Fewer Americans apply for jobless benefits last week as labor market shows continued strength
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.
Labor Market Is ‘in Balance,’ Fed’s Powell Says
The U.S. labor market is at a healthy point, despite the robust payroll growth experienced at the end of the year, Federal Reserve Chair Jerome Powell said Wednesday. Powell said during Wednesday’s ne
Federal Reserve keeps interest rates unchanged, defies Trump
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,
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White House collects lists of federal DEI office employees as punishments begin
Agencies are starting to take action against DEI-tasked employees and pass lists of those workers on to OPM and the White House.
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Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty
The Federal Reserve kept its benchmark interest rate unchanged at 4.25% to 4.50%, signaling a wait-and-see approach amid strong economic growth and moderating inflation. Fed Chair Jerome Powell emphasized that policymakers are "not on any preset course,
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Federal Reserve decides not to cut interest rates, minutes released
The Fed just hit the brakes again. No rate cuts. No policy pivot. Minutes from their Jan. 28-29 meeting reveal they’re sticking to the 4.25% to 4.50% federal funds rate. Why? Inflation’s still hanging around.
US labor market stays on solid footing early in the year
The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week.
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Marginal Rise in Unemployment Claims Amid Labor Market Stability
The number of Americans filing for unemployment benefits rose slightly last week, yet labor market conditions remain stable. The Federal Reserve is expected to maintain interest rates due to minimal stress in job markets.
Fed's statement tweaks are a 'more hawkish' way of saying things
A pair of language changes in the Federal Reserve's policy statement is setting the tone in markets, pushing up Treasury yields and the dollar and putting pressure on stocks. At the top of the list, t
Trump wants federal workers back at their desks. Why that may be harder than it sounds
It was no surprise when President Donald Trump this week issued a memorandum to the heads of federal departments and agencies, essentially directing them to get their employees back to the office full-time.
Mexican Peso dives as Trump tariffs comments boost US Dollar
The Mexican Peso (MXN) erased its earlier gain after US President Donald Trump stated that he would impose 25% tariffs on Canada and Mexico due to Fentanyl. The USD/MXN trades at 20.74, up 1.17%.
Conspiracies, espionage, an enemies list: Takeaways from a wild day of confirmation hearings
President Donald Trump's most controversial Cabinet nominees have flooded the zone Thursday in back-to-back-to-back confirmation hearings.