- U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%on June 6, 2025 at 4:04 pm
Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4.2%.
- Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures easeon June 6, 2025 at 1:37 pm
Inflation in Russia hit 8.3% in the first quarter of the year, with the effects of the war in Ukraine continuing to be felt in the economy.
- The world could be facing another ‘China shock,’ but it comes with a silver-liningon June 6, 2025 at 7:34 am
A new round of "China shock" appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag in domestic consumption.
- Corporate layoffs have ramped up in recent weeks. Here are the companies making cutson June 5, 2025 at 10:38 pm
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in layoffs.
- Friday's jobs report likely will show hiring cooled in May. Here's what to expecton June 5, 2025 at 8:56 pm
Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm payrolls numbers, they will show a gain of just 125,000.
- Trade deficit fell by a record amount in April as demand dropped for importson June 5, 2025 at 5:50 pm
Following a record-breaking surge in the trade imbalance, the deficit slid to $61.6 billion.
- Fed 'Beige Book' economic report cites declining growth, rising prices and slow hiringon June 4, 2025 at 10:31 pm
The report noted that "economic activity has declined slightly since the previous report" released April 23.
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