The economy has added jobs for four straight months, and the unemployment rate has drifted down to 4.2%, yet nearly two million Americans have been locked out of the job market for at least half a year

The share of job seekers out of work for six months or longer is hovering near highest level in five years. 2026-07-15 09:30:00 Harriet Torry

Continue ReadingThe economy has added jobs for four straight months, and the unemployment rate has drifted down to 4.2%, yet nearly two million Americans have been locked out of the job market for at least half a year

China’s economic growth cooled more than expected in the second quarter of the year despite robust exports, as local governments and households pulled back spending

Official data showed gross domestic product in the world’s second-largest economy expanded 4.3% from a year ago in the April-June quarter, slowing from 5.0% in the prior quarter. 2026-07-15 02:55:00

Continue ReadingChina’s economic growth cooled more than expected in the second quarter of the year despite robust exports, as local governments and households pulled back spending