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U.S. Economy

Treasury yields slip as hope for Fed rate cuts increases after latest U.S. jobs data

U.S. Treasury yields were lower Monday, adding to the declines seen Friday after the April jobs report showed weaker-than-expected payrolls growth.The yield on the...

Many large U.S. cities are in deep financial trouble. Here’s why

Municipal governments across the United States are looking to rein in spending as pandemic-era stimulus dries up and inflation lingers for longer than expected."Clearly...

China remains crucial for U.S. chipmakers amid rising tensions between the world’s top two economies

US-China chip war graphicWong Yu Liang | Moment | Getty ImagesChina remains an essential market for most American chipmakers despite Washington's efforts to restrict chip...

The strong U.S. job market is in a ‘sweet spot,’ economists say

Now Hiring sign in a supermarket window in Queens, New York. Lindsey Nicholson/UCG/Universal Images Group via Getty ImagesThe U.S. job market continues to chug ahead...

Gold shatters record highs, notches third straight weekly gain on buying momentum

Two Argor-Heraeus SA 250 gram gold bars at Solar Capital Gold Zrt. arranged in Budapest, Hungary, on Tuesday, March 22, 2022. Akos Stiller | Bloomberg...

Immigration is ‘taking pressure off’ the job market and U.S. economy, expert says

Pixelprof | E+ | Getty ImagesThe share of immigrants in the U.S. labor force has steadily increased for more than a decade, and that...

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