Nvidia, Okta, Five Below, Bed Bath & Beyond and more
A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images Check out…
Jobless claims total 232,000, the lowest level in two months
Initial filings for unemployment insurance fell to their lowest level since late June last week, a sign that the labor market is resilient amid a slowing economy. Claims totaled a…
Fed’s Mester sees benchmark rate above 4% and no cuts at least through 2023
Loretta Mester at Jackson Hole, Wyoming David A. Grogan | CNBC Cleveland Federal Reserve President Loretta Mester said Wednesday she sees interest rates rising considerably higher before the central bank…
Private payrolls grew by just 132,000 in August
A hiring sign is seen in a cafe as the U.S. Labor Department released its July employment report, in Manhattan, New York City, August 5, 2022. Andrew Kelly | Reuters…
Fed’s Williams pushes back on expectations of a rate cut next year
John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Federal…
JOLTS July 2022:
A “Now Hiring” sign is posted at a Home Depot store on August 05, 2022 in San Rafael, California. Justin Sullivan | Getty Images There were nearly 1 million more…
Biden cancels $10,000 in federal student loan debt for most borrowers
President Joe Biden announced Wednesday that he will forgive $10,000 in federal student debt for most borrowers, fulfilling a campaign pledge and delivering financial relief to millions of Americans. Biden…
Latest news from Russia and the war in Ukraine
IAEA experts arrive in Kyiv ahead of visit to nuclear power plant, CNN reports A team of experts from the International Atomic Energy Agency (IAEA) — the United Nations’ nuclear…
Fed rate hikes won’t curb inflation if spending stays high, paper says
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors of the Federal Reserve, and…
Russia-Ukraine war updates for August 25, 2022
Thu, Aug 25 20225:24 PM EDT ‘The world is experiencing the worst food security crisis any of us have ever seen,’ U.S. ambassador to UN says U.S. Ambassador to the…