Private payrolls grew by just 150,000 in June, less than expected
Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in the U.S. labor market.
Jeff Cox in asian news
Powell says Fed has made 'quite a bit of progress' on inflation but needs more confidence before cutting
Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year but said he wants to see more before being confident enough to start cutting interest rates.
Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate in more than three years.
There's a big Fed inflation reading coming Friday. Here's what to expect
There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday.
Fed Governor Bowman says she's still open to raising rates if inflation doesn't improve
Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates, adding she would be open to raising if inflation doesn't pull back.
The Fed is 'playing with fire' by not cutting rates, says creator of 'Sahm Rule' recession indicator
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a time-tested rule for when recessions happen.
May retail sales rise 0.1%, weaker than expected
Retail spending was weaker than expected in May as consumers continued to wrestle with stubbornly higher levels of inflation.
Wholesale prices unexpectedly fell 0.2% in May
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back.