Breaking News: Economy

6 things to know about the job market right now: It’s ‘near-perfect,’ economist says

Both jobseekers and policymakers can take solace in the current state of the U.S. job market, according to labor economists.…

Here’s where the jobs are for August 2023 — in one chart

The August jobs report was another sign that the U.S. labor market is cooling off, though some of the sectors…

Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000

The unemployment rate rose sharply in August, as the summer of 2023 neared a close with a job market in…

‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation

The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…

Stocks making the biggest moves after hours: Dell, Lululemon and MongoDB

Check out the companies making headlines after hours. MongoDB — Shares of the database software maker gained 5% in extended…

Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last

Consumer spending may not be out of the woods. Real spending is expected to come in 1.9% higher in the…

China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’

BEIJING — China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in…

Stocks making the biggest moves premarket: Box, Insulet, HP and more

Check out the companies making headlines before the bell. Align Technology — Shares rose 2.5% in early morning trading after…

U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says

Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly…

European stocks close higher as investors look ahead to fresh economic data

European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates…