Economy

Moody's chief economist Mark Zandi warned that the U.S. economy is on the precipice of recession as weak jobs data and rising inflation complicate the Federal Reserve's policy moves.

ESPN will acquire NFL Network and other media assets from the NFL in exchange for the league taking a 10% equity stake in the all-sports network as part of a landmark agreement.

Office of Personnel Management ends Musk's federal employee reporting requirement, citing managers have other tools to track team member work progress.

The Social Security Administration will phase out paper benefit checks by Sept. 30, transitioning beneficiaries to direct deposit and Direct Express debit cards in most cases.

Proposed executive order would direct regulators to investigate banks for potential violations of Equal Credit Opportunity Act over political discrimination claims.

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market expectations shifting from a hold to a 25-basis-point cut.

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role as Jerome Powell succession process begins.

The Bureau of Labor Statistics' jobs report revisions are standard practice to improve data accuracy as more businesses respond to surveys, contrary to President Donald Trump's claims of rigged numbers.

Realtor.com names Beverly, Massachusetts, the hottest zip code in America with homes getting 4.6 times more views and median price of $746,000.

Tesla granted CEO Elon Musk a new $29 billion pay deal with 96 million shares to retain him as the company pivots from making electric vehicles to robotaxis and humanoid robots.

Beijing and New Delhi continue to defy U.S. sanctions on Russian crude, much of which is funneled through a growing fleet of untracked "ghost ships."

Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the BLS commissioner following a weak jobs report.