Wall Street wants to know if DOGE-led job cuts will tip U.S. into recession

Date:

February 20, 2025

Government-related job cuts by the White House and its “Department of Government Efficiency” haven’t been big enough to show up in the data yet, but fears are growing that they could soon lead to a surge in jobless claims and undermine the strength of the labor market.

Source link

Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders

Love Is Blind’s Alex Spoke to Madison 'For a Brief Time' After Leaving Pods

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Wall Street wants to know if DOGE-led job cuts will tip U.S. into recession

Recent posts

Chamber of Commerce calls on Biden to stop dockworkers strike, citing inflation fears

Here’s Larry Summers’ advice to Trump on the economy and Elon Musk

Will Canada and Mexico tariffs hit? Trump official says they’re avoidable or possibly short term.

Under Armour’s ‘affinity for the underdog’ helps send stock toward record gain

Harris-Trump debate: How the U.S. election may impact bitcoin and other crypto prices

Here’s how economic issues could help Republicans take back the U.S. Senate

Oil turns higher for the week after hurricane Francine landfall

Ulta Beauty’s same-store sales take a surprising turn, and retailer’s stock drops 8%

Nvidia CEO’s swagger isn’t enough to support the stock, as tiny cracks emerge

The financial pressures facing some swing state voters: ‘We can’t afford to live’

Oil prices tick higher as investors await OPEC+ decision

Elliott may get Southwest board seats under potential settlement, reports say

Investors question Fed’s rate cut amid signs of faster economic growth

Jobs report and Trump’s trade war hold keys to outlook for stocks

ASML says chip-market slump will mainly impact sales to China

Related articles

Live Nation expects a big 2025, boosted by stadium shows, but sees some bumps in the first quarter

As Trump, GOP grow leery of Medicaid cuts, here’s who may foot tax-cut bill

U.S. stocks are back at record highs. Is it too late to chase the bull market?

Should you be worried about Elon Musk’s DOGE accessing your Social Security information?

Milei’s crypto scandal weighed on Argentine stocks on Tuesday. Here’s why they could bounce back.

Super Micro surges to be top performer in S&P 500 on hopes of big AI server deals

AMD is doing better in AI than Wall Street thinks, this analyst says

‘Trump trades’ like the dollar and bitcoin are stalling, while Chinese stocks are racing ahead

Company

Follow us