The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension.
"When we came in, it was ‘egg-flation, egg-flation, egg-flation,’" Treasury Secretary Scott Bessent said Oct. 26 on NBC’s ...
Treasury said the mass departure of federal workers, President Trump's immigration policy and artificial intelligence are all impacting the labor market.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's ...
New Jersey voters are electing their next governor in a race that will reveal whether Democrats still have a grip on a state ...
The Federal Reserve’s goal is to keep inflation at or under 2%. Annual inflation rose slightly in September, but not as much ...
Euro-area inflation eased slightly but stayed above 2%, backing the European Central Bank’s decision to keep borrowing costs ...
Childcare prices are growing faster than inflation. To save money, more mothers are leaving their jobs to take over childcare ...