ADP report reveals unexpected job losses, intensified by the ongoing government shutdown and delayed BLS data.
S&P Global Ratings report highlights risks of low profitability and credit shocks in the Chinese banking sector as Beijing prioritizes economic growth.
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.
Trump administration cancels $679 million in federal support and halts a nearly-complete project, citing national security concerns.
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.