The U.S. economy added 431,000 jobs in March and the unemployment rate dropped to a pandemic low of 3.6%, the Labor Department announced Friday. While...

In an effort to bring down soaring gasoline prices, President Joe Biden announced a plan Thursday to release 1 million barrels of oil per day from the...

A bill passed by the House Tuesday would allow Americans to put more money into their 401(k) retirement savings accounts and wait longer to start...

Inflation will cost the average American household about $430 per month in lost purchasing power in 2022, according to estimates from Bloomberg...

Reiterating his view that inflation remains unacceptably high, Federal Reserve Chair Jay Powell on Monday signaled that the central bank is ready to...

Former U.S. Treasury Secretary Lawrence Summers has been warning about the dangers of an inflationary spiral in the U.S. economy for more than a year...

The Federal Reserve on Wednesday raised its benchmark short-term interest rate for the first time since 2018, lifting its target for the federal funds...

Rising prices for everything from fuel and food to services and housing sent the 12-month consumer inflation rate soaring to 7.9% in February, the...

As the Biden administration works to promote what it calls its pro-labor agenda, a new analysis by the Treasury Department finds that monopsony power...

The U.S. economy added a robust 678,000 jobs in February, the Bureau of Labor Statistics announced Friday, in a report that showed stronger-than...