Economy

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…

Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting

Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year but said he…

Watch Fed Chair Powell, ECB’s Lagarde speak live at central bank policy forum

[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a…

Euro zone inflation eases to 2.5% as core print misses estimate

Headline inflation in the euro area dipped to 2.5% in June, the European Union’s statistics agency said Tuesday, while the…

A new index is using AI tools to measure U.S. economic growth in a broader way

Measuring the strength of the sprawling U.S. economy is no easy task, so one firm is sending artificial intelligence in…