Economy

Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut

Wharton School Professor Jeremy Siegel no longer thinks it’s vital for the Federal Reserve to implement an emergency interest rate…

Trump says he should get a say on Federal Reserve interest rate decisions

Republican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its…

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.…

No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand…

‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks

Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head…

Jobless rates fall in July for Asian Americans, bucking the overall trend

The unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday…

Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%

Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears…

Here’s everything you need to know about Friday’s big jobs report

The U.S. labor market may have cooled some in July, as a gradual slowdown in the economy and Hurricane Beryl…

Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’

If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are…