Economy May 08 U.S. employers add a surprisingly strong 115,000 jobs in April, while unemployment remains low The war has caused the biggest disruption of global oil supplies in history, but the conflict hasn't done much damage to the American job market so far.
Economy May 05 U.S. job openings largely unchanged in March despite Iran conflict Employers posted 6.87 million jobs in March, compared to 6.92 million in February, the Labor Department reported Tuesday.
Economy Apr 30 U.S. economy grew 2% from January-March, but Iran war clouds outlook “This is a split-screen economy.”…
Politics Apr 15 As Trump threatened to fire Powell, federal prosecutors showed up unannounced at the Federal Reserve building Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office were turned away on Tuesday by a building contractor and referred to Fed attorneys, according to someone familiar with the visit.
Economy Apr 14 IMF cuts the outlook for global growth in the fallout from from Iran war The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday.
Economy Apr 14 U.S. wholesale prices surged 4% last month during the Iran war The surge in prices complicates the work of the inflation fighters at the Federal Reserve, who have faced intense pressure from President Donald Trump to lower their benchmark interest rate. But some Fed policymakers are inclined to raise rates instead,…
Economy Apr 10 Federal court hears new case against Trump's latest global tariffs The U.S. Court of International Trade, a specialized court in New York, is hearing oral arguments Friday in an attempt to overturn the temporary tariffs President Donald Trump turned to after the Supreme Court in February struck down his preferred…
Economy Apr 03 U.S. employers added a surprisingly strong 178,000 jobs last month, rebounding from a weak February The Labor Department reported Friday that hiring marked a rebound from the loss of 133,000 jobs in February. The job gains were about three times what economists had forecast.
Economy Mar 13 U.S. job openings rise to a better-than-expected 7 million Layoffs fell slightly and the number of Americans quitting their jobs — a sign of confidence in their prospects — slipped modestly.
Economy Mar 13 U.S. economy expands slowly at 0.7% in fourth quarter, downgrading from initial government estimate Growth in gross domestic product — the nation's output of goods and services — was down sharply from 4.4% in last year's third quarter and 3.8% in the second.