ADP report reveals unexpected job losses, intensified by the ongoing government shutdown and delayed BLS data.
Appeals court rules former president exceeded authority, but tariffs remain in place pending potential Supreme Court review.
The July Core PCE Price Index rose to 2.9% annually, matching consensus forecasts but doing little to move the needle on a September rate cut.
Upward revision from the Bureau of Economic Analysis was driven by stronger business investment and consumer spending.
Industrial giant lowers its full-year profit margin outlook as it braces for an escalating impact from global trade disputes.
Move threatens to raise prices for US consumers and hits apparel, jewelry, and textile importers, straining trade relations.
Fed Chair Powell warns of 'rising downside risks to employment' as data points to a weakening labor market.
Potential deal, part of CHIPS Act funding, could make the U.S. government the company's largest shareholder.