Kevin Hassett says he would rely on his own judgment and not bow to political pressure to decide whether to cut interest rates if he becomes the next chairman of the Federal Reserve

Kevin Hassett says he would rely on his own judgment and not bow to political pressure to decide whether to cut interest rates if he becomes the next chairman of…

Continue ReadingKevin Hassett says he would rely on his own judgment and not bow to political pressure to decide whether to cut interest rates if he becomes the next chairman of the Federal Reserve

Layoffs crept higher in recent months, but the job market remained fundamentally steady since the summer, the Labor Department reported Tuesday

The Labor Department’s JOLTS survey shows rate of layoffs ticked up to 1.2% in October versus 1.1% in August. 2025-12-09 16:16:00 Matt Grossman

Continue ReadingLayoffs crept higher in recent months, but the job market remained fundamentally steady since the summer, the Labor Department reported Tuesday