Economy

Labor costs show surprise decline in the third quarter

The cost of labor unexpectedly declined in the third quarter, providing at least some relief on the inflation front, the…

Fed holds rates steady, upgrades assessment of economic growth

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor…

Private sector payrolls rose 113,000 in October, less than expected, ADP says

Private sector payroll growth increased modestly in October but missed expectations, in a potential sign that the employment picture could…

Here’s everything to expect from the Fed’s policy announcement Wednesday

The Federal Reserve meeting will most likely conclude Wednesday with the central bank not doing a whole lot of anything…