Author: Leslie Stewart

“We’re Hiring” sign at Cookout Fast Food Restaurant in Durham, North Carolina, November 25, 2025.Al Drago | Getty ImagesThe US labor market showed perhaps modest improvement in December, providing some encouragement for the year ahead, but not much to get excited about.Nonfarm payrolls are likely to increase by 73,000 people last month, and the unemployment rate has fallen slightly to 4.5%, according to the Dow Jones Consensus. The Bureau of Labor Statistics will release the report at 8:30 a.m. ET on Friday.If these numbers are approximately accurate, that would be a slight increase from the average monthly increase of 55,000…

U.S. Treasury Secretary Scott Bessent speaks during a press conference to launch the official Trump Account website at the Treasury Department in Washington, DC, on December 17, 2025. Aaron Schwartz | ReutersTreasury Secretary Scott Bessent on Thursday emphasized his administration’s desire to lower interest rates, saying they are key to future economic growth.In a speech he plans to give at the Economic Club of Minnesota, Bessent supports President Donald Trump’s economic policies and said easy monetary policy will help pave the way for future gains.”Lowering interest rates will have a measurable impact on the lives of all Minnesotans,” he said,…

The top federal prosecutor in the Northern District of New York held his position illegally, a judge ruled Thursday.U.S. District Judge Lorna Schofield’s ruling against Assistant U.S. Attorney John Sarcone III marks the fifth time a judge has found a top prosecutor appointed by Attorney General Pam Bondi to have held the office illegally.As in other cases, Mr. Schofield ruled that the Justice Department attempted to use impermissible workarounds to keep Mr. Sarcone in office despite the 120-day limit on U.S. attorneys whose nominations have not been confirmed by the Senate.”The Department of Justice did not follow such a process.…

Maersk and HMM container ships dock at the Port of Los Angeles on Wednesday, September 24, 2025 in Los Angeles, California, USA. Eric Thayer | Bloomberg | Getty ImagesThe U.S. trade deficit has fallen to its lowest level since mid-2009, six months after President Donald Trump imposed tariffs, the Commerce Department reported Thursday.The trade shortfall in October was just $29.4 billion, down 39% from the previous month, as exports rose and imports fell. Exports increased by 2.6%, but imports decreased by 3.2%.This total was the lowest since the second quarter of 2009, as the United States was just emerging from…

Business representatives sit at a table during the Harlem Career Fair hosted by Congressman Jordan Wright on December 10, 2025 in New York City. Spencer Pratt | Getty ImagesThe number of announced layoffs fell sharply in December, hitting a 17-month low in a sign that the labor market may at least be stabilizing, consulting firm Challenger, Gray & Christmas reported on Thursday.The number of planned layoffs for the month was 35,553, a 50% decrease from November and an 8% decrease compared to the same period last year. This was the lowest total since July 2024 in a year dominated by…

Conservative activist CJ Pearson said this week that Democrats and big banks are plotting to undermine President Donald Trump’s crypto-friendly policies as the Senate prepares to consider a digital asset bill. Pearson singled out Sen. Katie Britt (R-Ala.) as a key figure in the Republican Party’s innovation advocacy, calling her a “key player” in efforts to protect consumer choice and economic freedom. At issue are stablecoins, which are digital tokens pegged 1:1 to the dollar. Supporters argue that the token will act like digital cash, speeding up transactions and strengthening the dollar’s global role as commerce moves on-chain. Last year,…

Author | Meng Yansauce: https://mp.weixin.qq.com/s/qQnpt0RMXC2yO0-sBJfcLwDisclaimer: This article is a reprint. See the original link for more information. If the author has concerns about the format of the reprint, please contact us. We will adjust it according to your request. This reprint is for information sharing purposes only. It does not constitute investment advice and does not represent the views or position of WuBlockchain.Over the past two weeks, the “AI bubble” has become the hottest topic in the global tech world. The debate has been so intense that the total market value of the Nasdaq market has already fallen by about…

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“Join Our Team” flyer at the Appalachian State University Internship and Job Fair on Wednesday, October 1, 2025 in Boone, North Carolina, USA. Alison Joyce | Bloomberg | Getty ImagesPrivate sector job creation turned positive in December, payroll firm ADP said on Wednesday, but at a slightly slower pace than expected.Businesses added 41,000 jobs in the month, reversing a decline of 29,000 in November and providing a bright spot for a struggling labor market as 2025 draws to a close. Payrolls at private companies had declined in three of the four months leading up to the December announcement.The final tally…