Job growth surges in January, reversing slowdown trend of past months
January's jobs report showed a big jump in growth following months of registering slight declines. Here's what that means for you.
US job growth unexpectedly surges in January as economy adds 517,000 new positions
The Labor Department's January jobs on Friday report provided a snapshot of the labor market's health amid the Fed's aggressive interest rate-hike campaign.
January job growth expected to slow as companies put the brake on hiring
The Labor Department's January jobs report will shed light on the health of the labor market in the first month of 2023 when it is released on Friday.
Majority of workers regret quitting during 'great resignation'
Workers who quit their jobs during the "great resignation" now regret the decision, finding they miss their work friends and a healthy work-life balance.
Ex-FDIC chairman warns the Fed has a credibility problem: They're 'talking tough, but words are not enough'
Former FDIC Vice Chairman Thomas Hoenig discusses how the Federal Reserve has a credibility problem following the January meeting and Chairman Powell's comments.
Fed raises rates 25 basis points in first meeting of 2023
The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.
Fed raises interest rates by a quarter point but signals inflation fight's not over
The Federal Reserve on Wednesday enacted its eighth consecutive interest rate hike as it attempts to cool inflation without triggering an economic recession.
Job openings unexpectedly surge to 11 million in December
The Labor Department reported on Wednesday that there were 11 million job openings at the end of January, a sign the labor market remains extremely tight.
Private sector job growth cools to 106,000 in January, lowest in 2 years: ADP
Private U.S. companies added just 106,000 new workers in January as weather-related issues, including severe flooding across California, disrupted hiring.
Fed set to slow interest rate hikes again as inflation cools
Evidence that inflation is slowing will likely allow the Fed to shrink the size of its interest rate increases at the end of its meeting on Wednesday.
US home prices slide in November for fifth straight month
The housing market is in the midst of a correction caused by high mortgage rates, with prices declining again in November as consumer demand evaporates.
Don't buy the stock market rally, Morgan Stanley warns: 'Another bear-market trap'
Investors are likely to be disappointed when the Fed hikes rates again this week, probably ending a surprisingly strong rally in the U.S. stock market.
Wall Street economist says recession in 2023 will look like biggest crisis of the 1970s
Piper Sandler chief global economist Nancy Lazar warns people are too focused on a recession that feels like 2008, when it's more similar to volatility in 1973-74.
Custodia Bank's Fed membership application denied by Federal Reserve Board
Custodia Bank's application for Federal Reserve System membership was declined, according to officials, due to concerns with cryptocurrency and safety risks.
Pending home sales increase for first time in 7 months in December
The housing market is beginning to recover from a recent low as mortgage rates fall from a record high, evidenced by an increase in pending home sales.
S&P’s SPY ETF, born from 1987 crash, hits monster status
SPY, the first listed exchange-traded fund, continues to earn its stripes 30 years after its debut, serving as a tool to access the S&P 500, the broadest measure of the stock market.
Inflation gauge closely watched by the Fed cooled in December, but prices remain high
Inflation showed signs of cooling last month, a welcoming sign for the Federal Reserve as it tries to cool consumer prices with higher interest rates.
When will US home prices finally stop dropping?
The U.S. housing market will likely bottom out by mid-year, according to Goldman Sachs economists, as mortgage rates continue to decline from a peak of 7%.
New home sales rise for third straight month as mortgage rates fall
December purchases of new homes rose 2.3% as mortgage rates began to normalize, offering hope the housing market is recovering from the Fed rate hikes.
US GDP grew at 2.9% pace in fourth quarter as economy cools
The fourth-quarter GDP report shows the U.S. economy finished the year on relatively strong footing, despite high inflation and rising interest rates.


















