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.
The latest jobs report reveals a concerning slowdown in hiring across the U.S., with only 22,000 jobs added in August and the unemployment rate rising to 4.3%. Economists are worried about the implications for the economy's health and potential stagflation.
The latest jobs report reveals a significant slowdown in hiring, with only 22,000 jobs added in August. This raises concerns about a potential recession and the implications for interest rates as Trump dismisses the BLS Commissioner.
As Jerome Powell prepares for a crucial speech at Jackson Hole, the pressure mounts from President Trump for the Fed to lower interest rates. With hiring slowing and inflation rising, how will Powell navigate these economic challenges? Discover the implications!
President Trump shares startling details about his split from Jeffrey Epstein, attributing it to Epstein's hiring practices at Mar-a-Lago. The fallout continues amid political scrutiny.
Microsoft's Xbox is shifting strategies, moving away from exclusives as PlayStation hints at bringing its top titles to rival platforms. What does this mean for gamers?
Soccer star Lamine Yamal faces backlash and a government investigation after hiring entertainers with dwarfism for his 18th birthday party. The event has raised serious ethical concerns and sparked a debate on disability rights.
In a strategic play against OpenAI, Google has hired leaders from Windsurf, an A.I. start-up known for its programming tools. This move strengthens Google's A.I. capabilities and underscores the fierce competition for talent in Silicon Valley.
In a groundbreaking announcement, Zuckerberg introduces the MSL lab aimed at advancing Meta's AI capabilities, revealing aggressive hiring strategies that have sparked tensions with OpenAI.
The June jobs report revealed a surprising increase of 147,000 nonfarm payroll jobs, defying expectations. Analysts suggest that while the headline looks strong, underlying data indicates a slow down in private sector hiring, masked by seasonal government job increases.
