Companies Cut 32,000 From Payrolls as Fed Debates Trimming Main Rate: ADP

Companies cut 32,000 from payrolls as Fed debates trimming main rate: ADP

Futures traders have increased the odds that the Federal Reserve on Dec. 10 will cut borrowing costs to 89% from 83.4.% last week.

US Jobs COLLAPSE: 32K ADP Losses + 1.17M Layoffs

In a stark signal that America’s labor engine is sputtering, private employers shed 32,000 jobs in November, marking the third decline in four months and fueling urgent calls for the Federal Reserve to slash interest rates once more. The ADP National Employment Report, a closely watched private-sector gauge often seen as a precursor to official […]

Trump says he’s already picked Powell’s replacement as Federal Reserve Chair

Tom Ozimek Reporter President Donald Trump said on Nov. 30 that he has already decided on his pick to replace Federal Reserve Chair Jerome Powell, adding that an announcement is forthcoming, but declining to identify his nominee. “I know who I am going to pick, yeah,” Trump told reporters on Air Force One on his […]

Federal Reserve News Today: Markets Price In December Rate Cut as Trump Teases New Fed Chair Pick

As of Friday, December 5, 2025, all eyes are on the Federal Reserve ahead of next week’s December 9–10 FOMC meeting. Markets are betting heavily on another interest‑rate cut, economists’ surveys show a strong consensus for a 25‑basis‑point move, and a new political twist has entered the picture as President Donald Trump signals he will name a new Fed chair in early 2026, with economic adviser Kevin Hassett seen as the frontrunner.  Al Jazeera+3F…

Payroll Cuts Deepest Since Early 2023, ADP Says | Corp! Magazine

ADP Research data indicates U.S. companies are shedding payrolls faster than at any time since early 2023, adding to concerns about a more pronounced weakening in the labor market. ADP reports that private-sector payrolls decreased by 32,000 in November, the fourth time in the last six months they’ve fallen, according to a report from Bloomberg. […]