Private sector added 62K jobs in April, well below expectations, ADP says
Companies in the private sector added 62,000 jobs in April, payroll processing firm ADP said Wednesday. The figure is well...
Student loan borrowers in default begin facing debt collections
Millions of student loan borrowers in default will start receiving notices on Monday that they are being put into collections. ...
US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data...
Inflation gauge favored by Fed showed price growth slowed in March
The Federal Reserve's preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank's...
Goldman Sachs CEO says markets will 'settle down' after a 'reset of expectations'
Goldman Sachs CEO David Solomon said Tuesday he thinks financial markets will overcome prevailing uncertainty to settle down for an...
Small businesses need immediate tariff relief, Chamber of Commerce warns
The U.S. Chamber of Commerce warned in a new letter to the Trump administration that small businesses need automatic exclusions...
Mortgage rates fall for 2nd straight week, Freddie Mac says
Mortgage rates fell for the second week in a row, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary...
DOGE should 'definitely' look at Federal Reserve costs, Elon Musk says
Billionaire Elon Musk said Wednesday that the Department of Government Efficiency (DOGE) should look into the Federal Reserve's expenditures on its...
Chinese TikTok users mock tariffs, telling people to buy brands like Nike direct
Videos posted by Chinese TikTok users that suggest people should purchase fashion items direct from factories in China have surfaced...
China beat growth expectations in first quarter of 2025, but US tariffs dim outlook
China beat first-quarter economic growth expectations, but the outlook for the remainder of 2025 remains dim as Beijing braces for...
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