Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
Worker pay pops in January. Credit minimum-wage increases.
The average wage earned by an American worker rose a sharp 0.5% in January, more than twice the typical increase. How come? Most likely because higher minimum wages kicked in in a number of states.
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“We’ve got to be more careful and prudent of how fast rates could come down” says Chicago Fed chief
Austan Goolsbee says the central bank is keenly monitoring how changing economic policy is influencing inflation and ...
Stock market today: Dow, S&P 500, Nasdaq recover as traders assess tariff developments, new jobs data
Investors are assessing China's instant retaliation to Trump's additional tariffs, amid worries about the risk of a trade war ...
Driver hit by speeding vehicle while fixing tire chains on Highway 50, CHP says
A driver fixing tire chains on his vehicle on Highway 50 Friday was seriously injured after being hit and pinned by a speeding vehicle near Twin Bridges.
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Analysis: Potential impacts of tariffs on Mexico, Canada, China
VIDEO: Mike Armstrong, president of Armstrong Advisory Group, talks about the potential impacts of tariffs. Armstrong says it ...
Cavs score vs Mavericks | Cavaliers set records and blow out Mavs after Luka Doncic trade
The Cavs became the first team to face the Dallas Mavericks after the Mavs traded Luka Doncic to the Los Angeles Lakers. Here ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
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Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...