Job growth spikes in November, interest rates expected to continue rising
The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.
Jamie Dimon warns inflation could drag US into recession next year: 'It could be a hurricane'
Jamie Dimon, the veteran CEO of JPMorgan Chase, said that inflation could drag the U.S. economy into a recession next year as Americans pull back on spending.
S&P 500 could plunge 20% in coming months as recession hits, BofA warns
Bank of America analysts said on Monday that the S&P 500 could tumble another 20% from current levels in coming months if the U.S. enters a recession.
More Americans getting a second job as high inflation rages
More Americans are holding multiple jobs as a result of the highest inflation in four decades, which has seen the prices of everyday necessities soar.
Labor market may skirt U.S. recession: NABE
NABE's latest survey of economists showed the U.S. is likely to enter a recession next year as interest rates rise but the labor market may be spared.
Larry Kudlow: There are numerous issues with the November jobs report
FOX Business host Larry Kudlow dives into the November jobs report, the Federal Reserve's economic plans and Democrats' omnibus spending bill supposedly with Republican leadership support on 'Kudlow.'
November jobs report breakdown: Which industries hired the most workers?
U.S. employers added more jobs than expected in November as the labor market remained strong in the face of higher interest rates and steep inflation.
New top Fed official has been critic of Biden agenda: 'Just stop. Seriously'
Austan Goolsbee, the newly named Federal Reserve Bank of Chicago president, has disagreed with the White House on a number of key economic issues.
US economy adds 263,000 jobs in November, better than expected as hiring remains solid
The Labor Department's November jobs report provided a key snapshot of the labor market's health amid growing fears that the U.S. is headed for a recession.
Inflation is America's 'No. 1' problem and could take until 2025 to resolve: NY Fed president
New York Federal Reserve President John Williams detailed the widespread initiatives that the Fed has taken to combat the U.S.'s sky-high inflation rates.
Chicago Fed taps Austan Goolsbee as new president
The Federal Reserve Bank of Chicago has named University of Chicago economics professor and former Obama adviser Austan Goolsbee as its new president.
New York Fed's Williams warns of a 'ways to go' before interest rates are high enough
Inflation could see a "pretty significant" decline next year, but New York Fed President John Williams said interest rates still need to rise further.
Job cuts surge 127% in November as companies brace for economic downturn
A growing number of U.S. employers have announced job cuts this year as they prepare for an increasingly bleak economic outlook amid higher interest rates.
US manufacturing sector contracts in November for first time since 2020
The U.S. manufacturing sector shrank in November for the first time since 2020 as higher interest rates sapped demand for goods, according to an ISM survey.
Fed's preferred inflation gauge shows prices cooled in October but remain painfully high
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.
Janet Yellen makes ‘Late Show’ appearance, tells Colbert her signature on currency will be legible
Treasury Secretary Janet Yellen appeared on "The Late Show with Stephen Colbert" and discussed everything from the economy to cryptocurrencies.
Fed's Powell signals smaller interest rate hikes could begin in December
Federal Reserve Chairman Jerome Powell said the central bank could soon approve smaller interest rate hikes, but stressed there is a "long way to go" in cooling inflation.
Elon Musk urges Fed to cut rates 'immediately,' or risk severe recession
The Federal Reserve needs to cut interest rates immediately or risk triggering a severe recession, according to Tesla CEO and Twitter chief Elon Musk.
Job, debt 'double whammy' brewing 'storm' for early 2023: Economics professor
Fox News contributor and economics professor Brian Brenberg weighed in November ADP and why it be a bellwether for a nasty start to the new year.
Job openings eased in October in early sign of a slowdown
The Labor Department reported on Tuesday that there were 10.3 million job openings at the end of September, a sign the labor market is starting to soften.
















