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The Latest Breaking News from Oliver Allen

America saw 'essentially no job growth' last month, warns Moody's, and any roles added were in three wealthy states

Moody’s warns U.S. job growth has stalled as the shutdown halts official labor data, forcing Wall Street and the Fed to rely on patchy private reports.

The August home sales mystery: Top analyst says 'implausible' housing market data 'defies credulity'

The August home sales mystery: Top analyst says 'implausible' housing market data 'defies credulity'

Pantheon Macroeconomics' Oliver Allen says it's "inexplicable" that new home sales would jump to their highest level in more than three years all of a sudden.

Top analysts say Trump’s tariffs are suppressing wage growth as companies cut costs to pay for them

Top analysts say Trump’s tariffs are suppressing wage growth as companies cut costs to pay for them

A key job market indicator recently hit zero, signaling that employers are reducing pay growth when offering new jobs.

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ADP says the private sector is shrinking. That's bad news for the job market—but possibly great news for Trump

The payroll firm’s report may be a bellwether for a private-sector slowdown.

Fed governor breaks ranks and says rate cuts could resume next month to prevent further cracks in the job market

“If you’re starting to worry about the downside risk to the labor market, move now, don’t wait,” Waller told CNBC.

US Existing Home Sales See Biggest Drop Since 2022

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on affordability for homebuyers.

International Business Times

Stock Market Today: Markets Tumble on DeepSeek Shock

A cheap AI chatbot from China disrupted the biggest U.S. tech companies.

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Stock Market Today: Stocks Rally on Strong Netflix Earnings

Stock Market Today: Stocks Rally on Strong Netflix Earnings

Mega-cap tech leads the charge as markets rise for a sixth straight week.

Stock Market Today: Markets Slip on Hot Inflation Print, Layoff News

Stock Market Today: Markets Slip on Hot Inflation Print, Layoff News

Economic data continues to complicate expectations for Federal Reserve rate cuts.

Sales Of US Existing Homes Slip Slightly In August

Sales Of US Existing Homes Slip Slightly In August

Sales of previously owned US homes fell in August, according to industry data released Thursday, but lower mortgage rates and growing supply were likely to boost the industry.

International Business Times

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