U.S. job growth slows sharply in September
(Reuters) – U.S. employment increased far less than expected in September amid a decline in government payrolls, but hiring could pick up in [...]
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Fed hawks circle before Powell speech as they push for bond taper
WASHINGTON (Reuters) – The U.S. Federal Reserve’s hawkish wing used the day before a marquee speech by Fed Chair Jerome Powell to urge [...]
Fed officials grapple over timeline for tapering asset purchases
(Reuters) – The U.S. economy is growing at a robust pace and the labor market is rebounding, signaling it is nearly time for [...]
Vaccinations aiding jobs recovery in food, hotel sector: Fed study
(Reuters) – Rising COVID-19 vaccinations in the United States are driving the jobs recovery in the food and accommodations sector, but not in [...]
Fed's Brainard: more 'progress' on recovery ahead, though still far from goals
WASHINGTON (Reuters) -The United States is getting closer to the Fed’s maximum employment and 2% inflation goals, Fed Governor Lael Brainard said on [...]
Turkish lira hits record low as world inflation looms
ISTANBUL (Reuters) -Turkey’s lira tumbled to a record low of 8.6 versus the dollar on Friday as it took a hit from global [...]
Fed officials shrug off rise in longer-term U.S. bond yields
(Reuters) – Federal Reserve policymakers are shrugging off the surge in longer-term U.S. government bond yields as a sign of growing optimism about [...]
Trump touted the economy; the economy voted for Biden
WASHINGTON (Reuters) – U.S. President Donald Trump leaned on economic arguments in his reelection bid. The economy favored Democratic challenger Joe Biden.FILE PHOTO: [...]
U.S. income inequality narrowed slightly over last three years: Fed
WASHINGTON (Reuters) – Income inequality in the United States narrowed in the first three years of the Trump administration as rising wages and [...]
Sterling erases gains on sub-zero rates fears
LONDON(Reuters) – Sterling erased earlier gains in a choppy session on Friday as investors hoped Britain’s new scaled-back job support scheme will be [...]