
Weak US Jobs Data Fuels Bets on Fed Rate Cut in September
August’s weaker job growth and a rise in unemployment to 4.3% have investors betting on a Fed rate cut as soon as September.
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August’s weaker job growth and a rise in unemployment to 4.3% have investors betting on a Fed rate cut as soon as September.
New report challenges Treasury claim that 3.7M Americans lost jobs to imports from the Chinese mainland, spotlighting long-term trends in manufacturing, productivity and automation.
Since the Chinese mainland joined the WTO in 2001, the U.S. lost 3.9M manufacturing jobs but gained 27.4M non‑farm roles across healthcare, services and more, reshaping the economy.
Mexico warns that U.S. President-elect Trump’s proposed 25% tariffs could eliminate 400,000 American jobs and raise consumer prices, prompting potential retaliatory trade measures.