The post-pandemic boom in hiring appears to be over, and businesses are adding fewer workers. Will the slowdown in employment continue?
An ISM barometer of business conditions at U.S. service-oriented companies fell slightly in September and indicated some softening in the U.S. economy.
Orders for U.S. manufactured goods rose 1.2% in August, the Commerce Department said Wednesday, after declining 2.1% the prior month.
U.S. private-sector employment rose by a tepid 89,000 in September, payroll processor ADP said, perhaps a sign the labor market is catching a chill.
U.S. mortgage applications fell 6% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.53%.