News

Dollar gains after strong US jobs data stretches market hopes of Fed cut
The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...
The Labor Market Puts Pressure on the Fed to Act Sooner Than Later
“Foreign-born workers accounted for four fifths of labor force growth between early 2020 and early 2025,” Adams said.
Why the Fed Is Likely to Stay on Pause
The June jobs report is likely to keep the Federal Reserve in a wait-and-see stance for the summer, writes our Nick Timiraos, ...
Fed independence, US rule of law at risk, UBS reserve managers survey says
Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...
U.S. oil and gas activity slumped in Q2, Dallas Fed says, pointing to higher steel tariffs
U.S. oil and gas activity contracted in Q2, the latest energy survey from the Federal Reserve Bank of Dallas said, revealing ...
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Fed sanctions Wyoming bank employee for embezzlement
The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a ...
Fed's Bostic: Adjustment to Trump policies could take a year or more
The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...
Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...