The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...
The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.
Many experts expect public anger over inflation to enable Republicans to regain a majority in the US House of Representatives and maybe the Senate in next week’s midterm elections.
Republicans on the House Oversight Committee say the Department of Health and Human Services’ new office dealing with climate change and "health equity" is a taxpayer boondoggle and are demanding to know how the office plans to spend $3 million that the Biden administration is requesting to fund it.
U.S. business activity contracted for the fourth straight month in October, and the economic downturn “gathered significant momentum,” S&P Global said on Monday, while the White House touted low unemployment rates and credited President Joe Biden’s economic agenda for a “historically strong” economic recovery.
As central banks move to quell 40-year high inflation, CEO confidence is at its lowest point since the Great Recession, according to a quarterly poll of...
Inflation from the perspective of business costs—which tend to get passed along to consumers—soared in September, reversing the prior month’s decline and coming in twice as high as markets expected, pointing to a drawn-out Fed fight against high prices.
Former Federal Reserve Chair Ben Bernanke, along with a few other folks, was awarded the Nobel Prize in economics on Monday for his role in deciding how the world handled major crises such as the 2008 recession and the COVID-19 pandemic.
