Third-quarter GDP marked higher, jobless claims ease as US economy flexes muscle
Third-quarter gross domestic product (GDP) was revised higher Thursday following a substantially stronger projection for U.S. economic performance released Wednesday by the Federal Reserve. GDP ...
US unemployment applications come back down after big rise
The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before ...
US jobless claims fell last week during holiday season volatility
Applications for US unemployment benefits fell last week after spiking earlier this month, continuing a streak of volatility ...
Fed slashes rates but signals slower pace of cuts in 2025 — Dow plunges more than 1,100 points
The Federal Reserve slashed interest rates as expected Wednesday, but signaled fewer cuts than originally forecast for 2025 — ...
Los Angeles Times6d
Employers and workers alike are wary of what the second Trump term will mean for labor
Trump has picked Lori Chavez-DeRemer, a pro-union Republican, to lead the Labor Department ... states like California that have implemented stronger protections than those offered at the federal ...
Moneyweb6h
What actually gets shut down when the US government stops spending
Federal government shutdowns can be disruptive, with thousands of workers furloughed and most of them not getting paid on ...
WAMC3d
The Federal Reserve lowers interest rates again -- but hints at fewer cuts next year
The Fed lowered interest rates by a quarter percentage point — but policymakers are projecting fewer rate cuts next year as ...
The Fate of This Federal Program Helps Explain Trump’s Win
When President John F. Kennedy signed the Trade Expansion Act of 1962, he said that “we cannot protect our economy by ...
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal ...
US government shutdown: What closes, what stays open?
US government services will be disrupted and hundreds of thousands of federal workers will be told not to work if Congress ...
US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...