Wall Street's main indexes hit record highs, buoyed by strong performances from Tesla and Micron Technology. With inflation rising and jobless claims at a four-year high, traders anticipate a Federal Reserve interest rate cut next week.
In a troubling economic update, August's consumer price index rose at 2.9% while jobless claims reached their highest level since 2021, raising fears of stagflation as growth weakens.
In a shocking twist, the NBA is investigating Kawhi Leonard's endorsement deal with Aspiration, a company facing bankruptcy. Allegations suggest improper payments were made while the firm struggled financially.
The rise in U.S. unemployment claims to a four-year high casts a shadow over President Trump's economic policies. With job growth stagnating and fewer jobs created, the future looks bleak for the labor market.
Applications for US unemployment benefits soared to a four-year high, signaling potential layoffs as hiring slows. Initial claims rose by 27,000, reaching 263,000 last week, the highest since October 2021.
August's inflation rate jumped unexpectedly, challenging the Federal Reserve's strategies as jobless claims rise. What does this mean for interest rates and the economy? Find out!
The rollout of updated Covid vaccines is marred by confusion, misinformation, and access barriers, especially for marginalized communities. Experts warn these issues could have dire public health consequences.
The Labor Department's watchdog has opened an investigation into the Bureau of Labor Statistics amid claims of unreliable jobs and inflation data. With recent major revisions raising eyebrows, the probe aims to uncover the challenges faced in data collection.
Three former FBI officials are suing Director Kash Patel and Attorney General Pam Bondi, alleging their firings were ordered by the White House. The lawsuit reveals claims of political pressure and retaliation within the FBI.
In a daring move, the Israeli military launched an airstrike on the villa of a top Hamas leader in Doha, aiming to eliminate key figures of the militant group. However, Hamas claims no leaders were harmed. What does this mean for the ongoing conflict?
