ECONOMY – Page 23 – One America News Network

A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Virginia on June 3, 2022. US employers added 390,000 jobs last month, the government reported on June 3, 2022, a sign of a slowdown in hiring but still a better-than-expected result. The jobless rate held steady at 3.6 percent for the third consecutive month, just a tenth of a point above the pre-pandemic level of February 2020, the Labor Department said. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%

U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.

Markets Stabilise After Turbulence Last Week LONDON, ENGLAND - OCTOBER 20: An employee views trading screens at the offices of Panmure Gordon and Co on October 20, 2014 in London, England. Markets stabilised over the weekend following global turbulence amid fears over the Ebola virus and global economic concerns. (Photo by Carl Court/Getty Images)

Federal Reserve Holds Interest Rates Steady For 2 Decades, Leaves Door Open For Cuts

While maintaining interest rates at their highest point in over 20 years on Wednesday, the Federal Reserve made a suggestion that lower borrowing costs may soon be implemented by policymakers due to slight recent improvements in inflation.

WASHINGTON, DC - SEPTEMBER 12: President of the committee for a Responsible Federal Budget Maya MacGuineas (L), co-chair of the National Commission on Fiscal Responsibility and Reform, and former Sen. Alan Simpson (R-WY) (R) speak to the media during a news conference at the National Press Club September 12, 2011 in Washington, DC. MacGuineas and Simpson call on the Joint Select Committee on Deficit Reduction, also known as the Super Committee, to"go big and develop a large-scale debt reduction package sufficient to stabilize the debt as a share of the economy" as the committee work to reach a deficit reduction agreement. (Photo by Alex Wong/Getty Images)

US National Debt Reaches A Monumental $35T Dollars

The United States national debt has now reached an outrageous $35 trillion dollars, according to the House Budget Committee.

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

Fed likely to hold rates steady one last time as inflation fight finale unfolds

The Federal Reserve is expected to open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank’s 2% target.

BALTIMORE, MARYLAND - OCTOBER 11: A Southwest Airlines airplane taxies from a gate at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Southwest Airlines is working to catch up on a backlog after canceling hundreds of flights over the weekend, blaming air traffic control issues and weather. (Photo by Kevin Dietsch/Getty Images)

Southwest Airlines Getting Rid Of Open Seating Policy

Southwest Airlines is officially getting rid of open seating for the first time in the airline’s history.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024. REUTERS/Brendan McDermid/File Photo

Wall Street mixed as investors weigh GDP data after tech mauling

Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.