Why the US job market has defied rising interest rates and expectations of high unemployment
Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households
September 24, 2023Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households
September 24, 2023The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged
September 28, 2023U.S. applications for unemployment benefits inched up modestly this week after reaching their lowest level in eight months the previous week, as the labor market continues to defy the Federal Reserve’s interest rate hikes meant to cool it
September 28, 2023Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly less affordable housing market
September 28, 2023A global index of stocks bounced back after a nine-day losing streak on Thursday as oil prices fell and U.S.
April 26, 2024By Michael S.
April 26, 2024The U.S.
July 02, 2024A look at the day ahead in U.S. and global markets by Mike Dolan A crude oil price spike to the highest of the year delivered a final blow to an ailing third-quarter for world markets and left forlorn
April 26, 2024By Michael S.
April 26, 2024Wall Street closed out its worst month of the year with more losses
September 29, 2023The S&P 500 ended lower on Friday as investors digested implications of a U.S. inflation report for the Federal Reserve's interest
April 26, 2024U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential extension of the Federal Reserve's restrictive monetary policy and a renewed surge in
April 26, 2024The Federal Reserve held its benchmark overnight interest rate steady at the Sept. 19-20 policy meeting.
April 26, 2024Underlying U.S. inflation moderated in August, with the annual rise in prices excluding food and energy falling below 4.0% for the first time in more than two
April 26, 2024U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%.
April 26, 2024A measure of inflation closely watched by the Federal Reserve has now averaged near the central bank's 2% target for the last three months, another step
April 26, 2024Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor flows hitting their highest
April 26, 2024The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market
April 26, 2024Oil prices pared gains after earlier climbing $1 on Monday, with questions around supply and global demand and ahead of comments from the U.S.
April 26, 2024The U.S. bond market is calling a moment: the age of low interest rates and inflation that began with the 2008 financial crisis has ended. What follows is unclear.
April 26, 2024The S&P 500 ended nearly flat on Monday with utilities falling sharply and investors weighing the likelihood the Federal Reserve will need to hold
April 26, 2024By Howard Schneider YORK, Pa.
July 02, 2024Federal Reserve Vice Chair for Supervision Michael Barr on Monday said the U.S. central bank should proceed "carefully" on monetary policy, adding that his focus is less on how much higher
April 26, 2024Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington
October 02, 2023