war

Hiring recently hit unprecedented levels as economy ‘virtually shut down’ during COVID, top economist says | Good luck

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Hiring recently hit unprecedented levels as economy 'virtually shut down' during COVID, top economist says | Good luck

The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more

America’s debt suddenly draws less demand as $10 trillion must be passed this year during the Iran war. ‘The bond market remains unbeatable’ | Good luck

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America's debt suddenly draws less demand as $10 trillion must be passed this year during the Iran war. 'The bond market remains unbeatable' | Good luck

President Donald Trump’s war against Iran is clashing with US bond investors, who have shown little appetite for Treasury securities as they hope the war will end soon. This past week, auctions of two-, five- and seven-year Treasury notes all attracted weak demand, forcing yields higher than expected. That’s a big difference from last month, … Read more