Breaking News: Economy

Private payroll growth slowed to 122,000 in July, less than expected, ADP says

Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm…

Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut

An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government…

Job seekers are sour on the cooling labor market

Workers are souring on the state of the job market. Job seeker confidence in Q2 2024 fell to its lowest…