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 U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up toward the end of the year. The unemployment rate also improved, according to data released Friday by the Bureau of Labor Statistics,

a trend that could lessen the chance that the Federal Reserve will cut its key interest rate much this year. On Wednesday the Labor Department is expected to report that in December the consumer ...

President-elect Trump's pick for Treasury secretary, Scott Bessent, has said Federal Reserve Chair Jerome Powell will be allowed to finish his term. The Labor Department released new inflation ...

A strong labor market isn’t enough to win elections. That reality could shape how the government responds to the next economic downturn. Scarred by the long, slow recovery following the 2007-09 recession,

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.

As the Federal Reserve’s premeeting blackout period begins, it is a good moment for a look at how Fedspeak and economic data have shifted forward expectations about the central bank’s next moves.

Inflation is still there, according to the December Consumer Price Index (CPI) report, with the annual rate marginally increasing to 2.9%. With economic uncertainty looming, concerns have been raised regarding the Federal Reserve’s interest rate policy as core inflation,

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.

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

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,

The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority of economists polled by Reuters, as policymakers digest an expected barrage of new economic policies from Washington.