US Economy

The resolution of a U.S. port strike is likely to keep global supply chain pressures on a calm footing, allowing […]

WASHINGTON – U.S. job gains increased by the most in six months in September and the unemployment rate fell to

WASHINGTON – U.S. Federal Reserve concerns about a slowing job market were relieved for at least another month when new

WASHINGTON – The U.S. economy likely maintained a moderate pace of job growth in September while the unemployment rate is

WASHINGTON – New orders for U.S.-manufactured goods unexpectedly fell in August, while business spending on equipment appears to have pulled

On Thursday, Austan Goolsbee, the Chicago Federal Reserve President, said retailers and manufacturers had stockpiled about two weeks’ worth of

WASHINGTON – U.S. services sector activity jumped to a 1-1/2-year high in September amid strong growth in new orders, more

WASHINGTON – The number of Americans filing new applications for unemployment benefits rose marginally last week. However, the devastation unleashed

U.S. layoff announcements slipped in September from August’s five-month high but for the year to date have now edged past

WILMINGTON, North Carolina – The U.S. central bank’s fight to return inflation to its 2% target may take longer than

WILMINGTON, North Carolina – Last month, the U.S. central bank’s half-percentage-point interest rate cut was an acknowledgment that its policy

WASHINGTON – U.S. private payrolls increased more than expected in September, boosted by hiring in the construction, leisure, and hospitality

NEW YORK – Inflows into Federal Reserve liquidity tools eased on the first day of the new quarter. However, some

WASHINGTON – U.S. construction spending unexpectedly fell in August amid a sharp drop in outlays on single-family housing projects, but

NASHVILLE, Tennessee – The COVID-19 pandemic’s crushing blow to global supply chains also scarred U.S. Federal Reserve officials who thought

WASHINGTON – U.S. job openings unexpectedly increased in August after two straight monthly decreases. However, hiring was soft and consistent

WASHINGTON – U.S. manufacturing held steady at weaker levels in September. However, new orders improved and prices paid for inputs

NASHVILLE, Tennessee – On Monday, Raphael Bostic, the Atlanta Federal Reserve President, said he would be open to another half-percentage-point

NEW YORK – On Monday, Austan Goolsbee, the Chicago Federal Reserve President, reiterated that he sees a case for extensive

NASHVILLE, Tennessee – Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point

The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its

NASHVILLE, Tennessee – A mistake by the U.S. central bank in setting interest rates during the last phase of its

NEW YORK – The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a

WASHINGTON – Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest