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The job market stays red-hot with the unemployment rate near a pre-pandemic low
U.S. employers added 390,000 jobs in May as the labor market stays hot. The unemployment rate held steady at 3.6%.
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3:37
Hiring slipped only slightly in June, with no sign of a looming recession
U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot.
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3:34
Omicron boosters for kids 5-12 are cleared by the CDC
Tweaked boosters rolled out for Americans 12 and older last month, modified to target today's most common and contagious variant. The latest move may expand protection before an expected winter wave.
Ian makes landfall in South Carolina, flooding beaches and roads
"The flooding has been catastrophic," the police department on Pawleys Island, S.C., said around midday. As the storm arrived, the state was under 85 weather alerts.
Baklava took a break in Turkey's pastry capital after the earthquake. Now it's back
In a city known for its pistachio baklava, a pastry heavyweight turned his family's restaurant into a charity kitchen and shelter after the catastrophic Feb. 6 earthquake.
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3:35
FIFA World Cup: The U.S. and Wales tie 1-1 in a crucial opening match
England looked every bit the Group B favorite in its 6-2 win over Iran, and the U.S. tie with Wales complicates its hopes of emerging from the World Cup group stage.
The Biden administration sells oil and gas leases in the Gulf of Mexico
Energy companies secured access to 1.6 million acres of waters offered at auction. It's the second time this month that the administration has opened federal territory for new fossil fuel drilling.
The job market is cooling but still surprisingly strong. Is that a good thing?
U.S. employers added 209,000 jobs in June. That's a solid number, but fewer than the month before. Here are the 5 things we took away from the report.
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3:37
Economy Shed 598,000 Jobs In January
More Americans lost jobs in January than in any month in the past 34 years, adding to the nation's strained unemployment roll as the Obama administration tries to pull the economy out of a tailspin. This was the deepest cut in payrolls since December 1974.
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0:00
An experimental Alzheimer's drug outperforms one just approved by the FDA
In a large study, the experimental drug donanemab slowed the progression of Alzheimer's by about 35%. That's slightly better than the drug Leqembi, which was fully approved by the FDA on July 6.
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3:37
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