The S&P 500 gained 17.38 points, or 0.4%, to 4,337.44. The Dow Jones Industrial Average rose 43.04 points, or 0.1%, to 34,006 ...
If trends continue, the central bank may achieve a rare and difficult "soft landing" — the taming of inflation without triggering a deep recession.
Many economists have downgraded the probability of a recession occurring over the next year. They argue that consumer ...
U.S. job creation slowed in August, new data shows 04:36 The labor market is showing signs of cooling, shifting gears after months of strong job creation that fueled soaring inflation and prompted ...
The unemployment rate, at a still-low 3.8%, has scarcely budged since March 2022, when the Fed began imposing a series of 11 rate hikes at the fastest pace in decades.
The US labor market continues to live its Goldilocks story with healthy job growth but at a far cooler pace than the blockbuster job gains of the past two and a half years. On Friday, the Bureau ...
WASHINGTON, Sept 1 (Reuters) - U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and ...
NEW YORK (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate and moderation in wage growth pointed to an easing in labor market conditions ...
WASHINGTON, Sept 1 (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate to 3.8% and moderation in wage growth pointed to an easing in labor ...
As things stand in India, it is GDP (gross domestic product) growth — the measure of overall size of the economy — that ...
Grim forecasts from economists had predicted that as the Federal Reserve jacked up its benchmark rate ever higher, consumers ...
WASHINGTON (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate to 3.8% and moderation in wage growth pointed to an easing in labor market ...