Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, DC on Tuesday, August 18, 2020.Erin Scott | Bloomberg | Getty ImagesWhile the Federal Reserve may not raise its policy rate for years, there are growing...
President Joe Biden speaks to reporters on the South Lawn of the White House in Washington, United States, on March 14, 2021.Cheriss May | ReutersPresident Joe Biden said Monday he was not concerned that a plan to increase...
Federal Reserve Chairman Jerome Powell on Wednesday painted a boring picture of the state of US employment, stating that continued aggressive political support is required to resolve the myriad of problems workers still face.Solving the problem requires "patiently accommodative...
Gasoline prices are displayed at a Speedway gas station on March 3, 2021 in Martinez, California.Justin Sullivan | Getty ImagesOne of the main reasons US Federal Reserve officials aren't afraid of inflation these days is because they believe...
Initial unemployment insurance claims rose last week amid ongoing conflict over the labor market.The new claims stood at 861,000, their highest level in a month and above the Dow Jones estimate of 773,000, the Department of Labor reported Thursday.Markets...
The Federal Reserve on Wednesday kept its foot on the ground regarding aid it is providing to an economy that central bank officials say it has slowed.In line with market expectations, the Federal Open Market Committee said it had...
An "Open House" sign will be displayed when potential home buyers arrive at a property for sale in Columbus, Ohio.Ty Wright | Bloomberg | Getty ImagesRecord low mortgage rates could now be a headline of the past....
In the US, a consumer who makes up 70% of the economy is seen as key to further recovery, and confidence surged in March to its highest level since the pandemic began.cihatatceken | iStock | Getty ImagesCovid...
Americans are returning to the workforce in large numbers, and that should show in the March employment report.Economists polled by Dow Jones expect 675,000 jobs to be created in March if the economy opens further and the number of...
Employment growth boomed at the fastest pace since last summer in March as stronger economic growth and aggressive vaccination efforts contributed to a surge in hospitality and construction jobs, the Labor Department reported on Friday.The number of non-farm workers...

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