News

President Trump's firing of the BLS director undermines trust in U.S. economic data, increasing uncertainty for investors ...
Bank of America's economists are predicting that the Fed will not cut rates this year, according to the lender's CEO Brian Moynihan.
The number of Americans continuing to file for unemployment benefits has surged to its highest level in nearly four years, ...
Continuing unemployment claims jumped to 1.97 million in late July, according to a Labor Department report, highlighting a weakening labor market.
The number of Americans filing new applications for unemployment benefits ticked up to the highest level in a month last week ...
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...
As Powell explained, the Fed is grappling with conflicting information and heightened uncertainty. Economic growth has slowed ...
U.S. jobless claims rose to 226,000, signaling early labor market weakness. With inflation rising, the Fed faces mounting ...
The number of Americans filing for jobless benefits rose modestly last week, a sign that employers still retaining workers ...
Revisions are a normal part of the jobs report process. After the report comes out, revisions are later released to include additional information not available at the time of the initial release. For ...
Employers' hesitancy to increase hiring means there are fewer jobs for those being laid off. The number of people receiving ...
The Federal Reserve resisted pressure from the White House last week and left its policy rate unchanged. It was the right decision. As Chair Jerome Powell acknowledged, the case for a cut was a ...