Federal Reserve

Applications for unemployment benefits last week climbed to the highest level since October 2021, the latest evidence the labor market is slowing down.

The Labor Department said Thursday the producer price index climbed just 0.2% in April, a sign that price pressures in the economy are beginning to abate.

Inflation continued to financially burden millions of U.S. households in April as the cost of things like gasoline, used cars and rent marched higher.

The Labor Department said the consumer price index showed that inflation cooled last month, but that underlying price pressures remained stubbornly high.

Inflation likely remained stubbornly high in April as price pressures continue to squeeze household budgets despite Federal Reserve interest rate hikes.

New York Federal Reserve President John Williams said that credit conditions will play a key role in his decision-making for future interest rate hikes.

Americans lack confidence in President Biden, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen on matters related to the economy.

A new Federal Reserve survey released on Monday shows that a growing number of banks are tightening their lending standards amid higher interest rates.

Nearly a third of customers have said they were concerned about the stability of the banking system, according to a recent survey by J.D. Power. Here’s what you need to know.

A New York Federal Reserve survey released Monday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.

The Labor Department reported on Friday that the U.S. economy added 253,000 jobs in April, driven by a flurry of hiring in professional and services sectors.

The April jobs report released Friday provided a key look at the labor market's health amid the Federal Reserve's aggressive interest rate-hike campaign.

High-yield savings accounts are offering attractive returns to some savers after the Federal Reserve hiked interest rates to the highest level in 16 years.

FOX Business host Larry Kudlow discusses the Treasury's cash position and the possibility of running out of cash by early June.

The Labor Department's April jobs report is expected to show that the U.S. economy added 180,000 jobs last month, the smallest gain in more than two years.

A growing number of workers applied for jobless benefits last week, a sign the labor market is beginning to loosen in the face of higher interest rates.

The FDIC enlisted BlackRock's Financial Market Advisory unit to help sell off $114 billion in leftover assets from recently failed banks, a role the influential firm has played before.

FOX Business host Larry Kudlow reacts to the Federal Reserve hiking interest rates again Wednesday, and how the stock market reacted to the news.

The Federal Reserve on Wednesday voted to raise interest rates for the 10th straight time but indicated that an end is in sight for its tightening cycle.

Private sector hiring surged in April to the highest level in 10 months, despite expectations that the labor market will slow due to higher interest rates.