The Federal Reserve is expected to take a very big step toward its first rate hike
The Federal Reserve is expected to announce a dramatic policy shift Wednesday that will clear the way for a first…
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Economy
El-Erian says ‘transitory’ was the ‘worst inflation call in the…
Calling inflation "transitory" was a historically bad move for the Federal Reserve, according to Allianz Chief…
Inflation surged 6.8% in November, even more than expected, to fastest rate since…
Inflation accelerated at its fastest pace since 1982 in November, the Labor Department said Friday, putting…
America’s chronic labor shortage is ‘primary focus’ for Northrop…
WASHINGTON – Northrop Grumman CEO Kathy Warden said the ongoing labor shortage plaguing the nation was a primary…
Jobless claims less than expected as labor market returns to pre-pandemic self
Initial claims for unemployment insurance rose last week but held at levels consistent with how the job market…
Job growth disappoints in November, with a gain of just 210,000, despite high…
The U.S. economy created far fewer jobs than expected in November, in a sign that hiring started to slow even ahead…
Hiring was likely strong and employers boosted wages in November, economists say
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at…
Home price gains slow down for the first time since May 2020
Daniel Acker | Bloomberg | Getty ImagesHome prices are still considerably higher than they were a year ago, when…
Biden hosts CEOs to discuss holiday shopping supply chain issues, inflation
WASHINGTON -- President Joe Biden hosted the CEOs of several major retailers at the White House on Monday to…
The current inflation run is similar to other episodes in history, but with…
A customer's groceries are rung up at a store in San Francisco, California, U.S., on Thursday, Nov. 11, 2021.David…