It’s the U.S., not Europe’s banking system that’s a concern, top economists say
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in…
Key Fed inflation gauge rose 0.3% in February, less than expected
An inflation gauge the Federal Reserve follows closely rose slightly less than anticipated in February, providing some hope that interest…
Jobless claims edge up to 198,000, higher than expected
Initial filings for unemployment insurance ticked higher last week but remained generally low in a tight labor market. Jobless claims…
BlackRock warns that investors are making a mistake by betting on the Fed to cut rates
Investors are too confident the Federal Reserve will cut interest rates this year and could pay the price later, according…
Fed poised to approve quarter-point rate hike this week, despite market turmoil
Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate…
One year after the first rate hike, the Fed stands at policy crossroads
The Federal Reserve is one year down its rate-hiking path, and in some ways it’s both closer and further away…
Payrolls rose 311,000 in February, more than expected, showing solid growth
Job creation decelerated in February but was still stronger than expected despite the Federal Reserve’s efforts to slow the economy…
European Central Bank hikes rates despite market mayhem, pledges support if needed
The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…
Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their biggest gain since July…
Here’s where the jobs are for January 2023 — in one chart
The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment.…
