Month: October 2025

In 25Q3, companies announced 202,118 layoffs, the highest third-quarter total since 2020, when 497,215 were recorded. So far this year, firms have cut 946,426 jobs, also the most for January–September since 2020. That’s up 55% from last year’s 609,242 cuts…

The Friday File: When asked to score 25 key sectors of the economy, Americans gave top grades to Farming & Agriculture with a positive score 60/100, followed closely by the Computer Industry at 59%. Restaurants are third at 52%. They…

With the government closed, the BLS’ September monthly job report due Friday is delayed. However, the September ADP private-sector jobs report, based on data from employers who use ADP and covering over 26 million workers, 19% of private-sector employment, showed…

Stablecoins are backed by non-monetary assets, primarily government bonds. Importantly, you can transact with stablecoins without a bank account, but critically, stablecoin platforms lack access to the central bank. As a result, their stability will depend on redemption rules, which…