Economy
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Economy
The Job Engine Stalls: July's Payroll Contraction Redraws the Fed's Map
The economy shed 23,000 jobs in July against expectations for solid gains, and the miss has scrambled the Federal Reserve's September calculus even as some officials keep pressing the case for higher rates.
Economy
Main Street Perks Up While Housing Stays Stuck: Two Economies in One Morning
Small business optimism hit its highest level in nearly a year with hiring plans at a 2022 high, even as existing home sales slipped again — a split screen that captures the economy's uneven footing.