Monica Muñoz, top, and Denise Denning place black encapsulating material on solar panels at Elin Energys solar panel manufacturing facility, Thursday, April 25, 2024, in Brookshire. Brett Coomer | Hearst Newspapers | Getty Images The deflation act sparked a manufacturing boom in the US, mobilizing tens of billions of dollars …
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The Fed faces up to a million US jobs disappearing during the review
(Bloomberg) — U.S. job growth in the year to March was likely much less robust than initially expected, risking fueling concerns that the Federal Reserve is falling further behind the curve on interest rate cuts. Bloomberg’s most read Economists Goldman Sachs Group Inc. and Wells Fargo & Co. preliminary revisions …
US-China financial stress hotline a timely connection – Asia Times
The agreement between the US and China to name designated people to handle future “financial stress events” in the world’s two largest economies and beyond could not be better timed. This dialogue framework is the most notable outcome of last week’s meeting of the Financial Working Group created last year …
Bay Area sheds thousands of jobs as tech layoffs rock economy
Bay Area employers have cut thousands of jobs in a troubling economic downturn that suggests waves of layoffs in the struggling tech industry are affecting the region’s employment outlook more broadly. Much of last month’s job losses in the Bay Area were the result of large job cuts in the …