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Economy
Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move
Paul Atkins, founder and chief executive officer of Patomak Global Partners LLC, speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, May 1, 2017. David…
There’s an important jobs report coming Friday. Here’s what to expect
A pedestrian walks by a 'hiring now' sign in front of a U-Haul store on December 03, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesAfter a month in which hiring was essentially muted due to storms and strikes, the jobs…
Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics reported Friday.Nonfarm payrolls increased…
Here’s where the jobs are for November 2024 — in one chart
The jobs report for November came in better than expected, and that growth came from several different areas of the U.S. economy, according to the data.Health care and social assistance led the way yet again last month, seeing 72,300 new…
Unemployment rate jumps more than a percentage point for Black women in November
Job seekers talk to a recruiter at the Albany Job Fair in Latham, New York, on Oct. 2, 2024.Angus Mordant | Bloomberg | Getty ImagesThe unemployment rate climbed sharply for Black women in November.The overall jobless rate edged up…
The Fed is on course to cut interest rates in December, but what happens next is anyone’s
Federal Reserve Chair Jerome Powell during the New York Times DealBook Summit at Jazz at Lincoln Center in New York on Dec. 4, 2024.Yuki Iwamura | Bloomberg | Getty ImagesFriday's jobs report virtually cements that the Federal Reserve…
Household finance outlook hits highest since February 2020 following Trump win, New York
U.S. President-elect Donald Trump holds an award during the FOX Nation's Patriot Awards at the Tilles Center on December 05, 2024 in Greenvale, New York.Michael M. Santiago | Getty ImagesOptimism about household finances hit a multiyear…
The CPI report Wednesday is expected to show that progress on inflation has hit a wall
A man shops at a Target store in Chicago on November 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesA key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, though not so…
Annual inflation rate accelerates to 2.7% in November, as expected
Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers.The consumer price index showed a 12-month inflation rate of 2.7% after increasing 0.3% on the…
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year a
The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the…