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Seasonal factors could explain the unexpected surge in applications for jobless claims.
The ECB lifted its benchmark interest rate to 2.25 percent, citing upside risks to inflation and uncertainty over the Middle East conflict.
Energy continues to account for most of the renewed inflation pressures.
EV prices dropped on a yearly basis for the 11th consecutive month in May.
Early indicators suggest that inflation could be stabilizing.
An investment update from the U.S. subsidiary of Nippon Steel outlined $2.5 billion in planned investments—up from the initial $1 billion figure.
Homeowners fearing large tax liabilities are choosing to ‘wait it out,’ slowing efforts to ease the housing shortage, real estate professionals say.
Several Sun Belt metros led the nation in seller imbalance, with Nashville topping the list of buyers’ markets.
The move comes years after the company shifted some production to Thailand, drawing criticism from labor unions and President Donald Trump.
Social Security’s programs guarantee income to nearly 71 million retired Americans.
‘The biggest threat to this country is our national debt,’ Sen. Roger Marshall (R-Kan.) told The Epoch Times.
S&P 500 earnings are up a stunning 29.3% versus a year ago, with eight of 11 S&P sectors sporting double-digit earnings increases.
The United States has witnessed surging demand for American energy during the Iranian conflict.
American Airlines has suspended some of its routes amid rising fuel costs, while Spirit Airlines shut down operations last month.
Economists say youth unemployment rose before the AI surge and persists even after controlling for AI exposure.
In February, the rate of inflation was 2.4 percent, which surged to 3.3 percent in March and 3.8 percent in April.
The Nasdaq Composite sank by more than 1,000 points on Friday, pushing the week down 4.68 percent.
Payroll growth momentum could slow once the spectacle leaves North America, some economists warned.
The unemployment rate was unchanged at 4.3 percent.
Enrollment in community college certificate programs jumped by 12.1 percent this spring, while international graduate enrollment fell sharply.
