The number of job openings in the U.S. sank to a more than three-year low of 8.1 million in April, another sign the labor market is cooling off as the economy slows.
A company best known for its bitcoin-mining technology is seeing its stock get a huge boost after announcing a deal with a hot private artificial-intelligence company.
President Joe Biden expressed confidence that the U.S. economy can prevail in any competition with its chief global rival, China, in an interview with Time magazine Tuesday.