Restarting Student Loans Payments Could Be a $40 Billion Hit to the Economy
As part of the debt ceiling deal between House Speaker Kevin McCarthy and President Joe Biden, a pause on student loan repayments that has been in...
As part of the debt ceiling deal between House Speaker Kevin McCarthy and President Joe Biden, a pause on student loan repayments that has been in...
The personal consumption expenditures price index – a measure of inflation closely watched by the Federal Reserve – rose 0.4% in April on a monthly...
The U.S. labor market just won’t quit. Employers added another 253,000 jobs in April, the Bureau of Labor Statistics announced Friday in a report that...
The Federal Reserve on Wednesday raised its benchmark interest rate by 25 basis points and signaled that it may be ready to suspend its rate hike...
The number of job openings in the U.S. fell to 9.59 million at the end of March, declining from an upwardly revised total of 9.97 million in February...
Often described as the Federal Reserve’s favorite measure of inflation, the personal consumption expenditures price index cooled off a bit in March...
The U.S. economy cooled off during the first three months of 2023, as gross domestic product grew at a 1.1% annualized pace, down from the 2.6% pace...
Annual inflation continued to cool last month, falling to its lowest level in nearly two years. The Labor Department said Wednesday that its consumer...
U.S. employers added 236,000 workers and the unemployment rate dropped a tenth of a percentage point to 3.5% last month, the Bureau of Labor...
Battered by the Covid-19 pandemic, the war in Ukraine and stubbornly high inflation, the global economy risks falling into a severe recession...