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.
World Jun 29 Sri Lanka faces humanitarian crisis and is dependent on aid Sri Lanka’s economy, which a few years ago enjoyed strong growth that provided jobs and financial security, is now in a state of collapse, dependent on aid from India and other countries as its leaders desperately try to negotiate a…
Economy May 06 U.S. job market extends hiring streak with 428,000 jobs in April despite surging inflation America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
Economy Apr 19 Treasury Secretary Yellen, other finance leaders urge to boost fight against global food insecurity Treasury Secretary Janet Yellen has urged world finance leaders to "get concrete" as they look for ways to combat a looming crisis over food insecurity around the global that Russia's war in Ukraine has made worse.
Economy Apr 15 Biden nominates Michael Barr as Federal Reserve vice chair President Joe Biden says he plans to nominate Michael Barr to be the Federal Reserve's vice chairman of supervision.