The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market.
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further reinforcing the Federal Reserve's cautious approach to cutting interest rates this year.
President–elect Donald Trump’s plans to shrink the federal workforce would have disparate impacts on Black employment, while potentially eroding a key conduit to economic mobility that many Black families have relied on for generations.
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month.
The Labor Department's Friday release of December employment data showed a strong finish to the year for hirings, surpassing expectations and highlighting the resilience of the U.S. labor market. Sam Williamson,
The Federal Reserve is the central bank of the United States and the anchor of the ... said it was lowering the target range, citing "labor market conditions have generally eased, and the ...
Could the Federal Reserve be done cutting rates already? Some on Wall Street certainly think so. Market-implied odds that there will be no further rate cuts in 2025 have been climbing, and were given a boost on Tuesday by two strong economic readings.
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July
In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas and natural gas prices, but electricity prices increased 6.2% in the past year.
Although the 1993 federal Family and Medical Leave ... "Chances of Disability." United States Department of Labor. "What's the Difference?" Page 1. American Pregnancy Association.
The Federal Reserve will soon begin its quinquennial review of the monetary policy strategy, tools and communications employed to fulfill its congressional mandate.
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.