Economy

Job growth totals 236,000 in March, near expectations as hiring pace slows

Nonfarm payrolls growth in March was about in line with expectations, but showed signs that the jobs picture is in…

Layoffs are up nearly fivefold so far this year with tech companies leading the way

Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month and a giant acceleration from…

IMF says U.S-China tensions could cost the world about 2% of its output

The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas investment and eventually lead to…

Private payrolls rose by 145,000 in March, well below expectations, ADP says

Private sector hiring decelerated in March, flashing another potential sign that U.S. economic growth is heading for a sharp slowdown…

Job openings tumbled below 10 million in February for the first time in nearly two years

Job openings fell below 10 million in February for the first time in nearly two years, in a sign that…

Paying more and earning less: How inflation disproportionately hurts women

There’s one group of people that’s being disproportionately hurt by high inflation: women. The relentless rise in prices hurts women…

It’s the U.S., not Europe’s banking system that’s a concern, top economists say

Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in…

Key Fed inflation gauge rose 0.3% in February, less than expected

An inflation gauge the Federal Reserve follows closely rose slightly less than anticipated in February, providing some hope that interest…

Jobless claims edge up to 198,000, higher than expected

Initial filings for unemployment insurance ticked higher last week but remained generally low in a tight labor market. Jobless claims…

BlackRock warns that investors are making a mistake by betting on the Fed to cut rates

Investors are too confident the Federal Reserve will cut interest rates this year and could pay the price later, according…