Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown

Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month. Nonfarm payrolls increased by just 22,000 for the month, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report…

Stocks making the biggest moves premarket: Salesforce, American Eagle, Hewlett Packard Enterprise and more

Check out the companies making headlines before the bell: Salesforce — The cloud company slipped 7% after Salesforce guided for third-quarter revenue to come in between $10.24 billion and $10.29 billion, lower than the $10.29 billion analysts polled by LSEG had estimated. However, Salesforce posted a second-quarter beat on both the top and bottom lines….

Delhi-NCR rain havoc: Flood alert issued; roads waterlogged, monster traffic jams – top developments | India News – The Times of India

Heavy rainfall lashed Delhi-NCR region on Monday, triggering severe waterlogging, traffic jams and flood alerts, leaving several areas submerged with people struggling to manage daily tasks as short commutes stretched into hours due to severe congestion.The India Meteorological Department issued an orange alert and cautioned of moderate to heavy showers in the capital. Delhi Rain…

Here’s what it really means for Trump to get control of the Federal Reserve board

US President Donald Trump speaks during a meeting with Ukrainian President Volodymyr Zelenskyy and European leaders in the East Room of the White House in Washington, DC, on August 18, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump’s effort to sack Federal Reserve Governor Lisa Cook is about more than firing someone:…

Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central bank decisions this week sent a clear message to markets that officials are preparing to loosen monetary policy, reigniting investor appetite for risk. Bloomberg | Bloomberg | Getty Images…

Core inflation rate rose to 2.9% in July, as expected, key Fed measure shows

Inflation edged higher in July, according to the Federal Reserve’s preferred inflation measure, indicating that President Donald Trump’s tariffs are weaning their way through the U.S. economy. The personal consumption expenditures price index showed that core inflation, which excludes food and energy costs, ran at a 2.9% seasonally adjusted annual rate, according to a Commerce…

Lisa Cook hints ‘clerical error’ to blame for any mortgage application discrepancy

Federal Reserve Governor Lisa Cook’s lawsuit against Donald Trump challenges his ability to remove her from office, but only briefly addresses the central accusations that she committed mortgage fraud. One part of the documents filed in the suit suggests that the issue at hand regarding documents Cook submitted for home loans may have been caused…