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…
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…
