Economy

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September

Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…

Inflation falls 0.1% in June from prior month, helping case for lower rates

The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…

UK economy returns to growth in May, beating expectations as British pound hits four-month high

LONDON — The U.K. economy grew by 0.4% in May, flash figures published by the Office for National Statistics showed…

Key inflation report looms on Thursday as traders grow more confident in Fed rate cut

A widely anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming…

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize…

Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups

The unemployment rate for women in white, Black and Hispanic racial groups rose in June in line with the overall…

Here’s where the jobs are for June — in one chart

The breakdown of the June jobs report suggests that growth has become increasingly uneven as the labor market shows signs…

U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%

The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department…

Friday’s jobs report expected to show slowing payroll gains as concern rises about broader economy

With signs building that the labor market is at least slowing if not something worse, the June nonfarm payrolls report…

Private payrolls grew by just 150,000 in June, less than expected

Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in…