Commuters arrive at Grand Central station during morning rush hour in New York, Nov. 18, 2021. Jeenah Moon | Bloomberg | Getty Images The August jobs report showed the U.S. unemployment rate rise across the board. Meanwhile, Black workers marked the only demographic to see their labor force participation fall. …

Catherine Mcqueen | Moment | Getty Images Why the unemployment rate increased in August The unemployment rate increased by 0.2 percentage points from 3.5% in July — a level that had tied with early 2020 as the best since 1969. The movement upward in August was largely attributable to hundreds …

Jose Luis Pelaez | Getty Images Married women may want to make sure they consider the possibility of unplanned singlehood when it comes to retirement preparations. Among women retirees, 51% of those who are divorced or widowed stepped away from the workforce earlier than planned, according to a new report …

Honor CEO George Zhao launched the company’s Honor 70 smartphone in Europe during a virtual presentation at the IFA trade show in Berlin, Germany. Honor, which was spun off from Chinese technology giant Huawei in 2020, is trying to boost its market share outside of China. Honor Honor, the smart …

Covid booster shots reformulated to target the BA.4 and BA.5 omicron subvariants received clearance from the Centers for Disease Control and Prevention on Thursday. And the vaccinations could be available as early as this weekend or next week. An independent committee on vaccines within the agency voted 13 to 1 …

People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Kohl’s — Shares of the retailer jumped 7.8% after a Reuters report that private equity firm Oak Street Real Estate Capital …

Top historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse. Speaking to CNBC at the Ambrosetti Forum in Italy, Ferguson said the catalyst events had already occurred to spark a repeat of the 70s, …

Caroline Purser | The Image Bank | Getty Images The Biden administration is firing back at Republicans considering bringing a legal challenge against President Joe Biden’s historic move to forgive the student debt of tens of millions of Americans. A White House spokesman, Abdullah Hasan, accused the party of double …

The U.S. economy added another 315,000 payrolls in August, with jobs growth slowing overall but still widespread throughout the economy. The economy saw growth in all the key sectors and subsectors in August, led by a gain of 68,000 jobs in professional and business services. “The market will like the …

Federal Reserve officials have spent the last week indicating rate hikes will continue in order to bring down rising prices — but this risks intensifying inflationary pressures, according to a Nobel Prize-winning economist. “The real worry in my mind is, will they increase interest rates too high, too fast, too …