Economy Feb 14 What negative interest rates mean for businesses and home buyers 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 Trump's Fed pick faces sharp criticism in Senate hearing 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 U.S. economy added 225,000 jobs in January The unemployment rate rose to 3.6% because a half-million people streamed into the job market in January.
Economy Jan 31 Worker compensation rose at slower rate than in 2018 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 WATCH: Federal Reserve leaves key interest rate unchanged 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 Job openings rise 3.3 percent in October That suggests that businesses remain confident enough in the economic outlook to create more jobs.
Politics Dec 14 AP Fact Check: Trump's impeachment rage, Bloomberg on coal 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 Federal Reserve leaves interest rates unchanged and foresees no moves in 2020 The Fed's decision follows three rate cuts earlier this year.
Nation Dec 09 Former Federal Reserve chairman Paul Volcker dies at age 92 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 U.S. economy adds a robust 266,000 jobs in November 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.