U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the ...

President-elect Trump's pick for Treasury secretary, Scott Bessent, has said Federal Reserve Chair Jerome Powell will be allowed to finish his term. The Labor Department released new inflation ...

a trend that could lessen the chance that the Federal Reserve will cut its key interest rate much this year. On Wednesday the Labor Department is expected to report that in December the consumer ...

The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a ...

The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up ...

The labor market stayed strong this year despite the Federal Reserve's aggressive interest ... increasing tracking of minors who enter the United States alone, NBC News reported.

The Federal Reserve has three main objectives: maximize employment, stabilize prices, and moderate long-term interest rates. Learn how the Fed’s role has expanded since it was established in 1913.