Senior officials from the Federal Reserve are sounding the alarm for impending recession: warning signals for the economy and employment are flashing!

Next year, Piotr Gulczyński, the chairman of the Polish National Bank, stated that there is a risk of continuously rising unemployment rates. The Federal Reserve may need to cut interest rates before the job market weakens further, otherwise it may act too late and jeopardize the economy.

wallstreetcnAug 16 11:26 ET

S&P 500 and Dow Jones Industrial Average Fall as Stocks Take a Breather From Recent Rebound

Jerry KronenbergAug 16 10:46 ET

Caterpillar, Microsoft Share Losses Lead Dow's 100-Point Drop

MarketWatchAug 16 10:33 ET

U.S. Consumer Sentiment Improves for First Time in Five Months as Inflation Stabilizes

Luzi Ann SantosAug 16 10:25 ET

New-Home Construction Plunges to Lowest Level Since May 2020

MarketWatchAug 16 09:39 ET

Opening: US stocks opened lower on Friday, and the three major stock indexes are expected to record larger gains this week.

On the evening of the 16th Beijing time, US stocks opened slightly lower on Friday. This week, the three major US stock indexes all recorded gains.

環球市場播報Aug 16 09:30 ET