The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday.
Read More Report: U.S. Job Market Weakens In JuneTag: april
US new home sales slump to six-month low in May
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
Read More US new home sales slump to six-month low in MayU.S. job openings drop in April, as labor market cools
Job openings, a measure of labor demand, were down 296,000 to 8.059 million on the last day of April, the lowest level since February 2021.
Read More U.S. job openings drop in April, as labor market coolsReport: Paramount, Skydance Agree On $8B Merger Deal
Paramount Global and Skydance have agreed to terms on a merger between the two big entertainment companies that’s valued at $8 billion.
Read More Report: Paramount, Skydance Agree On $8B Merger DealMexico City Is On The Verge Of Running Out Of Water
Weather experts say that Mexico City could run out of drinking water by the end of June, which is being referred to as “Day Zero” by residents.
Read More Mexico City Is On The Verge Of Running Out Of WaterWalgreens To Slash Prices On 1,300 Items As Retail Stores Fight Inflation
Walgreens has announced it will cut prices on 1,300 items across its drugstores, becoming the latest big retailer to enact discounts as consumers continue to fight against high inflation.
Read More Walgreens To Slash Prices On 1,300 Items As Retail Stores Fight Inflation