The US labor market unexpectedly contracted in July, with nonfarm payrolls posting their first monthly decline in years as hiring weakened across several sectors, reinforcing concerns that employment momentum is …
Business
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Business
Trump’s $100 billon tariff refund may leave consumers paying the final bill
by adminby adminThe US government has returned about $100 billion to businesses that paid Donald Trump’s “Liberation Day” tariffs. The amount includes duties and interest and covers more than half of the …
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Business
ADP report: US private employers added 44,000 in July, well below forecasts
by adminby adminHiring at US private companies slowed sharply in July, with healthcare accounting for the bulk of new jobs as employers adopted a more cautious approach to recruitment amid shifting economic …
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Business
US job openings fall in June as healthcare vacancies decline, but hiring picks up
by adminby adminUS job openings declined in June, largely reflecting weaker demand in the healthcare and social assistance sector, although stronger hiring and subdued layoffs suggested the labor market remained on stable …
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New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in …
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The US economy expanded at a slower-than-expected pace in the second quarter while inflation remained well above the Federal Reserve’s target, underscoring the difficult balancing act facing policymakers after they …
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Business
A new media ecosystem is taking root on the left, reshaping Democratic politics
by adminby adminFarah Berent, a teacher in Michigan, used to learn about politics from channels like ABC, CBS and CNN. But that changed as she decided that coverage of the war in …
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Business
To hold or to hike? Why this week’s Fed interest rate decision is difficult to call
by adminby adminThe US Federal Reserve heads into its July policy meeting facing a difficult interest rate decision. Renewed geopolitical tensions, strong AI-driven investment and new tariffs are adding to uncertainty. These …
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Business
U.S.-Canada bridge opens in Detroit even as trade disputes test the neighbors’ ties
by adminby adminA major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project that lately had been bruised …
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President Donald Trump paused his attacks against Iran after 13 consecutive days of intense strikes as top advisors warned about the fading stockpiles of key defense munitions and the impact …