Ohio Workforce Declines Despite Steady Job Market and Low Unemployment
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.
Markets & Macro
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Markets & Macro
Markets & Macro
Federal Reserve Leaders Divided on Future Interest Rate Moves Amid Persistent Inflation
Federal Reserve officials remain split on whether to raise interest rates further as inflation persists above target and unemployment rises, complicating monetary policy decisions.
Markets & Macro
U.S. Inflation Surges to 4.1%, Raising Prospect of Federal Reserve Rate Hike
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.
Markets & Macro
FDA Faces Workforce Challenges and Intensifies Efforts Amid U.S.-China Biotech Competition
FDA leadership outlines plans to rebuild staff strength and adapt regulatory strategies as U.S.-China rivalry reshapes drug development and patient engagement priorities.
Markets & Macro
Consumer Spending Grows in May as Inflation Hits Highest Rate Since Last Year
Despite rising prices, Americans continued spending in May, with consumer outlays rising, driven largely by inflation rather than increased purchasing power.
Markets & Macro
Inflation Surges in May Amid Iran Conflict, Broadening Economic Pressure
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.
Markets & Macro
Ghana’s Inflation Expected to Rise Sharply to 12.8% in 2027, Fitch Projects
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.
Markets & Macro
Major Tech Firms Collaborate to Launch AI Worker Retraining Initiative Led by Raimondo
A coalition including OpenAI, Anthropic, Amazon, and Microsoft supports a new nonprofit headed by Gina Raimondo to retrain American workers for the rising AI-driven economy.
Markets & Macro
Inflation’s Core Gauge Hits Highest Point in Three Years Amid Rising Cost Pressures
The core inflation index surged to a three-year peak, signaling growing affordability challenges as consumer prices continue to rise beyond volatile sectors.
Markets & Macro
Gold and Silver Prices Show Sharp Swings Amid Fed Rate Hike Speculation
Gold and silver futures fluctuated sharply as investors weighed potential US Federal Reserve rate hikes alongside easing geopolitical tensions and a strengthening dollar.
Markets & Macro
All 32 Largest U.S. Banks Pass Fed Stress Test Despite Severe Recession Scenario
The Federal Reserve confirmed that all 32 major U.S. banks maintained adequate capital in a severe 2026 recession stress test, supporting financial stability amid economic uncertainty.
Markets & Macro
Wall Street Recovers Broadly as Oil Prices Plunge Amid Middle East Developments
Major U.S. stock indexes climbed with broad gains on mixed signals from the Middle East and ahead of key tech earnings, boosted by a sharp drop in oil prices.