Economy

Unemployment rate among Black Americans jumped in March, contrasting overall trends

The unemployment rate among Black Americans jumped in March, according to data released Friday by the Department of Labor. Black…

Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Federal Reserve Governor Michelle Bowman said Friday that it’s possible interest rates may have to move higher to control inflation,…

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

The U.S. labor market surprised economists with its strength once again, adding more than 300,000 jobs in March, with a…

Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%

Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and…

Economist El-Erian says the Fed has turned into a play-by-play commentator

The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief…

Free trade flaws fueled Trump’s rise in 2016 — and the problems remain, top economist says

Decades of trade deficits and a strong dollar created too many “losers” in the U.S. economy who turned to Donald…

‘Biggest mistake’ bond investors may make ahead of Fed rate cuts

Investors may want to stick with fixed income investments — possibly even adding to them — despite the Federal Reserve’s…

Job gains expected again in March. Here are all the things to look for in Friday’s report

The March nonfarm payrolls count likely will indicate hiring continuing at a solid pace, though some weakening foundations of the…