Stock Market

Something strange, and potentially alarming, is happening to the job market for young, educated workers,” writes Derek Thompson in The Atlantic. According to new data from the New York Federal Reserve, “labor conditions for recent college graduates have ‘deteriorated noticeably’ in the past few months,” with an unemployment rate now standing at “an unusually high

Residential real estate inventory in the Las Vegas Valley jumped 44.5 percent in March compared to the same month in 2024, according to Zillow’s latest market report. “What’s happening nationally is playing out similarly but more prominently in Las Vegas,” said Kara Ng, a senior economist with Zillow. “Sellers are listing their homes at far

The global smartphone market grew by just 0.2% last quarter, according to the latest Canalys findings. While that marks a slight increase, it’s a notable decline compared to previous growth numbers and represents the third consecutive quarter of slowed growth. “Markets that had shown strong momentum over the past year, such as India, Latin America,

A few weeks ago, Los Angeles real estate agent Scott Price received a rare call: “His buyer was backing out — just two days before closing.” Price explained, “This is not a common occurrence for me… It was a very unusual event.” The reason? Economic unease. Warned by his company of potential layoffs, the buyer

US stocks soared Wednesday, but the S&P 500 is still trying to climb out of a slump instigated by President Donald Trump’s trade war. After hitting a record high in February, the S&P 500 dropped into correction in March as Trump unveiled his plan for tariffs. The benchmark index as of Wednesday was still down

WASHINGTON — American employers added a better-than-expected 177,000 jobs in April as the job market showed resilience in the face of President Trump’s trade wars. Hiring was down slightly from a revised 185,000 in March and came in above economists’ expectations for a modest 135,000. The unemployment rate remained at a low 4.2%, the Labor

The U.S. economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses. Gross domestic product, which measures all the goods and services produced in the economy, registered at an annualized rate of -0.3% in the first quarter, the Commerce Department said Wednesday. That’s a sharp slowdown

As of May 2, 2025, stock futures are trending upward as investors prepare for today’s key nonfarm payrolls report. The April employment data is expected to provide an early look at the economic effects of President Trump’s “Liberation Day” tariffs, which were implemented recently. The report follows an early readout on first-quarter growth, which showed

Something strange, and potentially alarming, is happening to the job market for young, educated workers. According to the New York Federal Reserve, labor conditions for recent college graduates have “deteriorated noticeably” in the past few months, and the unemployment rate now stands at an unusually high 5.8 percent. Even newly minted M.B.A.s from elite programs