Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...

While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency ...

Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.

The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...

The unemployment rate ticked down to 4.1 percent, according to a jobs report released Thursday by the Labor Department, ...

June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new ...

The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...

US employers added 147,000 jobs in June despite Trump's tariffs, federal layoffs and immigration crackdown; unemployment at 4 ...

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...

Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...

The president has been trashing Powell for weeks as the central bank chairman has refused to cut interest rates.