April Jobs Report: 175,000 jobs added
US job growth slowed considerably last month, with just 175,000 positions added in April, according to Bureau of Labor Statistics data released Friday.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Americans paid slightly more for fuel this week as gas prices rose by a few cents, on average
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Art Institutes borrowers to get student debt cancellation, Biden says
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
Boeing whistleblower from Kansas is 2nd to die in past 2 months
Joshua Dean, a 45-year-old whistleblower who reported safety concerns at a parts supplier for Boeing's 737 Max jets, has died unexpectedly in an Oklahoma hospital.
What do higher-for-longer interest rates mean for your money?
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Federal Reserve keeps interest rates unchanged
Paul Mueller with the American Institute for Economic Research joins LiveNOW's Andrew Craft to talk interest rates, which are remaining steady.
Americans adjust retirement goals up 15 percent but savings drop: survey
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
Consumers see higher auto payments in exchange for better borrowing rates
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
Federal Reserve keeps interest rates unchanged
The Federal Reserve left the interest rate unchanged between 5.25% and 5.5% as annual inflation rates continued to stall.
McDonald's looking to beef up with larger burgers
McDonald’s is looking to potentially beef up its offerings with a bigger burger.
Father-daughter ironworker duo champion the rise of vocational learning
Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.
How often should you go to the grocery store and how much to spend?
Research shows consumers are spending an average of $174 per grocery store visit in 2024, leading to more deliberate and less frequent shopping trips.
Dave & Buster’s will soon allow betting on its arcade games
Dave & Buster’s is rolling out a feature where you’ll be able to bet against your friends on arcade games.
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Many Americans spend more than 30 percent of their take-home pay on a mortgage: survey
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
Job scams are targeting young professionals: What to look for
Job scams targeting students are on the rise, and can include a message from a professor or an AI-generated interview. Here’s what to watch for.
Costco has yet to bring warehouses to these 3 US states
Three U.S. states still don't have Costco locations, despite the retailer having hundreds of stores across the country. Here's why.
Williams Sonoma labeled Chinese-made merchandise American made; ordered to pay over $3M
Williams-Sonoma has been ordered to pay over $3 million in fines for violating the FTC's 'Made in USA' order.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.