Hemke warned of a looming recession, anticipating the Federal Reserve will be forced to aggressively cut interest rates.
The headline The economy added 256,000 jobs in December, and the unemployment rate fell a tenth of a percentage point to 4.1% ...
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
The unemployment rate, which is derived from a separate survey, ticked down to 4.1% from 4.2% the prior month. Economists expected the unemployment rate to remain unchanged. Average hourly earnings ...
President-elect Donald Trump should follow the central bank’s lead and put tariffs, deportations and any extra tax cuts on ...
The US bond market is off to a tough start in 2025. This has been reflected in spiking yields, which trade inverse to the ...
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
U.S. hiring grew at a robust pace in December, far exceeding economists' expectations and demonstrating the health of the ...
Federal Reserve policymakers got fresh reasons to hold short-term borrowing costs steady after government data signaled ...
An estimated 72.5 million Social Security recipients will benefit from a 2.5 percent increase in their payments this year thanks to the annual cost-of-living adjustment (COLA).
Explore the impact of the Fed Funds Rate on U.S. monetary policy and how it has evolved post-GFC, shifting focus to IORB and ...