Labour force participation dropped to its lowest level since March 2021, reaching 61.5 percent in June.
Donald Trump boasts on social media that since signing of MoU for peace deal, oil is flowing and prices are dropping.
After an initial US-Iran agreement is reached, Iranians still await relief at the grocery checkout.
Brent crude drops 2.3 percent, while key stock indices in Japan, South Korea and Taiwan climb.
In its projections, the US Fed anticipated that rates will rise a quarter of a percentage point by end of 2026.
Brent crude drops to lowest price since early March, before signing of framework deal to end US-Israel war on Iran.
CEO Vlad Tenev said while the firm is in a strong financial position, it has been a ‘heavily-layered organization’.
Benchmark S&P 500 rises 1.7 percent, while tech-heavy Nasdaq jumps 3.1 percent.
Producers will need time to ramp up output, while port bottlenecks and heightened demand will keep US prices up.
PM warns social media platforms are exposing children to content that is ‘dangerous’ and ‘designed to be addictive’.
Asian stock markets surge as Washington and Tehran announce breakthrough in talks to reopen Strait of Hormuz.
