Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...

Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...

Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...

Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The US initial jobless claims data for the week ending February 1 will be released on February 6, 2025, at 7:00 PM IST (8:30 ...

Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...

The four-week moving average of new applications, a metric that helps smooth out fluctuations, ticked up to 216,750, only the ...

Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day. Companies across the country are bleeding ...

Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...

The U.S. economy added fewer jobs in January than economists had forecast, although the jobless rate edged lower.

US Treasury Secretary Scott Bessent says he had a constructive first meeting with Federal Reserve Chair Jerome Powell. Bessent says he's sure Powell will "do the right thing" when it comes to monetary ...