Job Losses and Wall Street Woes Cloud NYC’s Economic Outlook

Home health aides are rallying ahead of a sit-in outside City Hall to demand the passage of a bill ending 24-hour shifts.

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

Global bonds are reeling from heavy monthly losses as the war economy grows

Bond markets are under pressure as the war in the Middle East raises inflation concerns

Prolonged conflicts change the market’s focus to bearish growth Central banks walk a tightrope; UK long-term interest rates are expected to rise by around 100 bps in March Germany is up 69bps, US is up 50bps SINGAPORE/LONDON/NEW YORK, March 30 (Reuters) – Global government bonds are headed for their biggest monthly decline in years as … Read more

Dow drops nearly 800 points and enters correction, S&P 500 posts fifth straight week of losses: Live Updates

hide information

Traders work on the floor of the New York Stock Exchange on March 27, 2026. Spencer Platt | Getty Images The Dow Jones industrial average it fell on Friday and fell into the correction zone, while Brent exceeded $ 110 after events in the Strait of Hormuz exacerbated investor concerns about energy supply and the … Read more