The inflation data come after a government report showed the US economy added just 73,000 jobs in July, while the unemployment rate moved up to 4.2% from 4.1% the month prior.

The U.S. economy added only 73,000 jobs in July, marking a concerning slowdown in job growth. The unemployment rate rose to almost 4.3%, with Black worker unemployment reaching a recessionary ...

US employers added 73K jobs in July; May and June data slashed U.S. employers added 73,000 jobs in July, short of the 115,000 forecasters expected.

The July employment numbers, released last week, showed the US added 258,000 fewer jobs in May and June than what was reported previously. Economists were quick to note the changes, while ...

Moody's chief economist Mark Zandi warned that the U.S. economy is on the precipice of recession as weak jobs data and rising inflation complicate the Federal Reserve's policy moves.