Fed’s Goolsbee sees ‘golden path’ to lower inflation without a recession
Chicago Federal Reserve President Austan Goolsbee said Friday he’s confident inflation can be tamed without a recession, even with additional…
The unemployment rate among Black workers increased in June for the second month in a row
The overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to…
Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles
Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market. Nonfarm payrolls…
Payrolls report Friday likely to show a jobs market that is still hot
The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite…
Job openings fall by half a million
There were about half a million fewer job openings in May than the previous month, providing at least a modest…
Private sector companies added 497,000 jobs in June, more than double expectations, ADP says
The U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected,…
Inflation blame game: UK economic woes set government and central bank on a collision course
LONDON — In January, with one eye on a critical general election in 2024, U.K. Prime Minister Rishi Sunak vowed…
LGBTQ small business owners struggle to find financing
It’s not an easy time to be a small business in search of financing. For LGBTQ owners, the struggle has…
Key Fed inflation measure shows prices rose just 0.3% in May
Inflation pressures eased slightly in May as consumer spending slowed considerably, according to a Commerce Department report released Friday. The…
First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision
The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought, according to a big upward revision…
