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 ...
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 ...
Since early 2023, full-time jobs have flatlined while part-time jobs have grown. Meanwhile, total number of employed workers ...
In the run-up to this year’s presidential election, President Biden, like previous incumbents, would like the Federal Reserve to cut interest rates. It would not only boost financial markets but also ...
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 ...
The dollar fell to a three-week low against the yen on Friday after data showed U.S. jobs growth slowed more than expected in April and annual wage gains cooled, boosting bets that the Federal Reserve ...
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, ...
Friday’s government report showed that last month’s hiring gain was down sharply from the blockbuster increase of 315,000 in March. And it was well below the 233,000 gain that economists had predicted ...