Job creation accelerates with over 188,000 new monthly positions amid shrinking foreign labor participation and rising factory output, signaling a strong post-recession economy.
U.S. stocks fell sharply after robust job growth stoked fears of prolonged higher interest rates, triggering a steep decline in tech shares and rising Treasury yields.
President Trump highlighted robust employment gains, urged for lower interest rates, and introduced plans to share artificial intelligence profits with the public while assuring progress on Iran's nuclear threat.
President Donald Trump praised May’s robust job figures, emphasizing strong gains in manufacturing and construction while renewing his criticism of Federal Reserve interest rate hikes.
While Hollywood shed over 17,000 jobs in 2025, top executives collected nearly $750 million in compensation, highlighting growing pay inequality in the entertainment sector.
Wall Street’s nine-week rally ended with steep losses as chip stocks plunged and strong jobs data heightened fears of Federal Reserve interest rate hikes.
Tech shares led a broad market decline as investors weighed renewed Federal Reserve rate hike fears alongside uncertainty over the sustainability of the AI-driven chip industry boom.
The US economy added 172,000 jobs last month, signaling steady labor market growth amid inflation worries and global uncertainties.
A former professional baker shares her top picks for sweet treats and essential baking ingredients at Trader Joe’s that elevate home baking and dessert enjoyment.
Shares of companies holding bitcoin as treasury assets have plunged deeper than bitcoin itself since last fall, reflecting market skepticism despite recent insider buying and portfolio growth.
President Donald Trump expressed frustration over the stock market’s decline after U.S. job growth far exceeded expectations, questioning the market’s reaction to economic strength.
Wall Street slid as major tech stocks dropped sharply and robust May job growth heightened expectations that the Federal Reserve will raise interest rates later this year.