Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies.

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 ...

U.S. stocks were edging lower on Friday, as investors waited on a monthly jobs number that could help determine if the Federal Reserve has any scope to cut interest rates this year.

Economists are betting that 2025 kicked off with cooler levels of job growth. But overall stable labor conditions should keep ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

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, ...

(GOOGL) - it's largest daily decline in more than a year - can be added to that list. Yet, despite these challenges, the S&P 500 SPX has marched higher. The index rose to 6,061.48 on Wednesday, after ...

More Americans filed unemployment claims last week, but the labor market remains healthy and there are still relatively few layoffs. U.S. applications for jobless benefits rose by 11,000 to 219,000 ...

Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...