US household debt surpassed $16 trillion for the first time ever during the second quarter, the New York Federal Reserve said Tuesday.
Job openings fell sharply in June as labor market shows signs of slowing
Job openings plunged in June to their lowest level since September 2021 in a potential sign that a historically tight labor market is starting to slow.
Wall Street falls on rising U.S.-China tensions, Caterpillar shares weigh
Wall Street’s major indexes fell on Tuesday on concerns over rising U.S.-China tensions ahead of the arrival of U.S. House of Representatives Speaker Nancy Pelosi in Taiwan, with losses in industrial bellwether Caterpillar adding to the slide.