The federal government and its central bank, the Federal Reserve, are legally required to promote maximum, or full, employment but the law doesn’t define what that...
U.S. stocks are on the move this morning as markets react to comments from Federal Reserve Governors Michelle W. Bowman and Adriana Kugler. Investors are looking...
Check back for updates throughout the trading day U.S. equity futures bumped higher again Tuesday, with Treasury yields adding to recent gains and the dollar holding...
S&P Global’s flash US composite PMI came in at 54.4 in September, down from 54.6 in August. Economists had expected the index, which captures activity in...
Federal Reserve of Minneapolis president Neel Kashkari believes there should be, and will be, further interest rate cuts in 2024. In an essay explaining his support...
(Bloomberg) — Corporate borrowers are storming debt markets on Monday following the Federal Reserve’s decision last week to begin lowering its benchmark interest rate, pushing borrowing...
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -U.S. Federal Reserve policymakers said on Monday their large half-point rate cut last week was meant to try...
The rate cut that everyone was waiting for finally arrived. Markets offered a resoundingly positive response to the end of the Federal Reserve’s tightening campaign. But...
STORY: The S&P 500 closed at a record high on Thursday as Wall Street rallied one day after the Federal Reserve cut interest rates by an...
Wall Street soared on Thursday with the Dow and S&P 500 closing at all-time highs — a day after the Federal Reserve kicked off its easing...
US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an easing of...
Federal Reserve Chairman Jerome Powell blamed the migrant crisis for the nation’s growing unemployment after cutting the benchmark interest rate by 0.5 percentage point on Wednesday...