Your Pulse On America: Live And Unfiltered
The U.S. Capitol in Washington, DC. Win Mcnamee | Getty Images News | Getty Images A looming government shutdown could leave hundreds of thousands of federal employees without a paycheck and put key economic data — including the closely watched Bureau of Labor Statistics jobs report — on ice. Congress has just four days left…
The U.S. Capitol in Washington, D.C., is seen on a cloudy and foggy morning, March 6, 2024. Kevin Dietsch | Getty Images The White House warned federal agencies to prepare for mass firings if Congress does not reach a deal to fund the government before next Wednesday. A memo released Wednesday by the Office of…
In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be “unable to to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance.” TD Cowen analyst Andrew Charles wrote in a note to clients that the…
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its…
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in…
Vegetables on display in a grocery store on August 15, 2025 in Delray Beach, Florida. Joe Raedle | Getty Images From clothing to auto parts to electronics and more, tariffs are making everyday items cost more at a time when the labor market is looking increasingly fragile. A key Bureau of Labor Statistics inflation report…
The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025. Bloomberg | Bloomberg | Getty Images The White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of Labor Statistics, former President Joe Biden and Federal Reserve Chair Jerome…
In the latest sign of trouble for the U.S. labor market, confidence in the ability to move from one job to another has hit a record low, according to a New York Federal Reserve survey released Monday. Respondents to the central bank’s monthly Survey of Consumer Expectations for August indicated a 44.9% probability of finding…
White House economic advisor Kevin Hassett called Friday’s new jobs report number “a little bit disappointing,” but added, “I expect it’s going to revise up.” Hassett’s comments on CNBC’s “Squawk on the Street” came shortly after the Bureau of Labor Statistics reported that nonfarm payrolls rose by only 22,000 in August. That is less than…
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not…