China's economy slumps in August, casts doubt on growth target

China's factory output and retail sales reported their weakest growth since last year in August, keeping pressure on Beijing to roll out more stimulus to fend off a sharp slowdown in the world's ... Read More

Cracks in the U.S. economy: Job growth slows 75% from a year ago

The U.S. jobs engine is sputtering and looks to be in danger of stalling out. U.S. employers added just 22,000 jobs in August, according to a report Friday from the Labor Department. The unemployment ... Read More

Peterson Institute's Mary Lovely discusses the state of the U.S. economy

NPR asks Mary Lovely, senior fellow at the Peterson Institute for International Economics, why she believes the U.S. economy is at an inflection point and what factors play into where it may go next. Read More

Weak summer labor market flashes warning signs for the economy

The U.S. labor market created few jobs in August and shrank earlier in the summer, a first since the pandemic, as the economy’s engine sputters under the weight of President Donald Trump’s policies. Read More

China’s Economy Shows Signs of Summer Slowdown

A broad slowdown hit the world’s second-largest economy as trade uncertainties loom and the property sector weakened. Read More

The August jobs report has economists alarmed. Here are their 3 top takeaways.

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 ... Read More