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The US labor market unexpectedly contracted in July, with nonfarm payrolls posting their first monthly decline in years as hiring weakened across several sectors, reinforcing concerns that employment momentum is…
The US government has returned about $100 billion to businesses that paid Donald Trump’s “Liberation Day” tariffs. The amount includes duties and interest and covers more than half of the…
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly…
The Reserve Bank of India (RBI) on Wednesday kept its benchmark repo rate unchanged at 5.25% and retained its neutral monetary policy stance, choosing to wait for greater clarity on…
Hiring at US private companies slowed sharply in July, with healthcare accounting for the bulk of new jobs as employers adopted a more cautious approach to recruitment amid shifting economic…
US President Donald Trump on Monday accused ExxonMobil and Chevron of making excessive profits from elevated fuel prices and urged the country’s largest oil companies to lower gasoline prices for…
Top analysts are warning that PresidentTrump risks getting drawn into a forever war, as his options on Iran narrow following his recent flip-flop. These analysts are arguing that Trump lacks…
US job openings declined in June, largely reflecting weaker demand in the healthcare and social assistance sector, although stronger hiring and subdued layoffs suggested the labor market remained on stable…
New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in…
