The U.S. labor market ended 2024 on a high note, with employers adding 256,000 jobs in December. This exceeded expectations and reflected confidence in economic stability. The unemployment rate dropped to 4.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
President Donald Trump is picking from his most loyal supporters as he creates his Cabinet and appoints others to key roles within his administration.
U.S. stocks ended lower but off their lows of the day on Wednesday as the Federal Reserve held interest rates steady as expected and Fed Chair Jerome Powell offered soothing comments on the economy.
The U.S. labor market is at a healthy point, despite the robust payroll growth experienced at the end of the year, Federal Reserve Chair Jerome Powell said Wednesday. Powell said during Wednesday’s ne
The Fed for months has been characterizing the U.S. labor market as easing. Then came the jobs numbers for November and December. Employment jumped by 212,000 in November and 256,000 in December, based on government estimates,
The Federal Reserve is a bit more upbeat about the economy than it was six weeks ago. In its policy statement, released after its two days of discussions, officials described both economic activity and labor market conditions as "solid.
If you want to pay for college without financial aid, start by looking into scholarships and grants Kelly Larsen is an editor at Buy Side from WSJ and expert on home buying, saving for retirement and paying off student loans.
Robert F. Kennedy Jr’s confirmation hearings began Wednesday before the Senate Finance Committee. He appears before the Health, Education, Labor and Pension committee on Thursday. Anti-vaccine advocates are celebrating Kennedy’s committee appearance as a ‘historic’ event The anti-vaccine nonprofit group Kennedy used to lead,
The U.S. Federal Reserve has initiated its every-five-year review of monetary policy strategy, tools and communications to accomplish price stability and maximum employment. Given recent experiences, the Fed should revisit the 2% target for inflation, as well as how quickly and aggressively it addresses accelerating inflation.
The Federal Open Market Committee, the central bank's policymaking body, will conclude a two-day meeting on Wednesday afternoon. A policy decision is due at 2 p.m. ET, followed by a news conference by Fed Chair Jerome Powell at 2:30 p.m. ET.
Trump tries to gut government as federal funding freeze blocked; Musk to ‘go get’ stranded astronauts: Live - More than two million federal workers received a redundancy email titled ‘A Fork in the Ro