After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
U.S.-based employers cut 57,727 jobs in November, the fourth-worst November for job cuts since the 2008 financial crisis and marking a 5% rise in job cuts year-to-date from 2023, according to a new ...