Breaking News: Economy

Private payrolls rose by 242,000 in February, better than expected, ADP says

Companies added jobs at a brisk pace in February as the U.S. labor market kept humming, payroll services firm ADP…

Job openings declined in January but still far outnumber available workers

Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to…

Just like that: Market pricing swings back to quarter-point Fed rate hike

It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark…

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest…

Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its…

One of the best ways to figure out what the Fed will do next is to look at regional bank stocks

Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding…

Long-awaited Fed digital payment system to launch in July

The Federal Reserve’s digital payments system, which it promises will help speed up the way money moves, will debut in…