Breaking News: Economy

Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in…

‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks

Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head…

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

Hiring in the U.S. slowed significantly last month, with information and financial sectors registering job losses. The information services sector…

Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%

Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears…

Here’s everything you need to know about Friday’s big jobs report

The U.S. labor market may have cooled some in July, as a gradual slowdown in the economy and Hurricane Beryl…

Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’

If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are…

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to…