Up until just recently, the fear had been that the fastest rate hike campaign in history would cause some economic "pain." But, with all that cash the government provided still finding ways to get ...
The Federal Open Market Committee thinks that confusing everyone completely is good for confidence, that intangible but entirely necessary ingredient for financial stability, writes the Chairman of ...
The European Central Bank is expected to start cutting interest rates in less than a month, while the Federal Reserve is on hold for some time. Even though Fed chair Jay Powell was not as hawkish as ...
A still-dovish Fed gives the RBA some breathing room at its meeting next week but the board is likely to acknowledge that ...
The U.S. labor market exhibited a notable cooldown in April, with both hiring and wage growth decelerating unexpectedly. According to the latest data from the Bureau of Labor Statistics, the economy ...
He noted that the pace of wage gains has substantially moderated, although the descent has been a little bumpy ... Powell was ...
After two days of losses, the US market was back to its winning ways overnight led by Apple ( NASDAQ: AAPL), which posted ...
After two days of losses, the US market was back to its winning ways overnight led by Apple, which posted ...
As of March, the number of employed foreign-born workers set a fresh record high of 31.1 million people, BLS data showed. The ...
ASIAN stocks and US futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected intervention from Japan. Read ...
WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...