June Jobs Report Falls Short of Forecasts
The U.S. economy added 57,000 jobs in June, the Bureau of Labor Statistics reported on July 2, well below both the consensus estimate of 115,000 and the downwardly revised 129,000…
Consumers Post Strongest Borrowing Streak in Years
Federal Reserve data released Friday showed total consumer credit rising $20.7 billion in April, following a $22.2 billion gain in March, the strongest back-to-back monthly increase since late 2022. Both…