New York City is losing jobs, making life difficult for Mayor Zohran Mamdani as he seeks to close a massive budget deficit while emphasizing economic justice over growth. The city lost 20,000 jobs by 2025 to end the year with 4.823 million employees, according to updated employment figures released Thursday by the state labor department. … Read more
This week, the market is focused on the US labor market data, especially against the backdrop of growing concerns about the recession. Employment has become an important window for evaluating macroeconomic trends. The upcoming ADP employment data, scheduled for release on Wednesday, is expected to show that the US private sector added about 40,000 new … Read more
This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Happy Tuesday. In a partnership you may not have seen coming, Warren Buffett is teaming up with the NBA’s Stephen Curry to launch his own charity lunch. Stock futures are rising this morning. The S&P 500 finished yesterday’s meeting in … Read more