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: unemployment
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fallWall St unsettled ahead of inflation data, Fed meeting
Wall Street slipped on Monday as wary investors steered clear of risky assets ahead of a key inflation reading and a meeting of the Federal Reserve this week.
Read More Wall St unsettled ahead of inflation data, Fed meetingEpoch Times CFO Charged In $67M Money Laundering Scheme
The chief financial officer (CFO) of the Epoch Times has been charged by the feds with money laundering, according to U.S. officials.
Read More Epoch Times CFO Charged In $67M Money Laundering SchemeReport: U.S. Jobless Claims Increase To Highest Level Since August
Unemployment benefit claims have climbed to its highest level since August 2023, initial filings show.
Read More Report: U.S. Jobless Claims Increase To Highest Level Since AugustJobs Surge Amidst Part-Time Rise: A Snapshot of Today’s Economic Landscape
Today’s jobs report: 303,000 jobs added in March, unemployment down to 3.8%. However, decline in full-time jobs and rise in part-time positions noted.
Read More Jobs Surge Amidst Part-Time Rise: A Snapshot of Today’s Economic Landscape