U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI),
Agencies are starting to take action against DEI-tasked employees and pass lists of those workers on to OPM and the White House.
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.
It was no surprise when President Donald Trump this week issued a memorandum to the heads of federal departments and agencies, essentially directing them to get their employees back to the office full-time.
The number of Americans filing for unemployment benefits rose slightly last week, yet labor market conditions remain stable. The Federal Reserve is expected to maintain interest rates due to minimal stress in job markets.
Still, the chaotic 48 hours suggested that some in the Trump administration had overestimated their ability to impose ideological purity tests on federal funding. The order interrupted the Medicaid system, which provides health care to millions of low-income Americans, and left thousands of people in limbo.
A pair of language changes in the Federal Reserve's policy statement is setting the tone in markets, pushing up Treasury yields and the dollar and putting pressure on stocks. At the top of the list, t
The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week.
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
Let's take a trip back to 1925 – a time of rapid economic growth and technological innovations that brought many new consumer goods into the lives of Americans. "The Roaring Twenties symbolized a period of excess and consumerism,
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.