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Economy
US economy added 256K jobs in December, well above expectations
The U.S. economy added jobs more rapidly than expected in December as Federal Reserve policymakers…
Labor Department inspector general audit targets BLS data challenges
The Labor Department's internal watchdog on Wednesday announced an audit into the challenges faced by…
40 busiest US airports face 10% flight cuts due to government shutdown
Forty of the busiest airports in the U.S. will see a 10% flight reduction starting…
US layoffs surged in October to 22-year high amid AI adoption, cost-cutting
U.S. employers ramped up layoffs in October to the highest level for the month in…
United Airlines offers refunds to passengers during government shutdown
United Airlines customers with flights booked to travel during the government shutdown will be eligible…
Trump touts growth in private sector jobs, federal workforce reductions
President Donald Trump on Wednesday touted his administration's efforts to curb the size of the…
Supreme Court hears Trump tariff case with billions in revenue at stake
The Supreme Court on Wednesday will hear arguments in the case challenging the legality of the…
Private sector adds 42,000 jobs in October: ADP
Companies in the private sector added 42,000 jobs in October, payroll processing firm ADP said…
Bessent says US housing market in recession due to high interest rates
Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that…
Texas becoming popular destination for Wall Street firms
Financial services firms have increased their presence in the state of Texas in recent years as…
Kansas City Fed chief explains dissent from rate cut over inflation concerns
The Federal Reserve cut interest rates for the second time in 2025 last week, though one…
Obamacare premiums set to rise next year: What to know
Americans enrolled in health insurance plans offered through the Affordable Care Act, commonly known as Obamacare,…
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