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Economy
Unemployment rate in February drops for Black men, but rises for Hispanic women
A hiring sign is displayed in the window of a Chipotle on August 22, 2024 in Alexandria, Virginia. Anna Rose Layden | Getty ImagesThe unemployment rate among Black men saw a significant improvement in February – even as the rate ticked…
Justice Department is looking into egg prices in antitrust probe, report says
Eggs are displayed for sale in a Manhattan grocery store in New York City on Feb. 25, 2025.Spencer Platt | Getty ImagesThe U.S. Justice Department has opened an investigation into potential antitrust issues related to the surging price…
U.S. payroll growth totals 151,000 in February, less than expected
Job growth was weaker than expected in February as the Trump administration began to slash the federal workforce.Nonfarm payrolls increased by a seasonally adjusted 151,000 on the month, better than the downwardly revised 125,000 in…
The pivotal February jobs report is out Friday. Here’s what to expect
People walk past digital billboards at the Moynihan Train Hall displaying a new initiative from New York Governor Kathy Hochul titled 'New York Wants You', a program designed to recruit and employ displaced federal workers across New…
Treasury Secretary Bessent says the American dream is not about ‘access to cheap goods’
Scott Bessent, US treasury secretary, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, March 6, 2025. Sanctions on Russia "will be used explicitly and aggressively for immediate maximum impact" at…
European Central Bank to make ‘last easy rate cut’ as tariffs, higher fiscal spending
The European Central Bank is expected to cut interest rates for the second time this year at its Thursday meeting, but disagreement among policymakers may be set to increase amid tariff uncertainty and a potential ramp-up in regional…
Private employers added just 77,000 jobs in February, far below expectations, ADP says
A person exits a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City. Eduardo Munoz Alvarez | Corbis News | Getty ImagesPrivate sector job creation slowed to a crawl in February, fueling concerns of an economic…
Germany’s fiscal U-turn could be a ‘game changer’ for the country’s sluggish…
Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of…
Executives are willing to pass down higher costs from tariffs to customers, EY-Parthenon
People shop in a supermarket in the Manhattan borough of New York City on Feb. 20, 2025.Charly Triballeau | AFP | Getty ImagesConsumers are certain to face higher sticker prices as businesses prepare to pass on rising costs from tariffs…
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. Timothy A. Clary | Afp | Getty ImagesA growth scare in the economy has accompanied worries over a resurgence in…