return2ozma@lemmy.world to News@lemmy.world · 4 days agoPrivate employers added just 77,000 jobs in February, far below expectations, ADP sayswww.nbcnews.comexternal-linkmessage-square3fedilinkarrow-up158cross-posted to: [email protected]
arrow-up158external-linkPrivate employers added just 77,000 jobs in February, far below expectations, ADP sayswww.nbcnews.comreturn2ozma@lemmy.world to News@lemmy.world · 4 days agomessage-square3fedilinkcross-posted to: [email protected]
minus-squaresp3ctr4l@lemmy.ziplinkfedilinkEnglisharrow-up5·4 days 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!