Private payrolls rose by 145,000 in March, well below expectations, ADP says
Private sector hiring decelerated in March, flashing another potential sign that U.S. economic growth is heading for a sharp slowdown…
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…
San Francisco Fed leader Daly likely not a major player in SVB saga, officials say
San Francisco Fed President Mary Daly, whose district saw the second-largest bank failure in U.S. history and who has become…
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…
Fed’s Barr calls Silicon Valley Bank failure a ‘textbook case of mismanagement’
The Federal Reserve’s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement,…
Nearly $100 billion in deposits pulled from banks; officials call system ‘sound and resilient’
Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100…
Fed hikes rates by a quarter percentage point, indicates increases are near an end
WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent…
Watch Treasury Secretary Janet Yellen speak live to banking conference
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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…
