Spending Slowdown Risking US 'Jenga Tower' Economy

06 November 2025

Ramon Bonilla

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Corporate profits are soaring even as layoffs mount. Economists call it a "jobless boom."

As U.S. corporate profits rise and the stock market hits new highs, investors are reaping the rewards. Yet…

Chicago Fed’s Goolsbee says he’s cautious about further rate cuts during shutdown

Chicago Federal Reserve President Austan Goolsbee on Thursday expressed hesitation about lowering interest rates further because the government shutdown…

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