U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

Key Points

Employers added 142,000 jobs in August, less than expected. The unemployment rate declined to 4.2%, according to the Bureau of Labor Statistics jobs report.
The U.S. job market has slowed considerably over the past year or so. The Federal Reserve has raised interest rates to tame inflation.
If the labor market continues to cool at this rate, the economy would likely be at risk of recession, economists said.

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Finance

Traders believe inflation could near 5% this year

May 12, 2026

Key Points Traders on Kalshi think inflation will likely rise above 4.5% in 2026. A smaller number believe price increases will breach 5%. Those levels are higher than economists’ forecasts, which see inflation peaking at an average of 3.8% in the second quarter. Source

Finance

Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

May 12, 2026

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Finance

Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

May 12, 2026

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]