U.S. employers added 162,000 jobs in August, more than double economists’ forecasts and signaling a sharp acceleration from hiring in July. By the numbers Economists polled by FactSet forecast employers added 65,000 jobs in August. The unemployment rate was 4.1% in August, unchanged from the previous month. Hiring in August was boosted by job gains…
On Tuesday, the jury in Lindsay Clancy’s trial told the judge that it was deadlocked, or unable to reach a unanimous verdict in her case. Several recent high-profile cases provide a possible glimpse at how long deliberations could continue if no progress is made. Judge William Sullivan ordered jurors to keep deliberating after they sent…
Treasury yields edged higher on Tuesday, extending a global bond sell-off and threatening to raise borrowing costs for millions of Americans. The yield on the 10-year Treasury, which influences mortgage rates, rose to 4.78%, up from 4.75% late Monday and the highest level since January 2025. The yield on the 2-year Treasury, which closely tracks…
The U.S. job market is less robust than it looks, according to a new analysis. The nation’s unemployment rate fell to 4.1% in July, well within the range economists consider healthy. Yet that measure, which reflects the percentage of people over the age of 16 who don’t have a job and who are looking for work,…
President Trump said Wednesday that he expects to meet again with North Korean leader Kim Jong Un this year. His comments followed a report by the Wall Street Journal that said he was hoping to have such a meeting organized soon, possibly around the November APEC summit in Shenzhen, China. Asked by a reporter at the…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Ed O’Keefe: Kentucky Gov. Andy Beshear, a Democrat Rep. Don Bacon, Republican of Nebraska Anthony Salvanto, CBS News executive director of elections and surveys Pennsylvania state Rep. Chris Rabb Wall Street Journal reporter Sabrina Rodriguez, NOTUS reporter Paul Kane, The Atlantic staff writer Toluse…
Norway’s soccer star Erling Haaland’s face has appeared on billboards, trading cards and television screens, becoming a social media phenomenon for scoring seven goals across four World Cup matches in July. Now, police in Ecuador have found it in an unexpected place – printed on green rectangular packages that made up a stunning cocaine shipment…
The U.S. economy unexpectedly shed 23,000 jobs in July, undershooting economists’ expectations and signaling the job market may be slowing. By the numbers Economists polled by FactSet forecast employers added 95,000 jobs in July. The unemployment rate in July stood at 4.1%, down from 4.2% in June. The Labor Department also revised down the May…
As the Danube River breaks new record lows across much of its nearly 1,800-mile stretch through eastern Europe, curiosities of the past — including woolly mammoth bones in Bulgaria, sunken Nazi warships in Serbia and unexploded WWII artillery in Hungary’s capital — are emerging. But there’s also an energy crisis unfolding for Hungary’s nearly 10…
The U.S. stock market approached record highs on Tuesday after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could be reached within days. Investors were also cheered by strong corporate profits, with companies ranging from equipment maker Caterpillar to software company Palantir Technologies reporting second-quarter results that exceeded analysts’ expectations. …
