Job openings fall by half a million
The closely watched JOLTS report showed that listings fell to 9.82 million, down 496,000 from April.
Private sector companies added 497,000 jobs in June, more than double expectations, ADP says
The U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected.
Inflation blame game: UK economic woes set government and central bank on a collision course
In January, with one eye on a critical general election in 2024, U.K. Prime Minister Rishi Sunak vowed to halve inflation by the end of...
LGBTQ small business owners struggle to find financing
LGBTQ-owned businesses reported more rejections than non-LGBTQ businesses that applied for funding, according to a 2022 report.
Key Fed inflation measure shows prices rose just 0.3% in May
The personal consumption expenditures price index excluding food and energy was expected to increase 0.3% in May and 4.7% from a year ago.
First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision
The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought.
A U.S. recession is coming this year, HSBC warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a "year of contraction and a European recession in 2024," according to HSBC...
Markets are pricing in rate cuts too soon, IMF’s Gopinath says
Major central banks will have to hold rates high for much longer than some investors expect, the IMF's Gita Gopinath told CNBC Tuesday.
High interest rates and economic uncertainty are behind recent rise in corporate defaults
The corporate default rate is up and rising as interest rates remain elevated, making it more expensive for companies to refinance debt.