Americans

Amid tough job market for young Americans, Fed Chair Powell tells students not to despair

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Fed Chair Jerome Powell Speaks at Harvard

Federal Reserve Chairman Jerome Powell has a message for young Americans looking for work in a tough job market: Don’t be discouraged, even though job creation remains weak and the threat of artificial intelligence remains. The chairman of the Fed, who gave comments on Monday to an undergraduate economics class at Harvard University, talked a … Read more

Even wealthy Americans are struggling economically as gas prices rise and stocks fall | CNN Business

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Job seekers attend a job fair held at Amerant Bank Stadium in Sunrise, Florida, on September 25, 2025.

Washington – Americans are growing pessimistic about the U.S. economy as the Iran war continues to shake out, with sentiment falling across all income groups — including the wealthiest. Consumer sentiment fell 6% this month to a final reading of 53.3, the University of Michigan said Friday, down from what was reported earlier this month, … Read more