Economy Feb 07

The unemployment rate rose to 3.6% because a half-million people streamed into the job market in January.

Economy Jan 31

Total salaries and benefits such as health insurance rose 2.7% in 2019, according to the government’s employment cost index, down from 2.9% in the previous year.

Economy Jan 29

The central bank was widely expected to leave its short-term interest rate unchanged. The Fed lowered rates three times last year.

Economy Dec 17

That suggests that businesses remain confident enough in the economic outlook to create more jobs.

Politics Dec 14

As near-certain impeachment closes in on him, President Donald Trump raged at his accusers, the Democrats. In the process, he offered a highly selective account of the testimony of a damning witness and misrepresented the facts of a phone call…

Economy Dec 11

The Fed's decision follows three rate cuts earlier this year.

Nation Dec 09

Volcker took charge of the Fed in August 1979, when the U.S. economy was slipping into the grip of runaway inflation.

Economy Dec 06

The unemployment rate declined to 3.5% from 3.6% in October, matching a half-century low, the Labor Department reported Friday. And wages rose a solid 3.1% in November compared with a year earlier.

Economy Nov 18

Monday’s meeting could fuel concerns that the White House is intensifying public pressure on Jerome Powell -- who was President Donald Trump’s own choice to lead the Fed -- to cut rates more aggressively.

Economy Nov 14

Jerome Powell is one of the few leading public figures urging Congress to reduce the federal government’s annual deficit, which is nearing $1 trillion.