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EPI chief economist Josh Bivens posited that if the U.S. enters a recession in the coming months, the “rapid ...
The Bureau of Labor Statistics said U.S. companies added fewer than half the number of new jobs created in June.
A federal judge ruled on Thursday against the Trump administration’s plans to end Temporary Protected Status for 60,000 ...
Gold dropped to a new monthly low below $3,300 but then rebounded sharply after weak US NFP data. The near-term technical ...
K, 77K forecast, -23K previous. US Core PCE Prices (Q2): 2.5%, 2.4% forecast, 3.5% previous. US GDP (QoQ) (Q2): 3.0%, 2.5% forecast, -0.5% previous.
Wednesday brought another incremental increase in the level and importance of the calendar events with the power to create ...
For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates ...
In a post on his Truth Social network, Trump hailed the 3 per cent growth figure as “WAY BETTER THAN EXPECTED!” and called on Fed chair Jay Powell to reduce interest rates. Treasury yields and the US ...
After a quarter of contraction and political pressure mounting, the U.S. economy's surprise second-quarter growth and a sharp ...
Trump and other White House officials are pushing for a significant reduction in interest rates, putting pressure on Powell, who is only a single vote on the FOMC.
Private payrolls and GDP showed signs of a rebound, but the underlying trend still points to a slowing labor market.
The FOMC meeting is being considered for public access, as it is currently held behind closed doors and preceded by a ...
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