U.S. hiring slowed in September as employers added just 29,000 jobs, a sharp deceleration that has broad implications for consumer prices and interest rates. The unexpectedly weak jobs report arrives…
Wall Street analysts expect a standoff this week between the Federal Reserve and the White House, with the Federal Open Market Committee (FOMC) meeting — concluding Wednesday — widely anticipated…
Good morning. On Fortune’s radar today: Exclusive: Sam Altman addresses AI doomsday fears. Markets: Down across the board. Why the Fed’s Warsh will be forced to raise rates this week.…
Kevin Hassett, director of the National Economic Council, on Sunday played down President Trump’s threat to begin a trade war if the Federal Reserve doesn’t drop interest rates. “I don’t…
Consumer prices continued to climb in August, matching July's annual pace of 3.4% and exceeding economists' predictions due to surging gasoline costs. This stronger-than-anticipated consumer price index (CPI) report elevates…