News

Jobs report shows 147,000 new hires in June. Bigger-than-expected gain to keep Fed from cutting interest rates soon.
The U.S. added a decent 147,000 jobs in June that pointed to resilience in the labor market, but the pace of hiring has ...
Traders pare bets on Fed rate cuts after jobs report
A still-strong job market will keep the Federal Reserve from cutting interest rates until September, and from delivering more ...
The Labor Market Puts Pressure on the Fed to Act Sooner Than Later
“Foreign-born workers accounted for four fifths of labor force growth between early 2020 and early 2025,” Adams said.
Biggest US Banks Boost Payouts After Lighter Fed Stress Test
Wall Street’s largest lenders boosted their dividends after passing this year’s Federal Reserve stress tests, a hurdle that ...
Fed independence, US rule of law at risk, UBS reserve managers survey says
Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...
Fed Versus Trump on Tariffs Impact Will Soon Be Put to Test
It’s a widely held belief among economists that President Donald Trump’s tariffs will boost inflation notably over the next ...
Fed Officials Could Be Split On Whether To Cut Interest Rates In July
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...
US Fed bank supervision chief takes buyout, email says
Michael Gibson, director of the U.S. Federal Reserve's supervision and regulation division, has accepted a voluntary buyout ...