@return2ozma to News • 17 hours agoPrivate employers added just 77,000 jobs in February, far below expectations, ADP sayswww.nbcnews.comexternal-linkmessage-square3arrow-up157arrow-down10cross-posted to: workreform
arrow-up157arrow-down1external-linkPrivate employers added just 77,000 jobs in February, far below expectations, ADP sayswww.nbcnews.com@return2ozma to News • 17 hours agomessage-square3cross-posted to: workreform
minus-squaresp3ctr4llinkfedilinkEnglish5•11 hours agoWTI (West Texas Intermediate) oil futures are also dropping rapidly, in expectation of lower demand. https://www.fxstreet.com/news/wti-slumps-to-near-6750-as-trump-tariffs-weigh-on-global-oil-demand-outlook-202503050930 Translating that for non economists: world trade is collapsing, Great Depression 2.0 here we come!
WTI (West Texas Intermediate) oil futures are also dropping rapidly, in expectation of lower demand.
https://www.fxstreet.com/news/wti-slumps-to-near-6750-as-trump-tariffs-weigh-on-global-oil-demand-outlook-202503050930
Translating that for non economists: world trade is collapsing, Great Depression 2.0 here we come!