US Economy

Slowly cooling inflation and a U.S. job market that remains strong but at risk of deteriorating give a green light […]

WASHINGTON – The number of Americans filing new applications for unemployment benefits surged last week, partially boosted by Hurricane Helene

Federal Reserve policymakers are seen as likely to deliver a quarter-percentage-point interest-rate cut next month and continue to lower the

WASHINGTON – U.S. consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase

On Wednesday, Mary Daly, the San Francisco Federal Reserve Bank President, said she “fully” supported the U.S. central bank’s half-of-a-percentage-point

On Wednesday, Lorie Logan, the Dallas Federal Reserve Bank President, said she supported last month’s outsized interest-rate cut but wants

WASHINGTON – U.S. wholesale inventories rose less than initially thought in August amid a sharp moderation in the pace of

The interest rate for the most popular U.S. home loan rose to 6.36% last week, marking the biggest weekly increase

WASHINGTON – A “substantial majority” of U.S. Federal Reserve officials last month supported a half-point rate cut to start the

Minutes of the U.S. Federal Reserve’s half-a-percentage-point rate cut last month, to be released on Wednesday may provide a final

NEW YORK – It may not quite be the famous question of Shakespeare’s Hamlet, but it is something very much

WASHINGTON – On Tuesday, the Congressional Budget Office estimated a U.S. federal deficit of $1.834 trillion for fiscal 2024, the

On Tuesday, Philip Jefferson, the Federal Reserve Vice Chair, said the U.S. central bank’s half-percentage-point interest-rate cut last month was

The Federal Reserve’s 50-basis-point interest-rate cut last month was “timely” and was neither reactive nor proactive, Fed Vice Chair Philip

NEW YORK – On Tuesday, Susan Collins, the Federal Reserve Bank of Boston President, said that with inflation trends growing

WASHINGTON – Last week’s jobs numbers confirm the U.S. labor market remains strong even though it may be slowing, with

WASHINGTON – The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could

Federal Reserve Bank of New York President John Williams said it will be appropriate again for the central bank to

FRANKFURT – Fed Governor Adriana Kugler said in Frankfurt on Tuesday that the U.S. jobs market has started to cool

On Tuesday, Federal Reserve Governor Adriana Kugler said she strongly supported the U.S. central bank’s recent interest rate cut and

NEW YORK – On Monday, Alberto Musalem, the Federal Reserve Bank of St. Louis President, said he supports more interest

Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by

On Friday, Austan Goolsbee, the Chicago Federal Reserve President, called the latest U.S. jobs report “superb” and said more labor

A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month’s half-point interest rate