US stocks rose on Powell’s remarks, with all three major indices on Wall Street up sharply at around 10am local time in Washington (1400 GMT). The...
Economists are divided on the extent of the rate cuts that the US Federal Reserve should undertake this year in light of the latest employment data....
Topline The economy will be a hot-button topic during this week’s Democratic National Convention, with Democrats likely to emphasize the U.S.’ strong recovery during President Joe...
WASHINGTON — Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might...
WASHINGTON — The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high...
Year-over-year inflation in the United States reached its lowest level in more than three years in July, the latest sign that the worst price spike in four...
WASHINGTON — Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to...
The unexpected rise in the unemployment rate in the United States has left economists divided: Is the US on the brink of a recession or not?...
Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 fell...
The increase in the unemployment rate from 4.1 per cent in June marked the fourth straight monthly increase 4 min read Last Updated : Aug 02...
NEW YORK — Stocks are tumbling Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation....
WASHINGTON — The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight month with...