Economy

San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens

San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this…

Trump blames Harris, Biden for stock market meltdown after taking credit for past upswing

Republican presidential nominee Donald Trump on Monday blamed Vice President Kamala Harris for the stock market’s dramatic plunge, months after…

Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in…

‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks

Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head…

Jobless rates fall in July for Asian Americans, bucking the overall trend

The unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday…

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

Hiring in the U.S. slowed significantly last month, with information and financial sectors registering job losses. The information services sector…