The Federal Reserve is under pressure to lower its benchmark interest rate following a significant revision to employment data indicating a weaker labor market. The Labor Department's annual revision ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

Stocks trimmed small gains to trade near unchanged after the Bureau of Labor Statistics said there were 911,000 fewer jobs created in the 12 months ending in March than previously estimated. A ...

Sept 7 (Reuters) - Standard Chartered expects the U.S. Federal Reserve to cut interest rates by 50 basis points at its policy meeting this month, double its earlier projection of a 25-bp reduction, ...

Data is the cornerstone of enterprise AI success, yet enterprise AI initiatives often hit an unexpected infrastructure wall: getting clean, reliable data from the web. For the last two decades, web ...

Investors probably won’t sweat this week’s inflation data as they fully pencil in a Federal Reserve rate cut following clear signs the labor market is slowing down. They shouldn’t take it too far. Fed ...

The August jobs report shows the labor market weakening, with only 22,000 jobs created and unemployment rising to 4.3%, the highest in four years. Leading indicators like JOLTS and jobless claims ...

The US job market drastically weakened in August, confirming signs of a slowdown – and making an interest rate cut this month look like a done deal. Employers added a paltry 22,000 jobs last month — ...

WASHINGTON — The White House expects the Federal Reserve to at least consider a possible larger rate cut when it meets later this month after last month's job data showed a "disappointing" labor ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

The Fed looks at Twitter to gauge the financial sentiment out there? Yes: TFSI! The Federal Reserve certainly finds itself in a maelstrom these days… it’s as if we have nothing else to talk about.

After months of warning signs, the slowdown in America's labor market is now undeniable. August's jobs report reveals a near standstill in hiring, cementing expectations that the Federal Reserve will ...