News

US employers added 147,000 jobs in June despite Trump's tariffs, federal layoffs and immigration crackdown; unemployment at 4 ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The odds of a federal debt crisis just got worse. On Thursday, Congress passed the One Big Beautiful Bill, a sweeping piece of legislation that threatens to leave the government with one big, ...
Federal Reserve Chair Jerome Powell is facing growing political pressure over the central bank’s $2.5 billion renovation of ...
The unemployment rate for Gen Z graduates with a master's degree or higher averaged 5.8% in the first half of 2025, up from just 3% in the same six-month span a year earlier, based on data from the St ...
The U.S. Court of Appeals for the Second Circuit in its Wednesday ruling partially reversed the findings of a district court.
The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a ...
The latest labor market data released on Thursday reinforces the central bank’s wait-and-see approach to lowering borrowing ...
The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...
At their annual gathering in the hills of Portugal's Sintra, central bankers this week confronted rising challenges to their ...
Many think interest rates are too high, and a growing chorus of voices is calling on the Fed to cut rates. Are they right?