Layoffs jump in August while hiring in 2024 is at a historic low, Challenger report shows
Layoffs soared in August, hitting their highest total for the month in 15 years, while year-to-date hiring reached a historic…
Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears
The relationship between the 10- and 2-year Treasury yield briefly normalized Wednesday, reversing a classic recession indicator. Following economic news…
Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting
Atlanta Federal Reserve President Raphael Bostic signaled Wednesday that he is ready to start lowering interest rates even though inflation…
Job openings fell more than expected in July in another sign of labor market softening
Job openings slumped to their lowest level in 3½ years in July, the Labor Department reported Wednesday in another sign…
Weak manufacturing measures raise specter of U.S. economic slowdown
U.S. factories remained in slowdown mode in August, fueling fears about where the economy is headed, according to separate manufacturing…
Nationwide strikes erupt in Israel as hostage deaths kindle pressure for cease-fire deal
Protests have spilled into Israel’s streets, as the Jewish state braces for a nationwide strike amid mounting pressure on the…
The Fed’s favorite inflation indicator increased 0.2% in July, as expected
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to…
