Economy News Jobs Report Is The Red Hot U S Economy Finally Chilling Out, For Real This Time

The US economy added 42,000 private-sector jobs last month, more than expected

The latest — and only — comprehensive look at the health of the US labor market showed Wednesday that the economy added an estimated 42,000 private-sector jobs last month. Read More

Jobs report to be shutdown casualty. See these numbers instead.

The U.S. Labor Department probably won’t be able to publish the October employment report on Friday as scheduled. So Wall Street is turning to other indicators including credit-card spending, ... Read More

No jobs report again. But these numbers show how the U.S. economy is doing.

Investors are set to miss out on the second U.S. jobs report in a row due to the government shutdown, but there’s enough scattered evidence to suggest the economy is hanging in there. Read More

Hiring Rebounds, But It's Still Too Weak To Derail A December Fed Cut

Private-sector data for October payrolls revealed that U.S. businesses saw a rebound in employment numbers after two months of job losses, but the scale of the recovery remains modest and far from ... Read More

As the shutdown drags on, here’s how it can drag down the economy

History has shown that the economy typically rebounds from a shutdown within a couple of months. But each day it drags on brings a greater risk that the economy won’t just bend, it will start to break ... Read More

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More

US service sector activity accelerates in October; employment still subdued

U.S. services sector activity picked up in October amid a solid increase in new orders, but subdued employment pointed to lackluster labor market conditions against the backdrop of economic ... Read More

Is the U.S. economy getting weaker? Here's what we know.

Worries about the economy might be starting to affect consumers' spending decisions. If the U.S. economy was really flying high, the Federal Reserve wouldn't have lowered interest rates last month. So ... Read More

Cracks emerge in Texas’ economy as job growth slows

Unprecedented new tariffs. A sweeping immigration crackdown. Widespread federal jobs cuts. Several months into a whirlwind of federal policy shifts, the U.S. economy has noticeably cooled, and recent ... Read More

The Economy Doesn't Need Federal Jobs Data To Function

The delayed release of the BLS report has led to fearmongering about the economy's ability to function. Leila Fadel, host of NPR's Up First, said on Friday that "businesses and policymakers are flying ... Read More

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

“Resilient” is the word of the moment on Wall Street. JPMorgan Chase, Citigroup and Wells Fargo all reported their quarterly earnings Tuesday, and their CEOs all landed independently on the word ... Read More

Is the U.S. economy getting weaker? Here’s what we know.

If the U.S. economy was really flying high, the Federal Reserve wouldn’t have lowered interest rates last month. So what’s really going on? The economy was still expanding at a decent pace before the ... Read More