Unemployment struggle to find jobs
For most Americans, the job hunt is taking a long time.
U.S. economy
Oil prices drop sharply, and Wall Street nears its record as stocks rally worldwide
Oil prices are dropping further, and U.S. stocks are pulling closer to their all-time high Tuesday on hopes that Israel’s war with Iran will not damage the global flow of crude, even if a tentative truce seemed to fray under fire in the morning.
45% need $100k to feel financially stable, according to survey
How much money would you need to earn to feel financially secure?
Federal Reserve’s Bowman says rate cut should be on table in July
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House.
Trump says Iran and Israel to have a phased-in ceasefire over 24 hours
President Donald Trump on Monday declared the “12 day war” between Israel and Iran as likely ending in a ceasefire, validating the strategic gamble of a devastating U.S. airstrike this weekend on three Iranian nuclear sites.
US stocks rise in their return from the Juneteenth holiday
U.S. stocks are drifting higher on Friday in their return to trading following the Juneteenth holiday.
Federal Reserve leaves its key rate unchanged but sees two cuts this year
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.
Wall Street rises as oil prices ease and the countdown ticks to the Fed’s decision on interest rates
U.S. stocks are drifting higher on Wednesday as Wall Street waits to hear where the Federal Reserve may be taking interest rates.
US unemployment ticked down, hovering at historically low levels
The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday.
Poll finds majority of Americans oppose ‘Big, beautiful bill’
According to a new poll, a majority of Americans oppose President Trump’s proposed tax policy bill.
