Jobs report shows US unexpectedly lost jobs in July
(WASHINGTON) -- The U.S. economy unexpectedly lost jobs in July, demonstrating a wobbly labor market as shoppers continued to withstand a surge of inflation... Read More.
Business
Inflation fell more than expected in June as gas prices eased
(NEW YORK) -- Inflation dropped more than expected in June as gas prices eased in response to negotiations between U.S. and Iran over... Read More.
Do heat waves damage the economy? Experts explain
(NEW YORK) -- A heat wave blanketed a vast swathe of the United States over the 4th of July weekend, threatening the health of... Read More.
Oil prices climb and stocks fall after Trump says he thinks Iran agreement ‘over’
(NEW YORK) -- Oil prices climbed and stocks tumbled in early trading on Wednesday after President Donald Trump said he believes an agreement with... Read More.
SpaceX joins the Nasdaq 100, clearing way for potential investment influx. Here’s what to know
(NEW YORK) -- Elon Musk-led rocket and AI company SpaceX joined the Nasdaq 100 on Tuesday, clearing the way for a potential influx... Read More.
Microsoft is laying off 4,800 workers: ‘AI is changing how work gets done’
(NEW YORK) -- Microsoft said on Monday it will lay off 4,800 employees and that the job cuts would be especially pronounced in its... Read More.
Mortgage rates fall to lowest level since May
(NEW YORK) -- Mortgage rates have dropped to their lowest level since May as negotiations between the United States and Iran ease... Read More.
‘Revolution’: Fed Chair Kevin Warsh says US likely ‘big winner’ in AI race
(NEW YORK) -- Federal Reserve Chair Kevin Warsh on Wednesday voiced optimism about artificial intelligence, describing the technology as a "paradigm shift" that would... Read More.
What to know about the Social Security fix proposed by Sens. Elizabeth Warren and Bernie Moreno
(NEW YORK) -- The Social Security fund will run out of money in as little as six years, a shorter time frame than previously... Read More.
Hiring worse than expected in June amid elevated inflation
(NEW YORK) -- Hiring slowed markedly in June, falling short of economists' expectations and displaying a wobbly labor market amid elevated inflation set off... Read More.
