Goldman Sachs Group Inc. and other banks that invest in companies are officially on notice: The Federal Reserve wants that ability taken away. Among several recommendations...
US Economy Adds Fewer Jobs than Expected in August The US labor market added fewer jobs than expected in August, a sign that the job market...
Manufacturing in the U.S. unexpectedly contracted in August for the first time in six months amid slumping orders and production that raise concern of renewed industrial...
Applications for unemployment benefits in the US rose less than forecast in the week ended Aug 27. The number of people filing for unemployment claims in...
U.S. consumer confidence rose in August to its highest level in 11 months, suggesting economic growth could pick up in the second half of the year....
Federal Reserve Vice Chairman Stanley Fischer said on Tuesday that incoming data will determine interest rate trajectory and expressed optimism that productivity growth will rebound. While speaking...
Consumer spending advanced for a fourth straight month in July, bolstered by stronger income gains, sending the biggest part of the U.S. economy to a solid...
The Fed effect reverberated through global markets, pushing the dollar up and commodities down as traders increased bets on higher borrowing costs in the world’s largest...
Following is a reformatted version of Federal Reserve Chair Janet Yellen’s prepared remarks at the Federal Reserve Bank of Kansas City Economic Symposium in Jackson Hole,...
The world’s largest economy grew less than previously reported in the second quarter, a sign consumer spending will need to continue to drive expansion, Commerce Department...