The U.S. economy added 173,000 non-farm jobs in August, the Labor Department said today. The labor force participation rate was 62.6 for the third straight month. The unemployment rate decreased to its lowest level since March 2008, landing at 5.1 percent.
OFAC has authorized Russian oil exports through April 11 to ease pressure on rising fuel prices following the start of military operations in Iran.
A recent study of community development financial institution small-dollar loans to microbusinesses found that most borrowers improved their business outcomes, although some entrepreneurs struggled with managing their debt.
The University of Michigan Consumer Sentiment Index decreased 1.9% in March compared to the month prior, landing at 55.5, according to preliminary results for the month.
New orders for manufactured durable goods decreased $0.1 billion in January to $321.2 billion, virtually unchanged since the previous month, the U.S. Census Bureau said in its most recent advance report.
Personal income increased 0.4%, or $113.8 billion, in January, according to the U.S. Bureau of Economic Analysis. The personal saving rate was 4.5%.
Real gross domestic product increased at an annual rate of 0.7% in the fourth quarter of 2025, according to the second estimate released by the U.S. Bureau of Economic Analysis.
