The Associated Press - Business News on MSN2d
Slightly more Americans apply for unemployment benefits last week, but layoffs remain at low levels
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels.
Trump Enters Just as the Fed Is Shifting Its Focus
Whether it sticks the landing could shape exactly what kind of economy Donald Trump inherits.If the Fed is fortunate, dialing ...
Labor market, growth remain solid, keeping Fed on track for another rate cut
The Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
Fed's Powell says labor market weaker than in 2019
Federal Reserve Chairman Jerome Powell said the U.S. jobs market is probably weaker now compared to just before the pandemic broke out in March 20202, based on a broad array of labor market data. The ...
Wall Street Climbs on Earnings and Fed Rate Cut Expectations
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the ...
UPI News on MSN2d
Fed cuts interest rates by quarter point as economic expansion continues at solid pace
The Federal Reserve Thursday lowered interest rates for the second time this year, cutting the federal lending rate by a ...
Fed cuts interest rates by quarter point
The Federal Open Market Committee (FOMC), the Fed's policymaking arm, noted that "labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation ...
How a 'red wave' changes the outlook for rates, inflation, unemployment and the economy
Voters were fed up with inflation. That has been a popular take on why a "red wave" looks increasingly likely, giving ...
Institutional Investor5d
How Can Employment Data Impact Fed Policy?
The financial markets, like any efficient market, are driven by supply and demand for security. In the stock market, there ...
The Day2d
Fed cuts interest rates again, amid uncertain economic outlook
The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a ...
Tight credit conditions add to case for Fed interest-rate cut
The Federal Reserve has plenty of reasons to deliver a widely expected interest rate cut on Thursday, including a decline in inflation and a cooling in labor markets that makes it harder for Americans ...