Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in ...
As expenses continue to increase, many Americans turn to credit cards to help bridge the gap. However, credit cards have one of the highest interest rates of any consumer lending product, sometimes ...
WASHINGTON — U.S. hiring picked up unexpectedly in December as employers added a strong 256,000 jobs, another sign of the ...
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
The non-farm payroll data was hotter than expected and compounded by other labor market indicators that say the FOMC won’t cut interest rates this year. The headline figure was more than double the ...
After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...
Progress on bringing down inflation has stalled. Economic activity is robust. And now Friday’s employment report shows the labor market is solid. All of that leads economists at Bank of America to ...