Economy

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Payroll growth at private companies turned slightly stronger than expected in October, providing some hope that the labor market isn’t in danger of sinking, ADP reported Wednesday. Companies...

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Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

A jobseeker holds a brochure during a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Gett...

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Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case

Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case

Treasury Secretary Scott Bessent said Tuesday that there are other options in case of defeat as the Supreme Court is about to hear a landmark case on President Donald Trump‘s tarif...

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AI-washing and the massive layoffs hitting the economy

AI-washing and the massive layoffs hitting the economy

Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agen...

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Russia looks to cosy up with China after Trump’s meeting with Xi

Russia looks to cosy up with China after Trump’s meeting with Xi

In this pool photograph distributed by the Russian state agency Sputnik, Russian Prime Minister Mikhail Mishustin (R) arrives at the airport of Hangzhou on November 3, 2025. Dmitry Ast...

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