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Federal Reserve official Barkin said recent jobs data are disappointing but consistent with a weakly balanced labor market, marked by low hiring and low layoffs. He described the labor market as running from zero growth to modest growth. Barkin added

2026-08-07

Federal Reserve official Barkin said recent jobs data are disappointing but consistent with a weakly balanced labor market, marked by low hiring and low layoffs. He described the labor market as running from zero growth to modest growth. Barkin added that corporate profits remain strong and growing, and he is monitoring the link between corporate earnings and the labor market.

Other News
2026-08-07

Magyar, Hungary's prime minister, said the situation at the Paks nuclear power plant remains difficult.

Magyar, Hungary's prime minister, said the situation at the Paks nuclear power plant remains difficult.
2026-08-07

U.S. President Trump said he is addressing the Russia-Ukraine conflict and believes progress is being made.

U.S. President Trump said he is addressing the Russia-Ukraine conflict and believes progress is being made.
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