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Jobs Are Plentiful? Tell That to the Unemployed

2026-01-10 01:45:34

Americans seemed to have received some good news Friday on the labor market: The unemployment rate in December fell to 4.4% from a revised 4.5% in the November (highly noisy) monthly report. The stock market reacted by climbing toward a record, and bond traders pared bets that the Federal Reserve would continue cutting benchmark interest rates to protect jobs. And yet, key parts of the report from the Bureau of Labor Statistics suggest that while conditions may not  be deteriorating, the ground

India’s Fast Delivery Workers Want to Slow Down

2026-01-10 00:00:15

About 200,000 members of the gig economy went on strike on New Year’s Eve. Is that a sign of things to come?

What We’re Watching in 2026

2026-01-09 22:08:42

With a year of unprecedented events behind us, we may be in for another wild ride in 2026. Our columnists have some predictions about AI, the housing market, the Fed and more.

The US Sphere of Influence Is Bigger Than It Looks

2026-01-09 22:00:17

The Venezuela operation doesn’t signal a desire to end global ambitions.

Don’t Fall for the Myth of the ‘Brittle’ Strongman

2026-01-09 21:00:17

If there was still any doubt that we live in an age of strongmen, it was snuffed out on the night of Jan. 4, when one strongman seized another, in his Venezuelan lair, and flew him to the US. Donald Trump has declared that he is now “ultimately” in charge of Venezuela, and his deputy chief of staff, Stephen Miller, poured scorn on idle talk about “international niceties,” proclaiming that we live in a world “that is governed by strength, that is governed by force, that is governed by power.”

Glencore Prepares for the Trade of All Trades With Rio Tinto

2026-01-09 20:57:05

The potential combination of Rio Tinto Plc and Glencore Plc to create the world’s largest mining company is back on. There are some obvious reasons why a deal mooted so many times and for so many years is being reattempted now. But the bottom line is how good a price Glencore — a trader by DNA — can squeeze from its suitor.