Economy Oct 09 WATCH: 2008 recession-era Fed Chair Bernanke and 2 other economists share Nobel Prize Douglas W. Diamond, Philip H. Dybvig and former U.S. Federal Reserve Chair Ben Bernanke were recognized Monday for their research into the fallout from bank failures.
Economy Oct 07 Solid U.S. hiring in September could mean more big Fed hikes America's employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation. Hiring fell from 315,000 in…
Economy Aug 26 Inflation eased in July as consumer prices and income rose Inflation eased last month as energy prices tumbled, according to a report closely watched by the Federal Reserve.
Economy Aug 17 July retail sales were flat, as customers weather inflation The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.
Economy Aug 05 U.S. employers added 528,000 jobs, and unemployment falls to 3.5 percent Most economists believe the strong jobs market has kept the economy from slipping into a downturn.
Economy Aug 05 With recession anxiety growing, hiring may be cooling off The unemployment rate is expected to remain at 3.6% — just off a 50-year low — for the fifth consecutive month.
Economy Jul 28 U.S. economy shrinks for 2nd straight quarter The United States economy contracted at a 0.9% annual pace last quarter, raising fears that the nation may be approaching a recession.
Economy Jul 13 Why the U.S. inflation surge is accelerating, and when it may ease Inflation's relentless surge didn't merely persist in June. It accelerated. For the 12 months ending in June, the government's consumer price index rocketed 9.1 percent, the fastest year-over-year jump since 1981.
Economy Jun 30 Inflation remains at 6.3 percent, Federal Reserve report shows A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.
Economy Jun 29 ‘No guarantee’ Fed can tame inflation without hurting employment, Powell warns Federal Reserve Chair Jerome Powell said there's "no guarantee" the central bank can tame runaway inflation without hurting the job market.