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2 mins read

US stocks slip as strong jobs report keeps the Fed on pace for more rate hikes

Nonfarm payrolls increased by 372,000 in June, the Bureau of Labor Statistics said Friday, well abo…

Phil Rosen   


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3 mins read

The US added 372,000 jobs in June, beating forecasts as the economy edges closer to pre-crisis employment

Hiring slowed slightly throughout the economy last month as interest rates leaped higher and inflat…

Ben Winck,Madison Hoff   


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2 mins read

US stock futures fall as investors count down to the jobs report, and oil wavers on way to weekly loss

Signs of strong hiring in the June jobs report would be a "double-edged sword" as it paves the way …

George Glover   


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1 min read

US stock slide as unexpectedly strong payroll data adds pressure on the Fed to stay hawkish

Top Wall Street firms and commentators have forecasted that the Fed will make a fourth consecutive …

Phil Rosen   


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2 mins read

Twitter loses payroll department, other financial employees as part of mass resignation under Elon Musk

Entire departments crucial to the day-to-day operation of Twitter were part of a large scale employ…

Kali Hays   


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3 mins read

The case for the US avoiding a recession is still alive and well

The May jobs report shows businesses still hiring, but not at a wild pace. It's "probably about the…

Ben Winck   


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2 mins read

The economy is still on track to finish its jobs recovery this summer

The US economy has recouped more than 96% of the jobs it lost at the start of the pandemic. The rem…

Ben Winck   


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More workers had their hours cut to part-time in May as businesses reversed some of their hiring plans

The number of Americans involuntarily working part-time rose by 295,000 to 4.3 million last month, …

Ben Winck,Madison Hoff   


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3 mins read

The US economy created 390,000 jobs in May, holding strong as the Fed ramped up its war on inflation

The latest jobs report showed the labor market recovery holding steady as interest rates jumped hig…

Ben Winck,Madison Hoff   


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2 mins read

Retirees have just 13 years left of full Social Security checks if Congress doesn't step in

Medicare's ability to keep paying out full hospital benefits is running dry in only six years. Cong…

Joseph Zeballos-Roig   


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Private businesses added 128,000 jobs in May, marking the smallest gain of the pandemic recovery

Last month's job creation reflected a slowdown from April's pace, signaling the economic recovery i…

Ben Winck   


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2 mins read

OpenAI CEO Sam Altman sent startup six-figure loan to make payroll after Silicon Valley Bank collapse, report says

Altman is one of several tech executives reportedly giving money to startups to help them weather t…

Aaron McDade   


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3 mins read

The US labor market is on pace to fully recover by July

If the US's extraordinary pace of job creation holds, the labor market's recovery will be three tim…

Ben Winck,Juliana Kaplan   


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3 mins read

The US economy added 428,000 jobs in April, beating expectations as the Fed tapped the brakes on the recovery

The Friday jobs report showed job growth holding strong last month as inflation stayed at four-deca…

Ben Winck   


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3 mins read

Global shares slide ahead of US jobs data, as slower growth and rising prices dent investor optimism

Markets cheered the Fed's decision to raise US rates by a half point this week, but relief has give…

Amanda Cooper   


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3 mins read

November jobs report misses forecasts as US adds just 210,000 new jobs amid supply-chain nightmare

Job creation last month badly missed the 550,000 estimate and showed the labor market slowing from …

Ben Winck,Andy Kiersz,Madison…   


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2 mins read

The US private sector added 247,000 jobs in April, dramatically slowing hiring amid surging inflation

The increase in private-sector payrolls is the smallest since August and came in well below the med…

Ben Winck   


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1 min read

3 charts that explain why the US isn't on the brink of a recession

With the Russia-Ukraine conflict roiling supply chains and lifting inflation even higher, economist…

Ben Winck,Madison Hoff   


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1 min read

At least 188,000 workers in Russia are still being paid by big Western companies, analysis finds

Scores of Western multinationals say they've pulled out of Russia but an FT analysis suggests thous…

Kate Duffy   


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2 mins read

US stocks rally as the solid March jobs report points to the Fed staying aggressive with rate hikes

Bond yields rose as investors continued to price in expectations for the Fed to deliver big rate hi…

Carla Mozée