Spending at retail stores inched higher in August as the price of gasoline fell, but demand remained muted as consumers continue to confront scorching-hot inflation.
Weekly jobless claims fall for fifth-straight week, showing resilient labor market
The number of first-time claims for unemployment benefits fell again last week, setting a new three-month low and showing that employers are still reluctant to let go of workers despite some economic slowing.
Adobe shares plunge on deal to acquire design platform Figma for $20 billion
Adobe announced Thursday that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock. Shares of Adobe sank 17%, their biggest plunge since 2010.