US Economy Unexpectedly Loses 23,000 Jobs in July
The U.S. labor market stalled last month as the economy unexpectedly lost jobs, new government data show.Payrolls fell by 23,000…
Layoffs Fall, Unemployment Claims Flat Ahead of July Jobs Report
The U.S. labor market showed further signs of stability ahead of the July jobs report as layoffs fell and applications…
US Imposes 1‑Year Ban on Tungsten Waste, Black Mass Exports
The United States will restrict exports of tungsten scrap and recycled battery materials, according to a rule to be published…
US July Private‑Sector Job Growth Totals 44,000, Below Market Forecast
Private-sector hiring slowed in July, with most of the employment gains coming from education and health services, according to new…
SpaceX Delivers 1st Earnings Report Since Blockbuster Wall Street Debut
SpaceX released its second-quarter earnings report after the closing bell on Aug. 4, facing Wall Street for the first time…
US Intervenes to Support Japanese Yen: Here’s What to Know
The Japanese yen has rebounded from its 40-year low against the U.S. dollar at the start of the trading week,…
US Job Openings Slide Below 7.4 Million in June
The number of job openings eased below 7.4 million for the first time since March as demand for labor cooled…
Surging US Treasury Yields Send 30-Year Mortgage Rate to 6.58 Percent
Prospective homebuyers are navigating a housing market amid the highest borrowing costs in almost a year, squeezing budgets and limiting…
Capex Growth Jitters Drag Down Shares of Alphabet, Tesla
Wall Street is nervous about rising capital expenditures (capex) among the artificial intelligence (AI) hyperscalers, as shares of Alphabet and…
Unemployment Claims Plunge to the Lowest Level Since 1969
Weekly applications for unemployment benefits fell sharply to their lowest level in almost 60 years, as the U.S. labor market…
One Big Beautiful Bill Act Saved Millions of US Manufacturing Jobs: NAM
President Donald Trump’s signature One Big Beautiful Bill Act protected millions of U.S. manufacturing jobs, says a group representing the…
Trump to Impose Additional 50 Percent Tariff on Canada—What to Know
President Donald Trump said on July 20 that he will impose a 50 percent tariff on certain Canadian goods in…