The nation's employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market.
Actor Mark Hamill joined the White House press briefing today sporting a pair of President Joe Biden’s trademark aviator sunglasses. Hamill, known for playing Luke Skywalker in the Star Wars movies, ...
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price ...
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than ...
Since early 2023, full-time jobs have flatlined while part-time jobs have grown. Meanwhile, total number of employed workers has flatlined, too.
He has also expressed disappointment that inflation is proving more resilient to the Fed’s interest rate hikes than had been ...
But at 3.5 hires per 100 current employees, the anemic rate of onboarding is closer to what the US experienced a decade ago during the long “jobless recovery” from the global financial crisis — an ...
Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs ...
The average long-term U.S. mortgage rate climbed last week to its highest level since late November, another setback for home shoppers in what's traditionally the housing market's ...
There is plenty of scope for material worsening of financial conditions if the macro and geopolitical outlooks deteriorate, Capital Economics said.