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NHTSA Opens Probe Into Tesla’s Cybercab Rollout The transportation agency is reviewing the new robotaxi’s design and compliance with safety standards. —- Volkswagen’s Peace Deal With Unions Sets Up Fresh Battles to Come To win approval to cut thousands more jobs, automaker kicked questions about factory closures and governance down the road. —- EQT to…

The US economy added 162,000 jobs in August, nearly tripling what forecasters had penciled in. Consensus estimates had clustered around 55,000 to 65,000 new nonfarm payroll positions, making this the kind of miss that forces Wall Street to quietly update its spreadsheets and publicly update its talking points. The Bureau of Labor Statistics report, released…

A surprise increase in U.S. hiring in August 2026 has strengthened the case for a potential interest rate hike by the Federal Reserve, according to recent reports. Nonfarm payrolls rose by 162,000, significantly surpassing the economists’ expectation of 53,000, while the unemployment rate held steady at 4.1%. This unexpected surge follows a decline in July,…

Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger. Asset managers are rolling out new products to give retirement plan participants access to private market investments, amid the Trump administration’s push to expand private equity into 401(k) portfolios.  Alternative asset manager Constitution Capital Partners’ new Constitution Capital Horizon…

Another month and another jobs report that continues to befuddle economists. Nonfarm payrolls added a seasonally adjusted 162,000 jobs in August, more than triple economists’ estimates of 53,000 job gains. Additionally, the job numbers for both June and July were revised upward, with July notably revised from a 23,000 job loss to a 21,000 gain.…

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not. The government will release August inflation figures Sept. 11, and if that report shows inflation continues to cool, then Waller…

Donald Trump, Kevin Warsh US President Donald Trump on Friday renewed pressure on the Federal Reserve to lower interest rates, citing stronger-than-expected job growth and arguing that the United States should have among the world’s lowest borrowing costs.Trump made the remarks in a post on X after a jobs report showed employers added 162,000 jobs…

Diesel just shattered a record while crude oil sits well below its peak, and the gap between those two numbers explains why your grocery bill may keep climbing long after any ceasefire. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Energy analyst…

A new report reveals that data centers are playing an increasingly central role in the economy, a development which is unlikely to curb the growing grassroots opposition to the facilities behind the artificial intelligence (AI) boom. This week, the Federal Reserve published its latest Beige Book, a report which compiles testimonies and interviews from business…