
Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
Read full article: Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cutPresident Donald Trump is blasting Federal Reserve governors after the board raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation.

New Fed chair Kevin Warsh under pressure to clarify views on inflation, interest rates
Read full article: New Fed chair Kevin Warsh under pressure to clarify views on inflation, interest ratesNew Federal Reserve chair Kevin Warsh has brought sharp change in how the central bank communicates by saying much less than his predecessors about the economy and inflation.

Inflation cooled last month as gas prices fell, though costs remain elevated
Read full article: Inflation cooled last month as gas prices fell, though costs remain elevatedU.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy.

The US job market is strong but many Americans are still frustrated by prospects and rising prices
Read full article: The US job market is strong but many Americans are still frustrated by prospects and rising pricesU.S. employers added a surprising 172,000 jobs in May as the labor market continued to show resilience in the face of rising costs from the Iran war.

US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
Read full article: US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in AprilAmerica’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.

Cracks emerged in a resilient US economy before war in Iran sent oil prices rocketing
Read full article: Cracks emerged in a resilient US economy before war in Iran sent oil prices rocketingNewly released data shows the U.S. economy was already showing signs of strain even before the launch of the Iran war, underscoring the risks that rising energy prices could pose.

US says price increases eased last month but data may be distorted and Americans aren't feeling it
Read full article: US says price increases eased last month but data may be distorted and Americans aren't feeling itU.S. inflation slowed unexpectedly last month according to data that was delayed and likely distorted by the government shutdown.

'No hire' job market leaves unemployed in limbo as threats to economy multiply
Read full article: 'No hire' job market leaves unemployed in limbo as threats to economy multiplyThe unemployment rate is low and the economy is still growing, but those out of work face the slowest pace of hiring in more than a decade.

Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Read full article: Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White HouseBoth Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday at the Fed’s annual economic symposium in Jackson Hole, Wyoming.

US employers add a solid 151,000 jobs last month though unemployment up to 4.1%
Read full article: US employers add a solid 151,000 jobs last month though unemployment up to 4.1%U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.

US added a strong 227,000 jobs in November in bounce-back from October slowdown
Read full article: US added a strong 227,000 jobs in November in bounce-back from October slowdownAmerica’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls.

Fed tackles inflation with its most diverse leadership ever
Read full article: Fed tackles inflation with its most diverse leadership everWhen Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event.

