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.…
Black women are gaining ground in the labor market but still face unique barriers
A decrease in the unemployment rate of Black women is heartening, but labor experts warn that the trend shouldn’t create…
Here’s where the jobs will be during the rolling recessions
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market. “Rolling…
Inflation report due Tuesday has the potential to deliver some bad news
Just as Federal Reserve officials have grown optimistic that inflation is cooling, news could come countering that narrative. All market…
U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says
U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer…
