Payrolls report Friday likely to show a jobs market that is still hot
The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite…
Sens. Warren, Booker grill failed retailer Bed Bath & Beyond over allegedly denying severance
WASHINGTON — Home goods retailer Bed Bath & Beyond is facing scrutiny from Democratic lawmakers for allegedly evading severance pay…
The job market is still favorable for workers. ‘You’re in a lucky position,’ economist says
The U.S. job market is gradually cooling but remains hot despite a year-long government campaign to reign it in, amounting…
Private sector companies added 497,000 jobs in June, more than double expectations, ADP says
The U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected,…
Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show
Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than…
Americans’ buying power rose for first time since March 2021 amid falling inflation
Workers saw their buying power grow in May for the first time in two years, as inflation continues to fall…
Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’
Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is…
The rich often misjudge the potency of their retirement savings, report finds
Many Americans are mistaken about their financial preparedness for retirement. But overconfidence skews higher for the wealthy than for others,…
Thanks to vesting schedules, it can take up to 6 years for workers to own their 401(k) match
A 401(k) match from an employer is often referred to as “free” money, and therefore one of the best ways…
Here’s what to watch out for in Friday’s jobs report for May
Watching the monthly jobs reports this year has been something of a waiting exercise, with economists and market participants looking…
