Labor economy

Payrolls report Friday likely to show a jobs market that is still hot

The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite…

Sens. Warren, Booker grill failed retailer Bed Bath & Beyond over allegedly denying severance

WASHINGTON — Home goods retailer Bed Bath & Beyond is facing scrutiny from Democratic lawmakers for allegedly evading severance pay…

The job market is still favorable for workers. ‘You’re in a lucky position,’ economist says

The U.S. job market is gradually cooling but remains hot despite a year-long government campaign to reign it in, amounting…

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,…

Stocks making the biggest moves before the bell: Starbucks, CarMax, Virgin Galactic and more

Check out the companies making headlines in premarket trading. Starbucks — The coffee shop chain slid 1.1% after a union…

Americans’ buying power rose for first time since March 2021 amid falling inflation

Workers saw their buying power grow in May for the first time in two years, as inflation continues to fall…

The rich often misjudge the potency of their retirement savings, report finds

Many Americans are mistaken about their financial preparedness for retirement. But overconfidence skews higher for the wealthy than for others,…

Time is running out to repay Covid-era 401(k), IRA withdrawals — and claim a tax refund

Retirement savers who withdrew money from their accounts in the early days of the Covid-19 pandemic may have just days…

Thanks to vesting schedules, it can take up to 6 years for workers to own their 401(k) match

A 401(k) match from an employer is often referred to as “free” money, and therefore one of the best ways…

Here’s what to watch out for in Friday’s jobs report for May

Watching the monthly jobs reports this year has been something of a waiting exercise, with economists and market participants looking…