The stock market has taken a sudden sharp turn lower in August after the broad rally seemed to run low on gas in July. The market’s drop appears to be a combination of weaker-than-expected economic ...
Job openings surged and the Great Resignation was in full swing in 2022 as the labor market slowly rebounded from the shocks caused by the pandemic. But new government data illustrates just how strong ...
Americans’ leftover income fell to its lowest level since 2022 last month, according to government data released Friday morning, as the effects of the high-inflation economy roar even as headline ...
Initial filings for unemployment insurance totaled 187,000 for the week ended Jan. 13, the lowest level since Sept. 24, 2022. The total for continuing claims hit 1.806 million, below the FactSet ...
The global economy is under "major threat" from the energy crisis caused by the Middle East war and "no country will be ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...