Economy

President Biden touted the U.S. as having the strongest economy and lowest inflation rate in the world during Labor Day remarks at a union event.

Wage compression is "destroying" companies right now according to labor relations expert Jason Greer, who says the problem is driving up turnover and unionization efforts.

More than 245,000 pounds of Banquet frozen chicken strips meals have been recalled by Conagra Brands, Inc. following concerns of plastic contamination after an oral injury was reported.

In the two most expensive states to live, single Americans need to earn over $108,000 and $84,000. On the flip side, singles can get by with just $47,500 in a handful of states.

Chinese officials claimed to have no knowledge of a massive hack targeting the email of hundreds of thousands of U.S. officials, Sec. Gina Raimondo says.

For stocks, September is historically one of the worst months on record, followed by an equally rough October. This year, the crosscurrents are a little different for investors.

After the Labor Day holiday, investors will kick off the first week of September with a host of earnings and Goldman's technology conference featuring the world's biggest AI players.

The Biden administration's proposed overtime rule would be disruptive to small businesses, trade groups warn

Jobs in a wide range of industries have been dealing with worker shortages. They include air traffic controllers, teachers, bus drivers, construction workers and others.

Recent data showed that many people are taking advantage of their last holiday weekend before summer ends. Bookings for flights, hotels, rental cars and cruises are higher.

The U.S. Department of Labor reported Friday the U.S. economy added 187,000 jobs in August, driven by a burst of hiring in health care and leisure and hospitality.

A new report from Moody's Analytics puts the preliminary estimate for Hurricane Idalia's cost of damages and economic disruption between $12 billion and $20 billion.

Mortgage rates declined this week, but remain elevated, Freddie Mac reported. But the direction of mortgage rates remains uncertain ahead of the Fed’s next meeting, where the central bank could raise interest rates again.

The August jobs report released Friday provided a key look at the labor market's health amid the Federal Reserve's aggressive interest rate-hike campaign.