Treasurer says his Myefo, which shows a small improvement in the budget bottom line, is “the most responsible” on recordJim Chalmers has claimed “the most responsible mid-year update on record”, unveiling a multi-billion dollar improvement in the budget bottom line alongside extra money for mental h…
It took about three years, but now Mexico’s largest oil-processing plant is finally running at close to full tilt. That’s sending refining in the nation to the highest in more than a decade.
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert…
Despite President Trump's claims of an "A+++++" economy, rising bankruptcy rates among businesses, farmers, and health care companies indicate that the economy is facing significant challenges that need to be addressed.
While the application requirement may actually be a test on using artificial intelligence tools, an AI expert said that the skills being measured are not relevant to the job listed.
Agriculture Secretary Brooke Rollins sent a letter on Tuesday to Minnesota Gov. Tim Walz (D) requiring him to conduct recertifications for Supplemental Nutritional Assistance Program (SNAP) recipients in four counties. “As part of the recertification process, ensure SNAP households in Hennepin, Rams…
Ankur Crawford, Alger executive vice president and portfolio manager, says the macro backdrop is okay but not particularly strong. She tells Romaine Bostick and Katie Greifeld on “The Close” that she expects the consumer to be stronger in the first half of 2026. (Source: Bloomberg)
Soaring rents and housing costs have priced out young people, key workers and families from many European cities The European Commission has announced it will regulate short-term rentals and seek to curb speculation in the housing market, under the EU’s first-ever plan to tackle a shortage of afford…
New government data shows the unemployment rate rose slightly to 4.6% in November. That marks its highest level since September 2021. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The U.S. Bureau of Labor Statistics released last month's jobs report on Tuesday, which showed that 64,000 jobs were added in November after losing 105,000 in October. CBS News MoneyWatch correspondent breaks down how unemployment data could impact the Fed's next interest rate decision
Combined with softer than expected October data, this morning's numbers point to at least a modestly weaker jobs market as the economy heads into the end of the year.