Because, the essence of change lies not in discarding the old but in viewing it with fresh eyes, reimagining paths, and ...

Kenneth Rogoff worries about the incoming US administration's plans to weaken the American central bank's independence ...

To be sure, this strategy is unlikely to have a meaningful impact on the Fed. Mr Powell might face pointed questions about ...

Federal Reserve Chair Jerome Powell held a news conference after the central bank cut interest rates by 25 basis points, bringing its benchmark federal-funds rate to a two-year low.

In the latest sign that layoffs remain low, data from the Department of Labor released Thursday morning showed 211,000 initial jobless claims were filed in the week ending Dec. 27, down from 220,000 ...

Initial applications for U.S. unemployment capped 2024 at an eight-month low, reflecting the muted levels of job cuts in a labor market that has remained surprisingly resilient.

Kenneth Rogoff worries about the incoming US administration’s plans to weaken the central bank’s independence.

NPR's Leila Fadel talks to David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about the U.S. economic outlook for 2025.

Recurring applications for U.S. unemployment benefits rose to the highest in more than three years, adding to signs that it is taking longer for out-of-work people to find ...

Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.

The Federal Reserve's plans for interest rate cuts in 2025 are up in the air as officials wait to see what policy ...

The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...