People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty ImagesFears earlier this year that President Donald Trump's tariffs would result in a sharp inflation spike have completely receded, according to a New York Federal Reserve survey released Tuesday.The...
President of the United States Donald J. Trump delivers remarks to a crowd at an America250 rally in Des Moines, Iowa, United States, on July 3, 2025.Kyle Mazza | Anadolu | Getty ImagesU.S. President Donald Trump announced that an additional 10% tariff will be charged to countries "aligning themselves...
Legislative Hall, the Delaware State Capitol, in Dover, DelawareAimintang | Istock | Getty ImagesState and local government job growth powered the U.S. labor market's expansion in June.Federal data released Thursday shows government jobs saw the largest month-over-month sector growth at 73,000. That means government jobs accounted for about half...
Mitch Graham (C) inquires about jobs at Triton Recovery during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2025 in Sunrise, Florida. Joe Raedle | Getty ImagesJob growth proved better than expected in June, as the labor market showed surprising resilience...
A hiring sign is displayed in a Dominos Pizza window on June 25, 2025 in Austin, Texas. Brandon Bell | Getty ImagesFor federal government workers who worked at agencies tied to this year's job cuts, an apparent slowdown in the labor market is happening at the worst possible...
FILE PHOTO: A pedestrian passes a "Help Wanted" sign in the door of a hardware store in Cambridge, Massachusetts, U.S., July 8, 2022. Brian Snyder | ReutersPrivate sector hiring unexpectedly contracted in June, payrolls processing firm ADP said Wednesday, in a possible sign that the economy may not be as...
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's target, according to a Commerce Department report Friday.The personal consumption expenditures price index, the Fed's primary inflation reading, rose a seasonally adjusted 0.1% for the month, putting the annual...
Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets and Policy event at Georgetown University in Washington, DC, US, on Friday, June 6, 2025. Bloomberg | Bloomberg | Getty ImagesFederal Reserve Governor Michelle Bowman said Monday she would...
Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on June 02, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesFederal Reserve officials get to voice their outlook this week on the future path of interest rates along with...
Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumers spending pulled back sharply in May, weighed down by declining gas sales and looming unease over where the economy is headed, the Commerce Department reported Tuesday.Retail sales declined 0.9%,...