The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, compared to a downwardly revised 20,000 for June. The Dow Jones…
Job seekers wait in line for free resume preparation services as they attend a Inspire Together job and resource fair in Los Angeles, California on July 29, 2026. Patrick T. Fallon | Afp | Getty Images Job growth isn’t expected to show much improvement in July, with payrolls and the unemployment rate likely holding relatively…
Hiring at private companies slowed considerably in July, with most of the job growth coming health care, payrolls processing firm ADP reported Wednesday. Nonfarm job growth excluding government totaled a seasonally adjusted 44,000 for the month, below the downwardly revised 95,000 in June and less than the Dow Jones consensus forecast for 75,000. On net,…
An aerial view shows a former eel fishing boat covered in dried mud among on low water among the banks of the river Rhine near Neuss, western Germany, on July 30, 2026, as the water level in the Rhine is falling to a record low following exceptionally hot weather. Ina Fassbender | Afp | Getty…
A burst in factory activity shows the U.S. economy may be escaping the burden of tariffs and gaining manufacturing jobs, while at the same time laboring under the geopolitical uncertainty that some industry leaders say is worse than the Covid pandemic. In its July survey of the manufacturing landscape, the Institute for Supply Manufacturing reported…
People shop for groceries at a store in Brooklyn on July 13, 2026 in New York City. Spencer Platt | Getty Images Pricing data from June indicated that outside of some select items where costs continue to grow, inflation is trending back towards the Federal Reserve’s inflation goal. So-called trimmed mean measures, which exclude outliers…
LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China. He Huawen | Visual China Group | Getty Images China’s factory activity unexpectedly contracted in July for the first time since February,…
Economic growth was weaker than expected in the second quarter while inflation in June held well above the Federal Reserve’s goal, the Commerce Department reported Thursday. Gross domestic product, a broad measure of goods and services, increased just 1.5% for the April-through June period, according to Bureau of Labor Statistics numbers adjusted for seasonality and…
Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters on July 29, 2026 in Washington, DC. Win McNamee | Getty Images Wall Street has a clear takeaway from this week’s Federal Reserve decision: A hike is likely on the horizon as inflation remains a top priority. The Fed opted to…
Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore on Monday tightened its monetary policy for a second consecutive time, moving preemptively against a renewed oil price surge even as inflation at home stays subdued. The Monetary Authority of…