U.S. economy added 353,000 jobs in January, much better than expected
Job growth posted a surprisingly strong increase in January, demonstrating again that the U.S. labor market is solid and poised…
Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’
LONDON — The Bank of England held interest rates steady at 5.25% on Thursday, with the announcement detailing the very divided…
Euro zone inflation eases as expected, but core figures disappoint
Euro zone headline inflation eased slightly in January, flash figures published by the European Union’s statistics agency showed Thursday, while…
Fed holds rates steady, indicates it is not ready to start cutting
WASHINGTON — The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made…
Bank of England could be about to open the door to interest rate cuts
LONDON — The Bank of England is widely expected to hold interest rates steady at 5.25% on Thursday, but market…
A change to this one clause could be the most important part of the Fed meeting
Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small…
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…
Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure
Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…
Workers are paying to get part of their paychecks early. It’s ‘payday lending on steroids,’ one expert says
Millions of American workers are paying for early access to their paychecks. In some cases, it can come with a…
Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago
An important inflation gauge released Friday showed that the rate of price increases cooled as 2023 came to a close.…
