#labor-market-weakness

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Business
fromFuturism
1 week ago

The AI Bubble Bursting Would Actually Be Incredible for the Economy, Economist Says

AI-driven gains concentrated in a handful of tech firms inflate markets while broader economic indicators show worsening conditions and rising household distress.
Business
fromFortune
3 weeks ago

Wall Street is locked in for a Fed rate cut next week: The only question is how far and how fast Powell will go

Markets expect the Federal Reserve to cut interest rates by 0.25% next week, with a minority speculating a 0.5% "jumbo" cut after weak labor data.
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