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Weakening US jobs market bolsters dissenting Fed officials' position
Two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said on Friday they did so largely due to rising concerns about the job market, in statements made public right before the release of hiring data that bolstered their position.
6hon MSN
Several senior Federal Reserve officials on Friday characterized the labor market as “solid” even after a poor July jobs ...
President Donald Trump’s acolytes are scrambling to rationalize his decision to fire the nation’s top labor statistician ...
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Concerns over US economic growth have taken center stage despite a solid corporate earnings season from S&P 500 companies.
U.S. employers added just 73,000 jobs in July and the May and June numbers were revised sharply lower, boosting the chances ...
July jobs report misses expectations with 73K jobs added, unemployment at 4.25%. Click here for more information on U.S.
Gold was steady after gaining the most in two months on Friday, as traders weighed the implications of soft jobs data for the ...
After nearly four months of relentless gains, Wall Street took a step back, with major indexes finishing the week lower.
The U.S. government has lost 84,000 jobs since January as the Trump administration aggressively reduces the work force.
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. payrolls grew by just 73,000 last month, well below forecasts, but downward revisions to prior months stunned Wall ...
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