A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of...
Category: Economy
Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible
Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the...
Here’s where the jobs are for October 2023 — in one chart
The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth as the economy added a relatively...
Tech stocks suffer two-day selloff as investors find ‘wrinkle or two’ in Alphabet, Meta earnings
Alphabet’s earnings sailed past Wall Street estimates after the markets closed on Tuesday. Meta followed suit on Wednesday, solidly topping expectations. It didn’t matter. Following better-than-expected...