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.
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
Moderna announced on Friday that it's suing rivals Pfizer and BioNTech SE, claiming that the mRNA technology in their Covid-19 jab infringes on its patents.
Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...
Numerous companies across the United States are planning to trim their employee numbers, Fox Business reported Friday.
The outlet continued:
That’s according to a new survey...
On the menu today: President Biden and China’s Xi Jinping are expected to have their first in-person meeting in Indonesia this November, leading some to argue that the administration should set preconditions for Xi before granting him a face-to-face meeting with the American president.
