Tech shares on Wall Street took a beating on Thursday after some megacap earnings reports, while the dollar and U.S. bond ...

The Federal Reserve just cut interest rates by a quarter point – the second reduction this year – bringing benchmark rates to a three-year low. Markets should have cheered. Instead, they sold off.

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At 8:45 on a chilly Thursday morning, Karmon Reed, 18, crouched under a set of sinks in a swim club bathroom in Mount Airy, working with a team to winterize the facility. Karmon, who is in the first ...

New York Fed President John Williams supports more interest rate cuts this year, as he sees pressures on labor market conditions as more concerning than a recent uptick in inflation, he said in an ...

PHILADELPHIA — Fed Vice Chair Philip Jefferson Friday said slowing economic growth and a cooling labor market are raising downside risks to employment, while tariffs are nudging inflation higher.

Mortgage rates are based on bonds and bonds take cues from economic data. Employment-related data is particularly important. The monthly jobs report from the Department of Labor is in a league of its ...

The most labor-intensive types of home repair or remodeling work registered the biggest quarterly increases in labor costs. For example, the cost of replacing tile flooring rose 1.2%, while the cost ...

Federal Reserve Vice-chair for Supervision Michelle Bowman reiterated Friday that she believes decisive interest rate cuts are needed to ward off rising trouble in the job market. “Recent data show a ...

Fed Chair Jerome Powell warned of labor market weakness after Fed’s first rate cut in nine months, as futures markets bet on more easing ahead. Federal Reserve Chair Jerome Powell on Tuesday ...

The Federal Reserve announced a quarter-percent cut in interest rates today, causing a surge in the stock market, as the Central Bank's chairman cited concerns about the labor market.Federal Reserve ...