Mountain View, CA

Layoffs soared in August, hitting their highest total for the month in 15 years, while year-to-date hiring hit the lowest in the 19 years of a Challenger, Gray & Christmas survey. The report showed the biggest growth in planned layoffs came in the technology field, with companies announcing 41,829 cuts,...

Layoffs jump in August while hiring in 2024 is at a historic low, Challenger report shows

A deeper interest rate cut from the Federal Reserve this month could spook financial markets and send the wrong message about an imminent risk of recession, according to one economist. It comes as policymakers at the U.S. central bank are widely expected to start lowering interest rates when they meet...

A supersized Fed rate cut this month could be 'very dangerous' for markets, economist warns

Gold prices fell on Friday, retreating from near-record levels reached earlier, after mixed U.S. jobs data cast doubts on the scale of interest-rate cut from the Federal Reserve this month. Spot gold fell 0.8% to $2,495.85 per ounce by 4:04 p.m. ET, having hit their highest since Aug. 20, when...

Gold drops from near-record level as U.S. jobs data blurs rate outlook

The unemployment rate for Black workers fell to 6.1% in August from 6.3% in July. The jobless rate slipped for both Black men and Hispanic women. The labor force participation rate held steady for white workers but decreased for Black and Asian workers. The unemployment rate for Black workers fell...

Unemployment among Black workers falls in August, bucking trend from other groups

The relationship between the 10- and 2-year Treasury yield briefly normalized Wednesday, reversing a classic recession indicator. The respective yields were both around 3.79% on the session, with just a few thousandths of a percentage point separating them. An inverted yield curve, in which the nearer-duration yield is higher, has...

Bond market 'yield curve' returns to normal from inverted state that had raised recession fears

Amid high prices, steep interest rates, and unemployment worries, the New Zealand government estimates that a record 131,200 of its citizens have moved overseas in the past 12 months through June. A lack of quality jobs for kiwis, especially New Zealand's younger generations, is accelerating the exodus, with the trend...

'Economic refugees' flee from New Zealand as cost-of-living crisis deepens

Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. But things have changed since then. The industry is facing a range of issues, from regulation to macroeconomics, China and EVs. Issues in the automotive sector may also have spill over effects...

Once the envy of the world, Germany's car brands now weigh heavily on its struggling economy

Washington, DC

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NewsNinja

A woman says she overheard Texas Roadhouse corporate managers plotting to terminate an employee who is in the intensive care unit (ICU) by baiting her husband with a fake benefits package. The story has sparked outrage in a now-viral TikTok.

Woman catches Texas Roadhouse managers allegedly scheming to terminate an injured worker

Chicago, IL

Austan Goolsbee, Chicago Fed president, joins 'Money Movers' to discuss Goolsbee reaction to Friday's jobs report, the Fed's president's thoughts on the rate trajectory, and much more.

Chicago Fed President Austan Goolsbee: Critical challenge for the Fed is to not make things worse

Fall is nearly here, and that means it's time to schedule the vaccinations that will help bolster your immune system and better protect yourself against some of the most popular respiratory illnesses. This summer, we saw a surge in Covid cases, that started in early June. And health experts predict...

Covid-19, flu, RSV: Vaccine recommendations for fall—and the best time to get them

Columbus, OH

Gahanna, OH

A little-known suburb outside Columbus, Ohio, is the most in-demand real estate market in the U.S. for the second year in a row, according to a recent Realtor.com study. Gahanna, Ohio, ranked as the "hottest" ZIP code out of the 29,000 analyzed throughout the country in 2024, based on how often listings were viewed on Realtor.com, as well as how quickly they sold.

The 10 most in-demand U.S. ZIP codes for homebuyers—an Ohio suburb is No. 1

Volkswagen's management went toe-to-toe with workers on Wednesday, outlining the need to take "joint responsbility" in order to turn things around at the crisis-stricken German automotive giant. The showdown comes shortly after the carmaker flagged it was no longer able to rule out closing plants in its home country of...

'A declaration of bankruptcy': Unions lash out as Volkswagen weighs possible German plant closures

Mike Khouw, chief strategist with OpenInterest.PRO, joins CNBC's 'Power Lunch' to discuss what the options market shows about how much "safety demand" there is from investors, how to position, and more.

Market Navigator: Consumer staples show overcrowding in 'safety trade'

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It will actually be the “worst day any presidential campaign has ever had," said the host of MSNBC's "Last Word."

Lawrence O'Donnell Predicts Exact Date Trump Will Have 'Worst' Campaign Day Ever

Japanese semiconductor equipment providers have been counting on China as their largest source of revenue, even as they have got caught in the U.S.-China crossfire. The large business of Japanese chip companies in China underscores the challenge that the U.S. ally faces in balancing White House's demands with its domestic economic interests.

Japanese chip equipment firms count on China sales amid U.S. moves to block high-end exports to Beijing

Brian Belski, chief investment strategist at BMO Capital Markets, joins 'Halftime Report' to explain why he's buying Celsius, Dover and adding to his Palantir position.

Trade Tracker: Brian Belski shares his latest portfolio moves

Covington, KY

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Northern Kentucky Tribune

Baker Hunt Art and Cultural Center has named John Kennedy as the organization’s new executive director. Kennedy succeeds Karen Etling, who retired as of August 20. John Kennedy comes to Baker Hunt from an extensive career in education, most recently as headmaster of Covington Latin School. He led schools for two decades prior to that in North Georgia and San Antonio, after he and his wife taught in American schools in El Salvador and Egypt.

Baker Hunt announces appointment of John Kennedy as new executive director

The job with the highest burnout rate is also one of the most popular jobs companies are hiring for: Project manager. That's at least according to recent research from LinkedIn, which surveyed more than 16,000 professionals in the U.S. between March and June. Four in ten U.S. workers report feeling...

These 5 jobs have the highest burnout rates, according to LinkedIn—here's why

Salem, OH

Every day, 8-year-old Emma sits in a small garden outside her grandmother’s home in Salem, Ohio, writing letters to her mom and sometimes singing songs her mother used to sing to her.

Thousands of parents die of overdoses; advocates say their kids need more help

Nationwide, active listings in August were up 36% compared with the same month last year, according to a new report from Realtor.com. The growth in supply is due to the fact that homes are sitting on the market longer. While supply is increasing in most cities, some like Tampa, Florida,...

Home listings are up more than 60% in some cities. Here's where

NewsBreak

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

Nonfarm payrolls expanded by 142,000 during August, up from 89,000 in July and below the 161,000 consensus forecast. The unemployment rate ticked down to 4.2%, as...

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

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