The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market.

U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month.

The Labor Department's Friday release of December employment data showed a strong finish to the year for hirings, surpassing expectations and highlighting the resilience of the U.S. labor market. Sam Williamson,

The Federal Reserve is the central bank of the United States and the anchor of the ... said it was lowering the target range, citing "labor market conditions have generally eased, and the ...

The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up toward the end of the year. The unemployment rate improved, inching down to 4.1 percent from 4.

President–elect Donald Trump’s plans to shrink the federal workforce would have disparate impacts on Black employment, while potentially eroding a key conduit to economic mobility that many Black families have relied on for generations.

Could the Federal Reserve be done cutting rates already? Some on Wall Street certainly think so. Market-implied odds that there will be no further rate cuts in 2025 have been climbing, and were given a boost on Tuesday by two strong economic readings.

Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions of interest and Form 8886 reporting requirements

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

Retail sales in the United States edged higher in December, signaling that consumers remain willing and able to spend despite enduring economic pressures. According to a report released by the Commerce Department on Thursday,

Will the Senate GOP confirm controversial picks like Pete Hegseth and RFK Jr.? Here’s this week’s full Senate confirmation hearing schedule.