Nation Mar 06

If employers were to start slashing jobs as a consequence of the virius, it could significantly escalate the economic damage.

Economy Feb 28

Federal Reserve Chairman Jerome Powell pledged Friday that the Fed will "use our tools" to support the economy, an effort to ease fears and a strong signal of a likely rate cut, perhaps at its next meeting March 17-18.

Economy Feb 14

Ultra-low rates have helped push up stock markets to record highs, as vanishing returns on safe assets lead to a search for returns elsewhere.

Politics Feb 13

One of President Donald Trump's nominees for the Federal Reserve came under sharp questioning from senators over her unorthodox economic views, including from two Republicans whose doubts about her nomination could imperil it.

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.