Federal Reserve

The Labor Department reported on Tuesday that there were 10.7 million job openings at the end of August, higher than economists expected as the labor market remains tight.

American voters are extremely focused on the inflation and the economy in the run-up to the midterm elections, a potential boon to Republican candidates.

FOX Business host Larry Kudlow laid out the price surge under the Biden Administration and the impact it's having on the midterms on 'Kudlow.'

The Federal Reserve is unlikely to back away from its inflation fight soon, according to a new survey of Bloomberg economists, who see rates climbing above 5% by 2023.

Sales of previously owned homes tumbled in September as home ownership became increasingly unaffordable for many prospective buyers thanks to higher mortgage rates.

Inflationary pressures in the economy remain strong, a worrisome sign for the Federal Reserve as it tries to crush runaway prices without triggering a recession.

Inflation may take some time to normalize, according to former Treasury Secretary Larry Summers, who pointed to the history of developed nations since the 1970s.

GDP increased in the third quarter of 2022 following two consecutive decreases, but some experts have said it's not likely to last.

The U.S. economy grew in the third quarter, but the turnaround is largely due to a narrowing trade deficit, which does little to dispel fears of a recession.

The GDP report out Thursday morning is likely to show that economic growth rebounded in the third quarter, but economists are still bracing for a recession.

The housing market could slow even further this year, according to one economist, who expects prices to tumble 20% as mortgage rates crush consumer demand.

JPMorgan CEO Jamie Dimon and Goldman Sachs CEO David Solomon revived their warnings about the U.S. economy during Saudi Arabia's investment conference in Riyadh.

Mortgage rates have more than doubled over the past year, pushing many prospective homebuyers out of the market, even as home prices remain near a record-high.

Deutsche Bank strategists warned this week that more than 4 million Americans could lose their jobs as a result of the Federal Reserve's war on inflation.

Mortgage rates that have doubled over the past year are sapping demand from the housing market, which saw price growth decelerate at the fastest pace on record in August.

The Federal Reserve may have no choice but to trigger a recession in order to get inflation under control, according to JPMorgan President Daniel Pinto.

A new survey shows that a majority of economists either think the U.S. economy has entered a recession, or will next year as the Federal Reserve raises rates.

Painfully high inflation is forcing more Americans to consider working multiple jobs as the cost of basic necessities like food and rent surges higher.

The Federal Reserve's September meeting minutes revealed that it's prepared to continue raising interest rates in the coming months but has its eye on the state of the current economy.

Tesla CEO Elon Musk said Wednesday the Fed is "looking in the rearview mirror" with its interest rate hikes as the economy is in the midst of "deflation."