News

Is the Federal Reserve going to cut interest rates this year? It could depend on whether hiring continue to slow and unemployment rises. The July employment report will offer a big clue to Fed ...
Wall Street weighed a tariff reprieve for Mexico, new trade deal with South Korea, and strong earnings from Meta and ...
WASHINGTON (TNND) — The Federal Reserve refused to move on interest rates again, much to President Donald Trump's dismay.
The big focus, then, is on the unemployment rate. "You know, the main number you have to look at now is the unemployment rate," Fed Chair Jerome Powell said Wednesday, after the central bank left a ...
Cohn, a longtime tariff critic, says the economy looks good if you focus on topline data, but people are holding onto jobs ...
Federal Reserve Chair Jerome Powell repeatedly described the labor market as solid and balanced at his press conference on ...
Big rallies for Microsoft and Facebook’s parent company are helping lead stocks back toward more record highs.
U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...
The number of Americans filing new applications for unemployment benefits increased marginally last week, suggesting that the ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Powell’s message to the markets: Given the uncertainties around Donald Trump’s tariffs and their economic impact, there’s no ...