Federal Reserve

Treasury Secretary Janet Yellen said the U.S. economy is performing "exceptionally well," and she is "not anticipating a downturn" despite the recent banking crisis and inflation.

The IMF released its updated World Economic Outlook on Tuesday, providing a gloomy forecast of the global economy amid inflation and rising interest rates.

More than 230,000 new jobs were created in March, according to the latest data from the Bureau of Labor Statistics (BLS).

Nouriel "Dr. Doom" Roubini is warning that the U.S. banking crisis could spread and cause the economy to experience a hard landing and enter a recession.

A New York Federal Reserve survey published Monday shows that consumers are worried about a potential credit crunch and higher inflation in coming years.

The March jobs report showed that payrolls climbed by 236,000 workers last month, in line with expectations, as bars and restaurants hired more workers.

The March payroll report released on Friday provided a key snapshot of the labor market's health amid the Fed's aggressive interest rate-hike campaign.

The Labor Department's March jobs report is expected to show that hiring slowed last month as the labor market cools with higher interest rates.

Federal Reserve Bank of St. Louis President James Bullard said Thursday that banks will not tighten credit enough to send the U.S. economy into a recession.

Companies announced nearly 90,000 layoffs in March, a major acceleration from the previous month, amid an increasingly grim outlook for the U.S. economy.

A growing number of workers applied for jobless benefits last week, a sign the labor market is beginning to tighten in the face of higher interest rates.

Walmart expects high inflation to continue to squeeze its business this year as the retail giant begins a push to automate 65% of its workforce by 2026.

Home-purchase applications fell more than 4% last week due to a lack of housing supply, according to a new survey from the Mortgage Bankers Association.

Following recent banking closures, Fannie Mae predicts a recession will take place in the second half of 2023. Meanwhile, Americans continue dealing with an uncertain interest rate environment and high inflation.

The Labor Department reported on Tuesday that U.S. job openings fell to the lowest level since May 2021 amid the Federal Reserve's interest-rate hike campaign.

U.S. bank deposits fell year-over year in 2022 as debt reached record highs, according to reports. Inflation and rising interest rates contributed to these trends and persist today, triggering fears of banking collapses and recession.

America's real estate market won't see better affordability "any time soon" due to a lack of housing supply and a steep decline in new home construction, RE/MAX's CEO says.

U.S. financial institutions borrowed less money from the Federal Reserve last week, early evidence that banking turmoil may be starting to dissipate.

Even though the Federal Reserve might have started bending the inflation curve, Mick Mulvaney and Anton Schutz warn the central bank is ignoring "the real problem out there."

As banks stabilize, investors and analysts warn that bond markets will become vulnerable to a reversal should the Fed resume its inflation-fighting efforts.