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Economy

Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification

Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country’s economic diversification plan, as Riyadh touts “green…
Economy

Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni

The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend…
Finance

U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

The U.S. job market is cooling at a worrisome rate but not to an extent that warrants panic — at…
Economy

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in…
Economy

Here’s where the jobs are for August 2024 — in one chart

The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for…
Economy

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…
Finance

Stocks making the biggest moves after hours: Broadcom, DocuSign, UiPath and more

Finance

JPMorgan top economist says the Fed should cut rates by a half point this month

The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan’s Michael Feroli.…
Economy

Friday’s jobs report for August is going to be huge. Here’s what to expect

Wall Street is gearing up for one of the most important economic releases of the year Friday, when the Labor…
Economy

August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says

Private sector payrolls grew at the weakest pace in more than 3½ years in August, providing yet another sign of…