January jobs report expected to show hiring slowed, unemployment rate held steady to start 2025
The January jobs report is expected to show hiring slowed to start 2025 while the unemployment rate was flat. The Bureau of ...
Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and ...
Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
New York Post on MSN3h
US adds 143K jobs in January in hiring slowdown; unemployment drops to 4%
US employers added 143,000 jobs in January and the unemployment rate dipped slightly, according to the Labor Department — ...
EUR/USD Weekly Forecast: US trade war and Powell’s testimony in the eye of the storm
The European Union (EU) published the preliminary estimate of the January Harmonized Index of Consumer Prices (HICP), which rose by 2.5% YoY, as expected. The core annual reading, however, posted 2.7% ...
News Highlights: Top Global Markets News of the Day - Thursday at 9 PM ET
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day. Was the U.S. jobs market much weaker than it ...
Business Times17h
US initial jobless claims pick up, still near pre-Covid levels
INITIAL applications for US unemployment benefits picked up last week but remained relatively subdued. Read more at The ...
Treasury Secretary Bessent Says He Had Constructive Meeting With Fed's Powell
US Treasury Secretary Scott Bessent says he had a constructive first meeting with Federal Reserve Chair Jerome Powell. Bessent says he's sure Powell will "do the right thing" when it comes to monetary ...
Unemployment claims in Massachusetts declined last week
Here's a look at how weekly unemployment claims changed in Massachusetts last week compared with the week prior.
Unemployment claims in Michigan declined last week
Initial filings for unemployment benefits in Michigan dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to 7,866 ...