Economy

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in…

Unemployment among Black workers falls in August, bucking trend from other groups

The unemployment rate for Black workers fell in August, according to data released Friday by the Department of Labor. In…

Here’s where the jobs are for August 2024 — in one chart

The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for…

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…

JPMorgan top economist says the Fed should cut rates by a half point this month

The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan’s Michael Feroli.…

Friday’s jobs report for August is going to be huge. Here’s what to expect

Wall Street is gearing up for one of the most important economic releases of the year Friday, when the Labor…

Watch: Donald Trump delivers remarks at the Economic Club of New York

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