The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price ...

A worse-than-expected jobs report on Friday offered the latest evidence of an economic slowdown that could help ease ...

Wage growth and hiring slowed in April, prodding investors to slightly increase their bets on rate cuts this year.

Evidence that the US labor market is finally softening in response to the Federal Reserve’s interest-rate increases revived bets that the central bank will begin lowering rates by the end of the year.

Friday brought a breath of fresh air for the U.S. stock market, making it a standout performer. The markets soared, driven by ...

Annual unemployment rate of 3.9% was up slightly, and the number of unemployed workers remained at 6.5 million.

In the run-up to this year’s presidential election, President Biden, like previous incumbents, would like the Federal Reserve to cut interest rates. It would not only boost financial markets but also ...

US job growth slowed more than expected in April and the increase in annual wages fell below 4.0% for the first time in ...

By Andreas Charalambous and Omiros Pissarides Following successive interest rate hikes and the policy of gradual quantitative ...

US job growth was markedly below analyst expectations in April while unemployment crept up, government data showed on Friday, ...

U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of ...

Since early 2023, full-time jobs have flatlined while part-time jobs have grown. Meanwhile, total number of employed workers ...