Fed Chair Jerome Powell says central bank in no rush to reach ‘neutral rate’ Economy November 21, 2024 Federal Reserve Chair Jerome Powell said Thursday that the central bank’s policymakers aren’t in a rush to reduce interest rates…
Hundreds of Culinary Union workers go on strike at hotel near Las Vegas Strip Economy November 20, 2024 Hundreds of workers went on strike early Friday morning at a hotel near the Las Vegas Strip. Around 700 hospitality…
Goldman Sachs: Trump tax cuts, deregulation will boost growth; tariffs could be a drag Economy November 19, 2024 Goldman Sachs last week released a forecast for the U.S. and global economies that projected the impact of President-elect Trump’s…
Private sector job growth surges in October, ADP says Economy November 17, 2024 Companies in the private sector added 233,000 jobs in October, payroll processing firm ADP said on Wednesday. The figure is…
US economy grew 2.8% in the third quarter, slower than expected Economy November 16, 2024 The U.S. economy grew slightly slower than expected in the third quarter amid easing inflation and strong consumer spending. The…
Massive lithium discovery in California could be boon for US supply Economy November 15, 2024 A massive lithium find in California’s Salton Sea region could help boost domestic supplies of the mineral, which plays a…
Price gap between new and used cars hits all-time high Economy November 14, 2024 The gap between the new and used auto markets is wider than ever, new data from Edmunds shows. The car…
October jobs report to arrive days ahead of Election Day, Fed’s rate cut decision Economy November 13, 2024 The Labor Department is scheduled to release its jobs report for October on Friday, which will be the last major economic…
Fed’s favored inflation gauge showed price growth continued to slow in September Economy November 12, 2024 An inflation gauge closely watched by Federal Reserve policymakers continued to slow in September, as the pace of price growth…
Mortgage rates rise for fifth straight week Economy November 11, 2024 Mortgage rates continued their upward climb this week, leaving demand essentially flat in the stagnant housing market. Freddie Mac’s latest…