This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.

January hiring was narrow. Healthcare (44,000 new jobs), retail (34,000) and government (32,000) together accounted for 77% ...

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.

While the headline number missed estimates, the January jobs report showed signs of strength investors think will keep rates ...

The Labor Department on Friday released its jobs report for January, which showed that the U.S. economy added 143,000 jobs last month, which was below economists' expectations.

The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...

Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...

US stocks firm after the monthly jobs data show the labor market's healthy, likely keeping Fed rates on pause. Amazon's sales outlook is concerning.

Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job ...

Offering new customers 5% AER (4.89% gross, variable) for six months, the account is currently one of the best savings ...