Politics Jun 22 WATCH: Fed Chair Jerome Powell reinforces likelihood of more rate hikes Chair Jerome Powell reiterated Thursday that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy's service sector and the surprisingly tight job market.
Nation May 23 UPS strike looms in a world increasingly reliant on delivery services UPS delivers millions more packages every day than it did just five years ago and its 350,000 unionized workers, represented by the Teamsters, still seethe about a contract they feel was forced on them in 2018.
Economy Apr 27 Unemployment claims keep falling as labor market remains strong Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy.
Economy Apr 14 Wall Street holds steady a biggest banks post strong first-quarter profits Wall Street held steady in premarket trading Friday as some of the nation's biggest banks posted strong first-quarter profits one day after markets surged on reports of slowing inflation.
Nation Mar 16 Fewer Americans apply for unemployment aid last week as layoffs remain low Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool the economy and tamp down inflation.
Economy Mar 09 Applications for U.S. jobless aid rise by the most in 5 months, layoffs stay historically low The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor market continues to be largely unaffected by the Federal Reserve's interest rate hikes.
Politics Mar 02 Jobless claims fall for 3rd straight week, raises specter of more interest rate hikes The number of people applying for unemployment benefits in the U.S. fell for third straight week.
Economy Jan 05 U.S. jobless claim applications fall to lowest in 14 weeks The number of Americans applying for jobless benefits fell to the lowest level in more than three months last week, reflecting a still-robust job market despite the Federal Reserve's efforts to cool the economy and bring down decades-high inflation.
Economy Dec 01 Average long-term U.S. mortgage rates fall for a third week in a row The average long-term U.S. mortgage rate ticked down for the third week in a row and have fallen more than a half-point since hitting a 20-year high less than a month ago.
Economy Dec 01 Applications for jobless benefits fall, suggests labor market unaffected by interest rate hikes The number of Americans applying for unemployment benefits came back down last week and continue to hover around levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve's aggressive interest rate hikes.