Latest News Updates From Paul Wiseman

GovernmentBusiness

New Data Shows Much Weaker Job Market in 2024, This Year

The Labor Department reported Sept. 9 that employers added 911,000 fewer jobs than originally reported from April 2024 through March.

September 9, 2025
GovernmentBusiness

GDP Grows at Revised Rate of 3.3% in Q2

The first-quarter GDP drop, the first retreat of the U.S. economy in three years, was caused by a surge in imports as businesses scrambled to bring in foreign goods ahead of Trump’s tariffs.

August 28, 2025
GovernmentBusiness

Producer Prices Surge in July as Tariffs Push Costs Higher

The Labor Department reported Aug. 14 that PPI rose 0.9% last month from June, the biggest jump in more than three years. Compared with a year earlier, wholesale prices rose 3.3%.

August 14, 2025
GovernmentBusiness

Labor Market Weakens as Employers Added 73,000 Jobs in July

The Labor Department reported Aug. 1 that revisions shaved a stunning 258,000 jobs off May and June payrolls.

August 1, 2025
GovernmentBusiness

Economy Rebounds a Surprisingly Strong 3% in Q2

American gross domestic product — the nation’s output of goods and services — rebounded after falling at a 0.5% clip from January through March, the Commerce Department reported July 30.

July 30, 2025
GovernmentBusiness

Trump’s Trade Blitz Yields Few Deals but Lots of Uncertainty

President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.

July 9, 2025
GovernmentBusiness

Employers Added a Surprising 147,000 Jobs in June

U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies. 

July 3, 2025
GovernmentBusiness

Economy Shrank 0.5% in Q1, Worse Than Estimated

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported June 26.

June 26, 2025
GovernmentBusinessEquipmentFuelLogistics

Producer Price Index Rises Less Than Forecast in May

The Labor Department reported June 12 that its producer price index rose 2.6% in May. Producer prices rose 0.1% from April to May after dropping 0.2% the month before.

June 12, 2025
GovernmentBusiness

Hiring Slows, but Solid 139,000 Jobs Added in May

U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump’s trade wars.

June 6, 2025