Economy

Job openings tumbled below 10 million in February for the first time in nearly two years

Job openings fell below 10 million in February for the first time in nearly two years, in a sign that…

Paying more and earning less: How inflation disproportionately hurts women

There’s one group of people that’s being disproportionately hurt by high inflation: women. The relentless rise in prices hurts women…

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…