Federal Reserve Chair Jerome Powell spoke less frequently with outgoing Treasury Secretary Steven Mnuchin in December than in any month since the coronavirus crisis began, Powell's calendar published ...

The way Federal Reserve Chair Jerome Powell sees it, the U.S. labor market has a long way to go to meet the central bank's maximum employment goal and a lot of boxes to tick along the way.

Several firms have sought to fill a void in the absence of federal data, and most estimates indicate a loosening labor market ...

That value was revised upwards by 50 bps from the second estimate from stronger consumer services (mainly transportation ...

For many leaders in this ranking, the changes in course brought out their creativity, problem-solving skills and ability to ...

Treasury Secretary Scott Bessent will remain in his role as IRS commissioner, with a new official to be announced as his top ...

The CBO reported that about 750,000 federal employees, or roughly a third of the federal workforce, will be furloughed during ...

That's not to say Wall Street and the Federal Reserve are flying blind. They're not. The September employment report was unlikely to bring good news, based on a variety of other public and private ...

The consequences of the current federal government shutdown hinge on how long it lasts. If it lasts long time, it could send ...

Stock markets around the world leaped to new highs on Thursday, propelled by optimism around the AI boom and hopes for ...

Uncertainty, a stumbling labor market and major structural problems are all weighing down the economy. And Fed rate cuts may ...

The partial government shutdown may leave the Fed without its usual snapshot of the labor market at a critical moment.