News

U.S. employers added just 73,000 jobs in July and the May and June numbers were revised sharply lower, boosting the chances ...
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...
The Federal Reserve is meeting to discuss interest rates, which could have a trickle-down effect on mortgage rates, credit ...
Trump called for the firing of the Labor statistics official after data earlier showed employers added just 73,000 jobs in July, while job gains for the previous two months were largely erased.
U.S. stocks end lower after Trump ordered a new slate of tariffs and jobs growth slowed more than expected. Amazon drops on ...
The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central ...
Since unemployment was higher than expected and is potentially nearing a cycle high, the CME FedWatch tool reported that bets ...
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...
The U.S. economy had generally been considered in good shape. By Friday afternoon, some experts were predicting a recession.
After nearly four months of relentless gains, Wall Street took a step back, with major indexes finishing the week lower.
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
New York Fed’s John Williams says labor market remains solid, even after unusually large downward revisions to job gains for ...