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An anemic July jobs report boosted expectations the Federal Reserve might lower interest rates in September. Trump said the jobs report was "rigged." ...
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.
After nearly four months of relentless gains, Wall Street took a step back, with major indexes finishing the week lower.
O n Friday, the Federal Reserve announced Adriana D. Kugler, a member of its Board of Governors, is resigning early in a move ...
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
President Trump fires Labor Department official over faulty job reports, citing long-term data manipulation under Biden ...
Labor Secretary Lori Chavez-DeRemer said on X that McEntarfer was no longer leading the bureau and that William Wiatrowski, ...
Separately, US President Donald Trump ordered that the commissioner of the US Bureau of Labor Statistics, Erika L. McEntarfer, be fired after data showed employment growth was than expected last month ...
More college graduates are struggling to land their first jobs, and one of the reasons is artificial intelligence.
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...
In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...
As a child, Heidi Barley watched her family pay for groceries with food stamps. As a college student, she dropped out because she couldn’t afford tuition. In her twenties, already scraping by, she was ...
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