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US jobless claims fall to 191,000, lowest since 2022
US jobless claims dropped to 191,000, the lowest since 2022, signaling muted layoffs even as hiring slows and raising questions ahead of the Federal Reserve’s rate decision.
Tariffs and slowdown curb retailers’ holiday hiring plans
Economic uncertainty and tariffs are forcing retailers to scale back or delay holiday hiring, signaling a cautious outlook for the 2025 shopping season.
US tariffs on India’s exports rise to 50% over Russian oil
The US imposed 50% tariffs on Indian goods over Russian oil purchases, threatening $48.2B in exports and sparking fears of job losses and slowdown.
US job openings drop to 7.4 million as hiring slows
Job openings fell to 7.4 million in June, signaling a cooling U.S. labor market as hiring slows and quit rates hit their lowest level since December.
