The trendy Hillcrest neighborhood of San Diego, California, was the backdrop for violent acts and hate crimes. Business owners had enough. The Hillcrest Business Association‘s members in 2024 began paying a third-party service around $400,000 annually for eight hours of unarmed security guard patrol each day. The association plans to add about $150,000 to the…
Jobseekers speak with a recruiter during the Catalyst Career Group Dallas Job Fair in Dallas, Texas, US, on Wednesday, July 29, 2026. Dylan Hollingsworth | Bloomberg | Getty Images There’s a group to thank for August’s blockbuster jobs report: women. Women accounted for 158,000 — or around 98% — of the 162,000 jobs added in…
Investors should expect the sell-off of global government bonds to continue, renowned economist Mohamed El-Erian told CNBC on Friday. “I don’t see any appetite in the U.S. for immediate fiscal consolidation. So I suspect we will continue to see upward pressures on yields,” he told CNBC’s Carolin Roth at the Ambrosetti Forum in Cernobbio, Italy….
Federal Reserve Governor Christopher Waller said Thursday he is leaning toward keeping interest rates steady at the central bank’s September meeting provided there are no surprises from upcoming inflation data. In remarks that seem to contrast with statements last week from Chairman Kevin Warsh, Waller expressed confidence in the current inflation trends, saying that tariff…
The El Niño climate event is intensifying into a “supersized” phenomenon that will persist until February 2027, raising the risk of floods, droughts and extreme heat in many countries, the United Nations warned on Thursday. It “has the potential to deliver a massive blow to communities and economies across the world,” Celeste Saulo, secretary general…
New York Federal Reserve President John Williams said Wednesday that the recent surge in Treasury yields is the product of a strong economy, not market dysfunction. The central bank policymaker added in a CNBC interview that he’s still absorbing economic data, and did not commit on whether he thinks an interest rate hike is necessary….
The Bank of Canada has held interest rates, amid the prospect of weaker growth and higher inflation, thanks to the retaliatory tariff blitz that followed the collapse of U.S. trade negotiations. The central bank decided to hold its key rate at 2.25% at its September meeting, it announced Wednesday, despite citing elevated energy prices resulting…
Private U.S. companies added jobs at a slightly slower-than-expected pace in August, with gains concentrated heavily in health care and a few other industries, ADP reported Wednesday. The payrolls processing firm said firms added 38,000 workers, fewer than the upwardly revised 46,000 in July and below the Dow Jones consensus estimate for 47,000. Though job…
Federal Reserve Board Governor Michael Barr speaks about “Artificial Intelligence and the Labor Market” to the New York Association for Business Economics (NYABE) in New York City, U.S., Feb. 17, 2026. Brendan McDermid | Reuters Federal Reserve Governor Michael Barr said Tuesday he would be prepared to support an interest rate hike if inflation doesn’t…
Traders work on the floor the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 2, 2026. Michael Nagle | Bloomberg | Getty Images U.S. Treasury yields increased on Tuesday, as renewed tensions in the Middle East drove global government borrowing costs to their highest point going back to early last year….
