The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.

Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.

The Fed prioritizes shrinking its balance sheet over rate cuts to fight inflation. See why its disciplined approach supports growth, jobs, and long-term stability.

Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...

Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s ...

The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...

The Dow and Russell 2000 both joined the S&P 500 and Nasdaq in the green on Thursday, according to Thursday. The S&P 500 gained 51.93 points, or 0.8%, at 6,279.35. The Nasdaq Composite COMP rose by ...

June‘s job growth was hailed in the media as proof of a strong economy. Except there‘s a problem: fully half of these new ...

The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...

The president has been trashing Powell for weeks as the central bank chairman has refused to cut interest rates.