The latest gains far exceeded expectations and showcased employers’ willingness to keep hiring to meet steady consumer spending.
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Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.
President Joe Biden signed a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into a catastrophic recession.
The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.
Environmentalists are celebrating a court ruling that removed more than a million acres of federal land in Western states from an upcoming oil and gas auction in greater sage grouse habitat, including about 330,000 acres in Nevada.