The U.S. economy suffered an unexpected setback in July, as hiring fell sharply and the unemployment rate rose for the fourth straight month in a sign that higher interest rates may be taking a bigger toll on businesses and consumers.
apnews.com
US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears
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Hard landing and severe recession are ahead – the banks know a crisis is coming, says George Gammon
If the ongoing turmoil in the Middle East boils over, U.S. consumers probably shouldn't bank on a familiar government tool to ease the potential impact on what they pay for gasoline.
www.investopedia.com
US Emergency Oil Reserves Remain at Near Four-Decade Low Amid Rising Global Tensions
Chinese-owned companies have lapped up oil from America’s emergency stockpile since the Biden administration decided to sell 180 million barrels last year to lower prices ahead of the midterm elections.