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​Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021.
What We're Watching

August jobs report raises uncertainty ahead of Fed meeting

Friday’s new US jobs report showed that unemployment ticked down to 4.2% and employers added 142,000 jobs in August, lower than the 161,000 expected.

Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021.
What We're Watching

25 or 50? Jobs report likely to influence magnitude of Fed’s rate cut

Uncertainty will be high as the markets open today. Selloffs in the US market this week have raised recession fears while investors await the release of Friday’s US jobs report.

US President Joe Biden grapples with inflation.
News

Why job and wage growth in the US are freaking out investors

The jobs report for November came in hot Friday, revealing that wage and job growth in the world’s largest economy remain robust. Sounds like a good thing, right? Well, not when the US economy is reeling from decade-high inflation.

Will Joe Manchin thwart Biden's spending? FDA credibility hit
US Politics In 60 Seconds

Will Joe Manchin thwart Biden's spending? FDA credibility hit

What does the disappointing jobs number mean for the Democrats' agenda? Two top FDA vaccine regulators are about to leave this fall. How will this influence the vaccine rollout? Get insights on the latest news in US politics from Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC.