High unemployment rate in the United States, slowing wage growth as the labor market slows

Nonfarm payrolls increased by 187,000 in August The unemployment rate rose to 3.8% from 3.5% in…

Tesla launches updated Model 3 with longer driving range in China

Visitors inspect a Tesla Model 3 at a showroom of the American electric car maker in…

Dow Jones and S&P 500 close lower; Salesforce, cannabis stocks in focus

All three major indexes were in the green throughout most of Thursday as they sought a…

Overall PCE inflation rose in July

The Federal Reserve has warned for months that restoring rapid inflation to a normal pace is…

The US restricts exports of AI chips from Nvidia and AMD to some Middle Eastern countries

Aug 30 (Reuters) – The United States has expanded restrictions on exports of advanced artificial intelligence…

The Department of Labor proposes a significant expansion of overtime eligibility

In a move that could affect millions of workers, the Biden administration announced Wednesday that it…

The dollar falls to its lowest level in two weeks as economic data declines

[1/2]Euro and US dollar banknotes are shown in this illustration taken on March 10, 2023. REUTERS/Dado…

Asian markets are mirroring Wall Street’s rally. Australia’s inflation rate declined in July

22 minutes ago Country Garden will issue HK$270 million worth of new shares to pay off…

Market rally makes an upward move on jobs data; Tesla leads 9 flashing arrows buy signals

The stock market had a strong rally on Tuesday, with job openings falling much more than…

Wall Street gains on hopes of halting interest rate hikes after the jobs data

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October…