Business

US economy added jobs at a slower pace than expected in June

This story about the June 2026 jobs report will be updated with further details. The U.S. economy added jobs at a steady pace in June despite headwinds caused by elevated inflation and uncertainty over the Iran war’s economic impact.What are the key findings of the June 2026 jobs report? The…

Private sector added 98,000 jobs in June, below expectations, ADP says

Companies in the private sector added 98,000 jobs in June, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 118,000 jobs and down from the prior month’s unrevised 122,000 payrolls figure.Which industries are hiring the most workers, according…

Check your AC: 13,000 units recalled over fire risk

More than 13,000 air conditioning units were recalled for posing fire and burn hazards, as Americans attempt to stay cool during a heatwave for the Fourth of July weekend. Texas-based Daikin Comfort Technologies Manufacturing, Inc. issued the recall last week for about 13,514 Amana Window-Room-Air-Conditioners and Through the Wall air…

Walmart goes nuclear in first-of-its-kind power deal for retail giant

Walmart is making its first nuclear power play as the retail giant looks to support its growing footprint in Illinois. The retailer signed a long-term power purchase agreement with Constellation to buy emissions-free electricity from the company’s Dresden Clean Energy Center in Illinois, the companies announced on June 23.The agreement…