Federal Reserve

The September jobs report is unlikely to deter the Federal Reserve from approving a fourth straight 75-basis-point interest rate hike when officials meet next month.

The Labor Department reported on Friday that U.S. employers added 263,000 workers in September, with hiring at bars and restaurants helping to boost the headline number.

The Labor Department's September jobs report provided a key snapshot of the labor market's health amid growing fears that the U.S. is headed for a recession.

The Labor Department will release the September jobs report on Friday morning, which is expected to show that hiring slowed but remained healthy last month.

New applications for unemployment benefits increased more than expected last week as the job market starts to cool off amid the Federal Reserve's fight against inflation.

Global trade is expected to grind to a halt next year as a result of a convergence of economic crises including spiking energy prices and higher interest rates.

Private companies onboarded 208,000 new workers in September despite growing concerns that the Federal Reserve will trigger a recession with its war on inflation.

Wall Street firms predict a sharp decline in U.S. home prices in coming months as the Federal Reserve raises interest rates at the fastest pace in decades.

Federal Reserve Governor Philip Jefferson said on Tuesday that central bank policymakers are "resolute" in wrestling inflation back under 2% with higher rates.

The Labor Department reported on Tuesday that there were 10.1 million job openings at the end of August, lower than economists expected as the labor market cools off.

Recessionary fears are top of mind for the nation's CEOs, many of whom are positioning their businesses for a sharper downturn.

The United Nations on Monday warned that the Federal Reserve could drag the global economy into a recession with its rate-hike campaign design to crush inflation.

High inflation and rising borrowing costs have proven to be a lethal combination for the housing market, forcing potential buyers to pull back on spending.

Risk aversion amid growing fears about a global recession has sent investors fleeing toward the greenback as a safe haven, but a strong U.S. dollar has both pros and cons.

Federal Reserve Vice Chair Lael Brainard warned Friday that central bank policymakers will need to raise interest rates higher and keep them elevated for some time to fight inflation.

A key measure of inflation that is closely monitored by the Federal Reserve rose faster than expected in August as prices remain near a four-decade high.

The Federal Reserve Board announced Thursday that it will conduct a climate risk analysis involving six of the largest U.S. banks beginning next year.

Several Federal Reserve officials this week endorsed additional interest rate hikes as the central bank tries to bring inflation under control by slowing the U.S. economy.

Applications for unemployment insurance fell again last week, indicating that employers are still avoiding layoffs in the historically tight labor market.

The Commerce Department said its final reading of second quarter gross domestic product data on Thursday shows the economy shrank 0.6% in the spring, indicating the start of a recession.