's business centre. City AM The newspaper said 24% of the public believed Britain's reformed leaders were […]

It Turns Out Biden’s Economy Wasn’t So Great For American Workers After All

Under current labor market conditions, American workers may not be doing as well as the Biden-Harris administration often claims. The White House is repetition President Joe Biden assured Americans that the U.S. economy remains strong during his term in office. Despite the government's intentions, claimsignificantly lower-than-expected job creation, inflation that often outpaces wage growth, and […]

Kamala Harris Lost Because ‘It Always Will Be the Economy, Stupid’

Democratic strategist James Carville admitted in an essay that he was “wrong about the 2024 election.” new york times Editorialsaid President-elect Donald Trump defeated Vice President Kamala Harris by “bringing Americans' economic anger to the forefront.” Carville, who first gained national notoriety as former President Bill Clinton's chief campaign strategist, acknowledged his belief that Harris […]