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

Employers added 147,000 jobs in June, and the unemployment rate ticked down to 4.1 percent, suggesting that tariffs, interest ...

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 Dow and Russell 2000 both joined the S&P 500 and Nasdaq in the green on Thursday, according to Thursday. The S&P 500 gained 51.93 points, or 0.8%, at 6,279.35. The Nasdaq Composite COMP rose by ...

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 ...

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.

The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...