The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market.
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further reinforcing the Federal Reserve's cautious approach to cutting interest rates this year.
President–elect Donald Trump’s plans to shrink the federal workforce would have disparate impacts on Black employment, while potentially eroding a key conduit to economic mobility that many Black families have relied on for generations.
Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, the Wall Street Journal reported on Thursday. "I have over the last several months become more comfortable that this is a stabilization of the job market at a full-employment-like level,
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month.
The Labor Department's Friday release of December employment data showed a strong finish to the year for hirings, surpassing expectations and highlighting the resilience of the U.S. labor market. Sam Williamson,
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
Federal employees and others in the capital have grown attached to work-from-home arrangements. But hybrid work may disappear in the second Trump era.
Retail sales in the United States edged higher in December, signaling that consumers remain willing and able to spend despite enduring economic pressures. According to a report released by the Commerce Department on Thursday,
Will the Senate GOP confirm controversial picks like Pete Hegseth and RFK Jr.? Here’s this week’s full Senate confirmation hearing schedule.
Some federal employees are quietly changing the language of job descriptions and performance reviews in an effort to protect roles and critical government functions in the face of the so-called Department of Government Efficiency.