U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Read More Monthly US consumer prices post first drop in four years as inflation subsidesTag: inflation
US job growth slows moderately; unemployment rate rises to 4.1%
The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.
Read More US job growth slows moderately; unemployment rate rises to 4.1%Report: U.S. Job Market Weakens In June
The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday.
Read More Report: U.S. Job Market Weakens In JuneLeaked Video: Trump’s Critique of Biden And Harris Following Debate
Former President Donald Trump was seen in a leaked video referring to President Joe Biden as a “broken-down pile of crap” and stating he hopes that Biden drops out of the race soon.
Read More Leaked Video: Trump’s Critique of Biden And Harris Following DebateUS weekly jobless claims rise as labor market gradually slows
Ebbing labor market momentum, together with abating inflation pressures, keep the Federal Reserve on track to start cutting interest rates this year.
Read More US weekly jobless claims rise as labor market gradually slowsFrench Conservatives Make Huge Gains In Historic French Election Results
France could soon see a right-wing party obtain power for the first time since World War II, with Marine Le Pen’s National Rally making huge gains in the first round of a high-stakes snap election on Sunday.
Read More French Conservatives Make Huge Gains In Historic French Election Results