The U.S. economy had far more vacant jobs at the end of July than economists expected, indicating that the Federal Reserve’s interest rate increases have not yet cooled the labor market.
Amidst ongoing food supply chain issues and shortages in the U.S., House Democrats introduced a bill that would designate an extra $50,000,000 for food programs for migrants in addition to a baseline of $150,000,000.
Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation