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Paul Wiseman

Paul Wiseman

Inc.com

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U.S. longshoremen have reached a tentative agreement with ports and shippers, averting a crippling potential strike

U.S. longshoremen reached a contract agreement with ports and shippers, averting a potential strike that could have damaged the American economy.

09.01.2025 50

Fortune

Paul Wiseman

Economist predicts Trump’s tariffs won’t just be for leverage like his first presidency: ‘I don’t think many countries would be able to negotiate their way out of it’

Paul Ashworth of Capital Economics spoke recently about what will happen to the economy under Trump.

23.12.2024 7

Fortune

Paul Wiseman

The latest U.S. GDP report card suggests Trump is about to inherit a healthy American economy before making sweeping changes to it

Thursday's report was the Commerce Department's third and final look at third-quarter GDP.

19.12.2024 6

Fortune

Paul Wiseman

The job market is still strong, but unemployment is up and Americans are out work for longer stretches

The average unemployed American last month had been out of work for 23.7 weeks, the longest such stretch in 2 1/2 years.

06.12.2024 4

Fortune

Paul Wiseman

Hurricanes and strikes limit US payroll gains to just 12,000, but jobless rate steady at 4.1%

The jobs report also revised down gains in August and September by a combined 112,000, indicating that the labor market wasn't quite as robust then...

01.11.2024 3

Fortune

Paul Wiseman

Biden to stop U.S. citizens from helping China’s AI sector find talent as part of widened investment ban

Blocking China's high-tech ambitions is one of the few issues that enjoys broad support in Washington from both Republicans and Democrats.

29.10.2024 5

Fortune

Paul Wiseman

The IMF forecasts a sharp drop in inflation—but China’s growth is set to slow

The IMF expects China's economic growth to slow from 5.2% last year to 4.8% this year and 4.5% in 2025.

22.10.2024 1

Fortune

Paul Wiseman

Donald Trump isn’t letting go of the idea that high tariffs won’t raise inflation no matter what economists say

Appearing before a friendly audience at the Economic Club of Chicago, the Republican presidential nominee repeatedly asserted that tariffs are...

16.10.2024 3

Fortune

Paul Wiseman

Trump’s anti-inflation economic plans would likely send prices surging, experts say

They warn that his plans to impose huge tariffs on imported goods, deport millions of migrant workers and demand a voice in the Federal Reserve's...

15.10.2024 7

Fortune

Paul Wiseman

U.S. economy creates 254,000 jobs as unemployment rate dips to 4.1% in blowout report

In its report Friday, the Labor Department also revised up its estimate of job growth in July and August by a combined 72,000.

04.10.2024 20

Fortune

Paul Wiseman

Here’s how Biden could use a 1947 law to suspend the dockworkers’ strike

Biden has said, though, that he won't intervene in the strike.

02.10.2024 7

Fortune

Paul Wiseman

US job openings rose in August, surprising economists

The Labor Department reported Tuesday that employers posted 8 million vacancies in August, up from 7.7 million in July.

01.10.2024 1

Fortune

Paul Wiseman

How Trump’s 60% tariffs on China imports and up to 20% on everything else would work—and what they would do

“Tariffs are the greatest thing ever invented,’’ Trump said this month in Flint, Mich.

27.09.2024 10

Fortune

Paul Wiseman

It’s easier than ever to keep your job—but harder than ever to land one

The job market is in an unusual place right now.

05.09.2024 2

Fortune

Paul Wiseman

Americans looking for work feel increasingly insecure as red-hot labor market cools down

The pace of hiring has slowed, and landing a job has become harder.

05.09.2024 3

Fortune

Paul Wiseman

Unemployment rate jumped to 4.3% in July as hiring hit the brakes

The finance and information sector lost jobs as the construction sector grew.

02.08.2024 8

Fortune

Paul Wiseman

Hiring falls below pre-pandemic levels as employers pull back in a cooling job market

"The labor market is now slacker and slower than before the pandemic, and the pace of hiring is the slowest it has been since 2014, outside of the...

30.07.2024 1

Fortune

Paul Wiseman

U.S. economy sped up last quarter, boosting hopes for a ‘soft landing’

Inflation continued to ease as consumer spending held up, bringing the Fed closer to a likely interest-rate cut in September.

25.07.2024 10

Fortune

Paul Wiseman