The Federal Reserve has a dual mandate from Congress to keep both inflation and unemployment under control, and recently ...
The latest snapshot of the US labor market nudged the Federal Reserve closer to lowering interest rates later this month, but ...
Fed fund futures trading as of mid-day Friday indicated a nearly 90% chance the central bank would cut by 25 basis points, according to CME FedWatch.
Thomas Simons, U.S. economist at Jefferies, wrote in a commentary that the recovery from October’s strikes and hurricanes ...
Odds of a December interest-rate cut jumped in the wake of Friday’s stronger-than-expected jobs report. Traders are pricing in a 91% chance that the Federal Reserve opts for a quarter-point rate cut ...
Follow along for live updates and analysis on the latest jobs report, released by the Bureau of Labor Statistics. Read the latest on stocks, bonds and other markets, including the Dow Jones Industrial ...
The S&P 500 and Nasdaq Composite closed at new highs Friday after closely watched employment data came in largely as expected ...
CDs have a superpower even the best high-yield savings accounts lack, making them a useful tool when interest rates are ...
Traders in interest rate futures raised the odds that the Federal Reserve will cut the federal funds rate by a quarter point ...
Major U.S. stock indexes were trading mostly higher midday Friday, with the S&P 500 heading for another weekly gain. The S&P ...
The unemployment rate, which edged higher to 4.2%, indicating cooling demand for workers, with long-term joblessness at the ...
Economists polled by FactSet had expected payrolls to expand by around 200,000, a drop from September’s revised 223,000 but ...