markets

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…

China should focus on fighting deflationary pressure, former central bank governor says

SHANGHAI — China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of…

China’s wealthy are increasingly looking overseas for business investment opportunities

BEIJING — China’s wealthy are increasingly looking for ways to move capital outside the mainland to pursue business opportunities, rather…

JPMorgan top economist says the Fed should cut rates by a half point this month

The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan’s Michael Feroli.…

Friday’s jobs report for August is going to be huge. Here’s what to expect

Wall Street is gearing up for one of the most important economic releases of the year Friday, when the Labor…

Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off

Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech.