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Although various surveys of the labor market have shown steady gains, some other data indicates a more pronounced slowdown.
WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of ...
A roundup of current U.S. domestic news highlights Trump's criticism of Fed Chair Powell over interest rates, the expansion ...
The headline The economy added 73,000 jobs in July and the unemployment rate rose a tenth of a percentage point to 4.2%, the Bureau of Labor Statistics reported Friday. Investors had expected roughly ...
U.S. employers added 73,000 jobs in July, lower than expected, while the unemployment rate ticked higher to 4.2%.
US job growth missed expectations in July, government data showed Friday, while revisions to hiring figures in recent months brought them to the weakest levels since the Covid-19 pandemic. The US ...
The two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said ...
Traders in the federal-funds futures market were pricing in on Friday a greater chance that the Federal Reserve cuts its benchmark interest rate in September, as they assessed a softer-than-expected U ...
U.S. President Donald Trump on Friday urged the Federal Reserve board to assume control if Fed Chair Jerome Powell continues ...
Bowman and Waller explained their dissents against the Fed's hold-steady move in separate statements Friday morning. The Trump appointees' votes in favor of rate cuts marked the first time that two ...
President Trump said in a social media post Friday that the Federal Reserve Board should 'ASSUME CONTROL' as two Fed governors outlined why they broke with Chairman Jerome Powell on rates.
The crypto market saw over $150 billion in market value wiped out in a day, falling from $3.89 trillion to $3.74 trillion.