Breaking News: Economy

The unemployment rate among Black workers increased in June for the second month in a row

The overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to…

Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles

Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market. Nonfarm payrolls…

Job openings fall by half a million

There were about half a million fewer job openings in May than the previous month, providing at least a modest…

Private sector companies added 497,000 jobs in June, more than double expectations, ADP says

The U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected,…

Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show

Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than…

Inflation blame game: UK economic woes set government and central bank on a collision course

LONDON — In January, with one eye on a critical general election in 2024, U.K. Prime Minister Rishi Sunak vowed…

Treasury Secretary Janet Yellen to meet with senior officials in China this week

Treasury Secretary Janet Yellen will travel to Beijing this week to meet with senior Chinese officials. The Treasury said Yellen…

WisdomTree takes new crack at Bitcoin ETF despite prior rejections. Why this time may be different

WisdomTree is attempting to launch a spot bitcoin exchange-traded fund even though its peers have failed. The firm filed with…

Biden says Supreme Court ‘misinterpreted the Constitution’ in rejecting student loan relief

WASHINGTON — President Joe Biden said Friday he’ll give a second go at his student debt relief plan, rooting it…

LGBTQ small business owners struggle to find financing

It’s not an easy time to be a small business in search of financing. For LGBTQ owners, the struggle has…