SELECT LANGUAGE BELOW

Powell: Fed faces ‘no safe route’ as unemployment and inflation increase

Powell: Fed faces 'no safe route' as unemployment and inflation increase

Fed Chairman Powell Highlights Economic Challenges Jerome Powell, the Chairman of the Federal Reserve, expressed concerns on Tuesday regarding the U.S. economy, stating that serious threats loom regardless of the central bank’s strategy for reducing interest rates. During his address, Powell pointed out the difficult balancing act the Fed faces as it navigates a weakening […]

Stock futures reduce gains following CPI and unemployment information: Live updates

Stock futures reduce gains following CPI and unemployment information: Live updates

Market Update: Consumer Inflation and Tech Stocks Influence Trading On September 10, 2025, traders were busy on the New York Stock Exchange, particularly as the Swedish fintech company Kralna prepared for its IPO. Meanwhile, the S&P 500 Futures remained relatively stable on Thursday while Wall Street absorbed the latest consumer inflation data. Futures linked to […]

Pressley urges Powell to tackle the growing unemployment among Black women

Pressley presses Powell to address rise in unemployment among Black women

Pressley Calls on Powell to Address Unemployment Among Black Women Rep. Ayanna Pressley (D-Mass.) has urged Federal Reserve Chairman Jerome Powell to tackle the rising unemployment rates for black women, a situation that has worsened during the Trump administration. Recent data from the Bureau of Labor Statistics (BLS) indicates that unemployment among black women is […]

Stocks Decline Amid Economic Worries Following Poor US Unemployment Data

Stocks Decline Amid Economic Worries Following Poor US Unemployment Data

Market Overview The S&P 500 index saw a decrease of 0.32% on Friday, while the Dow Jones Industrial Average fell by 0.48%. Interestingly, the Nasdaq 100 index managed a slight uptick of 0.08%. The September e-mini S&P Futures declined by 0.35%, but the September E-Mini Nasdaq futures saw a modest increase of 0.04%. Initially, stocks […]

Labor Department: U.S. unemployment claims decrease, staying in a ‘healthy’ range

Labor Department: U.S. unemployment claims decrease, staying in a 'healthy' range

Unemployment Benefits Drop in the U.S. Economists report that the number of Americans applying for unemployment benefits saw a decrease last week, maintaining a historically low level that’s been observed since the pandemic began. For the week ending August 9, claims dropped by 3,000, landing at 224,000, according to the U.S. Department of Labor. This […]

Sen. Joni Ernst calls for an investigation into federal misuse of unemployment benefits after five individuals received over $400K.

Sen. Joni Ernst calls for an investigation into federal misuse of unemployment benefits after five individuals received over $400K.

Senator Joni Ernst Addresses Unemployment Fraud Among Federal Employees WASHINGTON – Senator Joni Ernst (R-Iowa) is taking action after identifying a group of individuals she’s labeled as “rip-off artists” who allegedly received “fraudulent unemployment benefits.” This revelation emerged from a federal government audit that has implications for nearly $500,000 in taxpayer money. In a letter […]