Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.

A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
Gas station chains led by Buc-ee's are coming closer to rivaling America's big box stores in size, and Dolly Parton is getting in on the retail trend.
Microsoft is the latest tech company to form a business focused on helping customers understand and implement artificial intelligence.
The growing list of companies that will match contributions to Trump Accounts for their employees now includes Goldman Sachs and Morgan Stanley.
Jersey Mike's has nearly 3,300 locations, making it the second-largest hoagie sandwich chain in the U.S. behind Subway.
Gen Z defines the American Dream as having financial stability and being happy. Marriage could help them reach both of those goals, but many aren't sold on it.
Paul Rabil told CNBC he's banking on the 2028 Los Angeles Summer Games, where lacrosse will return as an Olympic sport, to shine a spotlight on the PLL.
AutoCamp offers Airstream suites, polished cabins, fire pits, design-forward amenities and access to iconic outdoor destinations.
Despite record beef prices, Americans aren't giving up steak. Consumers are treating beef as an affordable luxury and prioritizing it for special occasions.
Defense tech startups are raising record amounts on both sides of the Atlantic amid a flurry of investment in the sector.
The Financial Exploitation Prevention Act of 2025 is aimed at preventing adults age 65 or older or those with disabilities from losing their money to fraud.
Ford said its EV sales fell by 40.7% during the quarter compared with a year earlier, while sales of its F-Series trucks, including the F-150, declined 11%.
The Treasury Department said the investment lineup for Trump Accounts includes ETFs from State Street, BlackRock and Vanguard.
Rivian is increasing its delivery outlook to between 65,000 and 70,000 EVs, up from 62,000 to 67,000 units.
Electrification secured $2.4 billion in data center equipment orders during the first quarter of 2026, beating the segment's total for all of 2025.
Meta appears poised to enter the cloud computing market in an effort to monetize its massive AI infrastructure.
A large share of U.S. households have no exposure to equities and have not benefited from the bull market.
Ford reports it assembled over 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.
Global personal wealth surged by 10.8% in 2025, the biggest jump since 2017, according to UBS.
Vlad Tenev spoke about the potential of AI agents in trading in an interview with CNBC.
The Biden White House's lofty expectations for its loan forgiveness efforts inadvertently damaged the financial situation of many student loan borrowers.
Trump said in June that the U.S. taking an ownership stake in AI giants would be "a beautiful thing" and make American public "partners in this revolution."
Prediction market volume has grown exponentially but several markets never make it over $10,000.