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Watch Fed Chair Jerome Powell testify live before Senate banking panel

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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…

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…

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…

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…