Stanley Druckenmiller gives Biden’s economic policies an ‘F,’ blames the Fed for reigniting inflation
He called "Bidenomics" a failure and said consumers are paying the price in terms of higher inflation.
Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey shows
The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.
Jobless rates rise in April for all race groups except Black Americans
The unemployment rate for Black Americans slid in April, bucking the trend for other demographic groups.
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.
Turkey’s inflation accelerates to nearly 70% in April
Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.
Here’s what to expect from the April jobs report on Friday
The Bureau of Labor Statistics report drops at 8:30 a.m. ET.
UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.