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Stocks are slumping on Wall Street and Treasury yields are falling sharply after the government reported a sharp slowdown in hiring last month.
EPI chief economist Josh Bivens posited that, if the U.S. enters a recession in the coming months, the “rapid ...
In July alone, rising adoption of generative AI technology by private employers accounted for more than 10,000 job cuts, ...
The White House unveiled new tariffs on Canada and copper that went into effect overnight and introduced a sweeping tariff ...
U.S. employers added just 73,000 jobs last month and Labor Department revisions showed that hiring was much weaker than previously reported in May and June. The unemployment rate ticked up to 4.2%.
The shockingly weak July jobs report sent the country reeling Friday, with Democratic lawmakers sounding the alarm that the ...
"What in the hell is going on there... Is a MAGA Republican that President Trump knows and trusts, are they running the ...
The Bureau of Labor Statistics said U.S. companies added less than half the number of new jobs created in June.
On the long end of the Treasury market, moves have been much more modest. The 10-year’s yields have traded as low as 4.229%, ...
President Donald Trump on Friday called for the Federal Reserve's board of governors to usurp the power of Fed Chair Jerome ...
The S&P 500 sank as investors digested the Trump administration's new tariff plan, earnings, and Friday's jobs report. Amazon ...
The July jobs report reveals a sharp hiring deceleration with major downward revisions to previous months. Click here to read ...
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