US economy added 254K jobs in September, well above expectations
The Labor Department reported that U.S. employers added 254,000 jobs in September, well above economists' expectations, while the unemployment rate declined to 4.1%.
Port strike incites panic buying as consumers feared supply chain issues
Panic buying ensued in some U.S. stores after dockworkers at ports along the East and Gulf coasts went on a three-day strike that ended on Thursday evening.
Port strike could affect holiday shopping: How consumers can prepare
Holiday shoppers should get ahead on their purchases before the supply chain disruptions tied to the port strike begin to hinder business operations, an expert says.
Port strike poses threat to small businesses: 'Could very well just shut us down'
Unlike bigger brands, smaller companies are more likely to feel the effects of even slight disruptions, like the port strike, on their day-to-day operations.
Dockworkers hit picket lines: What it will take to end the port strike
Dockworkers at ports along the East and Gulf Coasts are on strike after their union and port employers failed to reach an agreement on a new contract.
Housing turnover rate hits lowest level in 30 years
Housing market has had little movement thanks to elevated mortgage rates and high home prices coupled with economic and political uncertainty, Redfin economists said.
Port strike by the numbers: New York, Savannah, Baltimore expected to see disruptions
Three dozen ports along the East and Gulf coasts are facing a potential work stoppage as the deadline for a new contract between port employers and dockworkers nears.
Attention shoppers: Brace for empty shelves, rising prices if port workers strike, expert says
Experts warn that consumers will run into issues over the coming months if port workers strike next week. It will limit supplies and boost prices, they say.
Port strike could delay delivery of critical medications: It could be 'devastating,' doctors say
Medical professionals are sounding the alarm over the potential impact prolonged port strikes along the East and Gulf coasts can have on medical supplies.
Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.
Looming port strike: What to know about the potential work stoppage
Roughly 45,000 dockworkers plan to stop working as terms of a new contract have yet to be agreed upon. Here's what you need to know about the potential work stoppage.
US economy grew 3% in the second quarter, in line with expectations
The U.S. economy grew at a 3% rate in the second quarter, in line with economists' expectations, according to the latest data from the Bureau of Economic Analysis.
American families continue to struggle to provide essentials in ongoing diaper crisis
Diaper banks are bridging the gap for families across the U.S. providing essentials such as dozens of diapers per week as some families struggle to pay for them.
Potential port strikes send ripple effects through supply chain, threaten inflation
U.S. rapidly approaching deadline for a new labor contract for dockworkers at three dozen ports. If a deal isn't reached, all of the workers were told to stop working.
Fed governor explains dissent from 50 basis point rate cut
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, saying she would have preferred a smaller cut.
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the health of the labor market ahead of their rate cut decision.
Fed cuts interest rates for first time in 4 years – here's what that means for your wallet
The Federal Reserve cut interest rates, signaling that it has won the fight against inflation.
Federal Reserve cuts interest rates by half-point; first rate reduction in four years
The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.
Port strikes could have 'devastating' impact to economy, retail trade group says
There are looming port strikes on the East Coast and Gulf of Mexico that could deal a blow to retailers during the most critical time of year: the holiday shopping season.
Home Depot to pay nearly $2M penalty for allegedly overcharging customers
Home Depot is being ordered to pay a fine to settle claims that it was charging customers more than advertised for some products. It's called a "scanner violation."