News

Trump considers naming Fed Chair replacement early to pressure rate cuts, with Kevin Warsh and Scott Bessent among top ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
U.S. stocks climbed further into record heights after a report showed the U.S. job market looks stronger than Wall Street ...
June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new ...
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The odds of a rate cut at the Federal Reserve’s next meeting evaporated after a resilient jobs report for the month of June ...
The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
U.S. employers added 147,000 jobs in June as the unemployment rate dipped to 4.1%. Job gains were concentrated in health care ...
Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...