While the unemployment rate remains near a 50-year low, another measure of worker well-being indicates there may be bigger cracks in the labor market. The low unemployment rate, which stood at 4.2% in April, has signaled to economists and investors alike that the U.S. economy remains relatively healthy. Employers are also continuing to hire despite […]
The National Highway Traffic Safety Administration is investigating Tesla after incidents involving the electric car maker’s robotaxis were caught on camera this weekend during a pilot in Austin, Texas. NHTSA, which operates under the Department of Transportation and regulates automobile safety, said it contacted Tesla after videos surfaced showing instances of the company’s self-driving taxi […]
The Federal Reserve Bank is expected to hold its benchmark rate steady at its meeting on Wednesday, maintaining the same cautious posture it has assumed throughout the first half of 2025. That’s according to the CME Group’s FedWatch Tool, which as of June 18, 2025, shows a likelihood of 99.9% that the Fed will keep […]
