U.S. Treasury Secretary Janet Yellen speaks during a press conference after attending the G7 Treasury Ministers meeting at Winfield House in London, Britain, Dec.Justin Tallis | RütersUS Treasury Secretary Janet Yellen said President Joe Biden's $ 4 trillion...
Federal Reserve Chairman Jerome PowellKevin Lamarque | ReutersFederal Reserve Chairman Jerome Powell said Friday that climate change is not a primary consideration for the central bank when formulating monetary policy.Speaking to a panel of his global colleagues, the...
Job creation disappointed again in May, with a spike in non-farm payrolls that would normally be viewed as a solid 559,000 but still falls short of high expectations, the Labor Department reported Friday.According to economists polled by Dow Jones,...
A Wanted Help sign is posted on a taco stand in Solana Beach, California.Mike Blake | ReutersThe number of new hires improved in May, but 559,000 new jobs are not enough to cause the Federal Reserve to talk...
May job growth was "solid" but not enough to change the direction of monetary policy, Cleveland Fed President Loretta Mester told CNBC."The bottom line is I'd like to see more progress than we are now," said CNBC's Mester Steve...
For the first time since the beginning of the Covid 19 pandemic, initial jobless claims fell below 400,000, the Ministry of Labor announced on Thursday.Initial jobless claims were 385,000 for the week ended May 29, down from 405,000 the...
A Wingets restaurant displays a sign that reads "Now Hiring" on June 1, 2021 in Tampa, Florida, United States.Octavio Jones | ReutersPrivate employment growth for May accelerated the fastest in nearly a year as companies hired nearly a...
The flags of China, the United States, and the Chinese Communist Party are displayed in a flag booth in the Yiwu Wholesale Market in Yiwu, Zhejiang Province, China on May 10, 2019.Aly song | ReutersBEIJING - China's Vice...
The recent spike in U.S. inflation is likely temporary for now - but it could get more sustained in the years to come as more people return to work, said former New York Fed President William Dudley."I think right...
Robert Kaplan, president of the Dallas Federal Reserve, cited possible excesses in the real estate market and other signs of inflation as an indication that the central bank should slowly begin withdrawing its asset purchase program.With the Fed still...

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