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…
Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough…
Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say
The recent U.S. presidential debate saw both candidates trade barbs related to the economy. High pandemic-era inflation was among the…
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…
Financial crimes watchdog removes Turkey from money laundering ‘gray list’
The Financial Action Task Force, an international watchdog organization dedicated to combating money laundering and illicit cash flows, on Friday…
Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are…
Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate…
