Job Growth Stays Strong, but Unemployment Rate Creeps Higher
Employers added 275,000 jobs in February, handily beating expectations as the labor market notched its 38th consecutive month of growth, the...
Powell Says Fed in No Rush to Cut Rates
Federal Reserve Chair Jerome Powell told lawmakers Wednesday that the continued strength of the U.S. economy means that central bank officials can...
Inflation Cools Again, but Not as Much as Expected
Inflation was a bit hotter than expected in January, as consumer prices rose 3.1% on an annual basis, according to Labor Department data released...
Biden Touts a Jobs Boom After Another Stunningly Strong Report
A U.S. labor market that just won’t quit turned in another strong performance in January, once again defying expectations of a slowdown as employers...
Fed Not Declaring Victory Yet in Battle Against Inflation
The Federal Reserve announced Wednesday that it is maintaining its benchmark interest rate in a range between 5.25% and 5.5%, where it has stood since...
Defying Expectations, US Economy Surged at End of 2023
The U.S. economy grew at a robust 3.3% annual rate in the final quarter of 2023, according to government data released Thursday, pushing the growth...
As Consumer Sentiment Surges, Are the Bad Vibes Healing?
It looks like ordinary Americans are finally starting to feel a little better about what economists say is a strong economy. Consumer sentiment surged...
Yellen Calls a ‘Soft Landing’ for the Economy
U.S. employers added 216,000 jobs in the final month of 2023, the Labor Department reported Friday, capping off an extraordinary year of growth that...
Rate Hikes Probably Done, Fed Officials Say
At their final meeting of 2023 last month, members of the Federal Open Market Committee signaled that they thought the central bank’s campaign of...
It’s the Economy, Stupid? Top U.S. Priorities in 2024
Americans are becoming more concerned about immigration and U.S. involvement overseas, but the economy remains the number one issue overall for voters...