The average wage earned by an American worker rose a sharp 0.5% in January, more than twice the typical increase. How come? Most likely because higher minimum wages kicked in in a number of states.
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Even inflation falling close to 2% in the coming months might not necessarily allow the Fed to cut rates soon, Logan said.
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...
Key Takeaways President Donald Trump's hardline border policies and campaign of deportations could have a significant effect ...
A largely listless and flat futures market pushed lower after the latest jobs numbers showed a cooldown in hiring. Dow futures were down 0.1%. S&P 500 futures was down 0.2%, while Nasdaq futures was ...
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