The S&P 500 gained 17.38 points, or 0.4%, to 4,337.44. The Dow Jones Industrial Average rose 43.04 points, or 0.1%, to 34,006 ...
If trends continue, the central bank may achieve a rare and difficult "soft landing" — the taming of inflation without triggering a deep recession.
The unemployment rate, at a still-low 3.8%, has scarcely budged since March 2022, when the Fed began imposing a series of 11 rate hikes at the fastest pace in decades.
U.S. job creation slowed in August, new data shows 04:36 The labor market is showing signs of cooling, shifting gears after months of strong job creation that fueled soaring inflation and prompted ...
NEW YORK (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate and moderation in wage growth pointed to an easing in labor market conditions ...
U.S. wage growth has outpaced inflation since May, finally giving workers more purchasing power. Pay gains had been running ...
WASHINGTON (Reuters) - U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and cementing ...
Prime Minister Sitiveni Rabuka welcomes the United States regional presence as a step towards making the Pacific more secure ...
WASHINGTON (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate to 3.8% and moderation in wage growth pointed to an easing in labor market ...
U.S. Treasury Secretary Janet Yellen said on Tuesday that U.S. growth needed to slow in line with potential due to full ...
Inflation has tumbled from its peak in June 2022 to 3.7% on the back of the Fed’s rate hikes. Yet the unemployment rate has ...
NEW YORK, Sept 1 (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate and moderation in wage growth pointed to an easing in labor market ...
