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U.S. unemployment rate rises even as labor market adds more jobs than expected
McComb Enterprise-Journal· 4 hours agoThe latest labor reports are a mixed bag as inflation, high interest rates, and increased cost of goods directly impacting consumers continue to trouble the U.S< ...
Biden’s economy: good metrics, bad vibes, few levers
Politico via Yahoo Finance· 2 hours agoPresident Joe Biden is running out of the tools — and the time — he needs to turn around Americans’ gloomy view of the U.S. economy.
DOT Trims Some Fuel-Economy Targets for Future Vehicles in Final Standards
The Wall Street Journal· 1 hour agoU.S. regulators settled on a less stringent set of fuel-efficiency standards for light-duty cars and...
Restaurants added nearly 25K jobs in May
Nation's Restaurant News· 6 hours agoThe U.S. economy added 272,000 jobs in May, more than the 180,000 expected, as the unemployment rate ticked up to 4%, from 3.9% in April ...
Why the Recession Still Isn’t Here
The Wall Street Journal· 4 hours agoECONOMY The recession, predicted by business executives, economists, and investors, refuses to show up. Steady hiring continues to fuel consumer spending...
Real-world mileage standard for new vehicles rising to 38 mpg in 2031 under new Biden rule
U-T San Diego· 3 hours agoNew vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, ...
U.S. Services PMI Returns to Expansion Path in May: 5 Picks
Zacks via Yahoo Finance· 9 hours agoNotably, the metric for April was 49.4%, marking the first month of contraction since December 2022....
Octa’s Research: Inflation in the U.S. Is Cooling Down Slightly
FX Empire via Yahoo Finance· 8 hours agoThis ISM decrease followed similar weaknesses in the Chicago PMI, Dallas Fed, Philadelphia Fed, and...
How Mexico’s President-Elect Got U.S. Help to Fight Crime
The Wall Street Journal· 7 hours agoThe $40 million seizure made headlines, but the investigation’s linchpin remained secret: U.S. law...
U.S. employers added a robust 272,000 jobs in May, a sign of sustained economic health
Los Angeles Times· 7 hours agoLast month’s sizable job gain suggests that the economy is still growing steadily, propelled by consumer spending on travel, entertainment and other areas of the service sector ...
