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...
Topline The economy will be a hot-button topic in Tuesday’s presidential debate, with Vice President Kamala Harris likely to emphasize the Biden administration’s jobs record while...
The August jobs report marked an improvement from the prior month but failed to quell Wall Street’s recession fears, even with the Federal Reserve poised to...
Topline The teetering U.S. labor market grew by less than expected last month, according to a Friday release from the Labor Department, sending a chill through...
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to...
Andreypopov | Istock | Getty Images Wall Street is gearing up for one of the most important economic releases of the year Friday, when the Labor...
(Bloomberg) — US job openings fell in July to the lowest since the start of 2021 and layoffs rose, consistent with other signs of slowing demand...
Fast rise in prices led the Fed to increase its benchmark policy rate from near zero to the highest range in a quarter of a century. United...
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 suggesting that an increasing number of employment opportunities could be the key to winning elections as the recent job crisis, that has seen nearly...
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....
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday. As part of its...