Hiring by U.S. firms picked up a bit last month as the private sector added 190,000 net new jobs, payroll firm Automatic Data Processing Inc. said Wednesday.
Consumer prices ticked up in July, the sixth-straight monthly increase, but the pace of growth slowed in what could be a worrisome sign for Federal Reserve officials as they consider hiking a benchmark interest rate.
New loans for cars and light trucks hit a 10-year high in the second quarter of the year, pushing total auto debt above $1 trillion for the first time, according to government data released Thursday.
Banks, of all companies, are expected to get the math right. But in at least one case, the numbers didn’t add up for hundreds of thousands of customers — and that cost depositors millions of dollars.
After another month of solid job increases in July and a heartening uptick in wages, something else is more likely to rise by the fall: interest rates.
Federal regulators on Thursday set the date and final rules for a unique, complex effort to buy some broadcast airwaves and auction them to wireless companies to provide more mobile services.
Employers announced more layoffs in July than any month in nearly four years and the pace of planned job cuts this year is the most since the Great Recession, career counseling firm Challenger, Gray & Christmas Inc. said Thursday.
Federal officials this week are expected to finalize a groundbreaking plan to entice some TV stations to give up their valuable airwaves to help address the exploding demand for mobile Internet access.