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US Core CPI Picks Up on Services
Bloomberg Television· 2025-08-12 16:06
The United States has the best government data in the world by a lot, and there are dedicated civil servants who literally go around the country checking prices in every community of every variable and making sure the data is as clean and reflective of what's really happening as they can. My textbooks say you're going to be nuts. You can't cut rates given a two or three ish three month annualized inflation.Do you see any sense of transitory in these statistics. I think we're in a new regime for inflation. I ...
X @The Economist
The Economist· 2025-08-12 11:20
The bottom has fallen out of the job market https://t.co/hWrv2Tojos ...
X @Investopedia
Investopedia· 2025-08-11 22:30
Rising inflation could put the Federal Reserve in a dilemma: lower interest rates in September to boost the economy and preserve the job market, or keep them high to prevent inflation from surging. https://t.co/u0Re0GQpHX ...
X @The Economist
The Economist· 2025-08-10 10:20
The bottom has fallen out of the job market https://t.co/3GYEDULWa6 ...
AI Boom, Entry-Level Bust: Why College Grads Are Struggling to Land Jobs
Bloomberg Television· 2025-08-09 12:07
We start with another uncomfortable truth linked to AI-- the possibility that this time, it really is different, different in what technological change is doing to recent college graduates trying to start their careers. There is no question that AI is here to stay. Just last month, we reported that Anthropic, a company that didn't exist 6 years ago, could be worth more than Nike or Starbucks.-Anthropic 170 billion, xAI in talks for 200 billion, and I think there's nowhere to go but up. Westin: and there's n ...
X @Bloomberg
Bloomberg· 2025-08-08 12:36
The Canadian economy lost the most jobs since January 2022, and excluding the pandemic, it's the largest drop in seven years https://t.co/4w8YAq6aZu ...
X @The Economist
The Economist· 2025-08-08 07:00
The bottom has fallen out of the job market https://t.co/KkgPdN8nCx ...
X @Bloomberg
Bloomberg· 2025-08-07 15:18
US consumer inflation expectations rose in July and perceptions of the job market improved, according to a monthly Federal Reserve Bank of New York survey https://t.co/CQixboahOV ...
The job market is 'kind of like a black hole' for recent grads
NBC News· 2025-08-06 19:58
Getting a job is a full-time job. Recent grads are facing one of the toughest job markets in a decade. My perception is it's kind of like a black hole out there.Out of 70 plus jobs, had three job interviews, and out of those three, I got ghosted from two of them. New data from the US Bureau of Labor Statistics shows on average recent grad unemployment has been around 5.3% in 2025 compared to roughly 4% of the entire workforce according to economists from the Federal Reserve Bank of New York. And some degree ...
X @The Economist
The Economist· 2025-08-06 12:00
Employers in America had added fewer jobs than expected in July, according to the Bureau of Labour Statistics’ latest report. Declining response rates to government surveys may have played a role https://t.co/MGhNLZYULY ...