The June employment data is expected to reveal steady job additions with unemployment holding steady, though wage growth slows and long-term unemployment rises amid labor market caution.
The Supreme Court’s decision to keep Lisa Cook at the Federal Reserve spotlights growing criticism of its use of emergency rulings, revealing sharp ideological tensions.
U.S. hiring slowed to a modest pace in June, reflecting ongoing inflation pressures and global economic disruptions that weigh on labor market momentum.
Gold prices declined slightly due to profit booking, while silver rose for a third consecutive session amid expectations that the US Federal Reserve may hold interest rates steady.
Beyond the headline AI developers, five lesser-known firms are tackling key challenges like computing power, energy supply, and cooling crucial to AI’s growth and scalability.
A recent study reveals that limited job openings, not AI skills gap, contribute more to rising unemployment among young American workers.
The U.S. stock rally driven by AI spending and corporate earnings faces tests as investors demand proof of sustainable profit growth amid Federal Reserve uncertainty.
U.S. vehicle sales remain resilient amid inflation, rising gas prices, and Iran war concerns, with forecasts steady at nearly 16 million units for 2026.
Bank of America’s CEO dismisses recession worries as the Fed signals multiple interest rate hikes to manage inflation amid robust U.S. economic growth.
A viral claim wrongly attributes a misleading comparison of U.S. unemployment rates under Trump and Biden to White House Press Secretary Karoline Leavitt, but no evidence supports this.
Federal Reserve Chairman Kevin Warsh acknowledged easing inflation risks recently but refrained from indicating whether interest-rate increases are forthcoming amid ongoing economic uncertainties.
US car sales remain stable amid rising gas prices, inflation, and international conflicts, supported by buyer demand and favorable financing options.