Business

Private payrolls rise 692,000 in June, easily topping expectations

People seeking employment wait to speak to a recruiter at the 25th annual Central Florida Employment Council Job Fair at the Central Florida Fairgrounds. More

Business

U.S. stock futures are little changed as the market closes out a winning first half

A trader works on the New York Stock Exchange on March 3, 2020. Michael Nagle | Xinhua via Getty U.S. stock futures were little changed

Business

Fed Vice Chair Quarles casts significant doubt on establishing a digital dollar

With the Federal Reserve set to release a much-anticipated report this summer on the potential creation of a digital dollar, the central bank’s vice chair

Business

El-Erian says the Fed is behind on inflation and risks another recession if it is forced to catch up

Federal Reserve officials are underestimating inflation and risking that the U.S. could fall into another recession, Mohamed El-Erian, the Allianz chief economic advisor, told CNBC

Business

J&J agrees to stop selling opioids in $230 million settlement with New York

New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, U.S., May 21, 2021.

Business

Nike, Virgin Galactic, Blackberry, big banks and more

Virgin Galactic SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Virgin Galactic — Virgin shares soared 38% after it announced

Business

Key inflation indicator posts biggest year-over-year gain in nearly three decades

A key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, the Commerce

Business

Clover, Under Armour, Ford and more

The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson |

Business

‘very, very unlikely’ the U.S. will see 1970s-style inflation

Federal Reserve Chairman Jerome Powell acknowledged Tuesday that some inflation pressures are stronger and more persistent than he had anticipated, though still not on par

Business

Powell notes financial enchancment, however says the pandemic stays a danger

Jerome Powell, chairman of the U.S. Federal Reserve, speaks throughout a Home Choose Subcommittee on the Coronavirus Disaster listening to in Washington, D.C., U.S., September