Cooling: U.S. labor cost growth cooled last quarter from a year earlier, reassuring Federal Reserve policymakers that wage pressures are gradually diminishing and no longer a key driver of inflation.
US stocks closed lower Thursday, as the major indexes struggled to build on the previous day's surge amid another round of big bank earnings and a slide in tech stocks. Investors also watched the ...
In 2022 and 2023, following a long period of low interest rates, the US Fed fought the post-pandemic inflation shock with one of the most rapid rate-hiking cycles in history.
Job creation smashed expectations in December, as employers finished the hiring season strong, optimistic about the end of Bidenomics and ...
President Donald Trump will sign an executive order Monday to reinstate service members who were canned from the military for ...
Native-born American employment remains 716,000 below pre-pandemic levels as President Joe Biden leaves office, while foreign-born job numbers have soared since December 2019, Federal Reserve data ...
Beginning in May 2025 -- unless the deadline is extended again -- federal agencies like the Transportation Security ...
As was widely expected, the U.S. Federal Reserve held interest rates at current levels following the conclusion of its latest ...
Bitcoin could top fresh records in the coming days, with prices soaring to as high $130,000 in the coming months, Standard ...
A strategic reserve is a stock of a critical resource that can be released at times of crisis or supply disruptions.