The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.
The U.S. labor market is at a healthy point, despite the robust payroll growth experienced at the end of the year, Federal Reserve Chair Jerome Powell said Wednesday. Powell said during Wednesday’s ne
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,
Agencies are starting to take action against DEI-tasked employees and pass lists of those workers on to OPM and the White House.
The Federal Reserve kept its benchmark interest rate unchanged at 4.25% to 4.50%, signaling a wait-and-see approach amid strong economic growth and moderating inflation. Fed Chair Jerome Powell emphasized that policymakers are "not on any preset course,
The Fed just hit the brakes again. No rate cuts. No policy pivot. Minutes from their Jan. 28-29 meeting reveal they’re sticking to the 4.25% to 4.50% federal funds rate. Why? Inflation’s still hanging around.
The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week.
A pair of language changes in the Federal Reserve's policy statement is setting the tone in markets, pushing up Treasury yields and the dollar and putting pressure on stocks. At the top of the list, t
The number of Americans filing for unemployment benefits rose slightly last week, yet labor market conditions remain stable. The Federal Reserve is expected to maintain interest rates due to minimal stress in job markets.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
President Donald Trump chose from his most loyal supporters when he created his Cabinet and appointed others to key roles within his administration.
President Donald Trump signed the bipartisan Laken Riley Act into law as his administration’s first piece of legislation. People who are in the United States illegally and are accused of theft and violent crimes would have to be detained and potentially deported even before a conviction.