Core U.S. consumer prices rose less than predicted in December, reinforcing hopes that inflation is tempering as the Federal Reserve contemplates its next move on interest rates. Excluding volatile food and energy prices, the consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually, the Bureau of Labor Statistics…
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images President Donald Trump will face an important obstacle — from within his own party — as he seeks…
President Donald Trump in a social media post Thursday evening indirectly revealed data from Friday’s market-moving nonfarm payrolls count, an apparent violation of long-standing federal policy on statistical releases. In a Truth Social post around 9 p.m., the president indicated that private sector payrolls had expanded by 654,000 for the full year of 2025, a…
A “Now Hiring” sign at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Friday, Oct. 24, 2025. Allison Joyce | Bloomberg | Getty Images The U.S. labor market ended 2025 on a soft note, with job creation in December less than expected, according to a report Friday from the…
US President Donald Trump speaks during the House Republican Party (GOP) member retreat at the Kennedy Center in Washington, DC, on January 6, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump said he has canceled a fresh military attack on Venezuela, saying the two countries “are working well together,” on rebuilding…
Labor market weakness, uncertainty about inflation and political pressure will push the Federal Reserve to lower interest rates aggressively in the early part of 2026, according to Mark Zandi, chief economist at Moody’s Analytics. Though markets and Fed officials themselves see only modest easing in the year ahead, Zandi expects the central bank to enact…
WASHINGTON – The Federal Reserve on Tuesday released minutes from its highly divisive meeting earlier this month, which concluded with a vote to lower interest rates again that appeared to be an even closer call than the final vote indicated. Officials expressed a variety of opinions during the Dec. 9-10 meeting, according to the summary…
U.S. President Donald Trump announces the creation of the “Trump-class” battleship during a statement to the media at Trump’s Mar-a-Lago estate on December 22, 2025 in Palm Beach, Florida. Tasos Katopodis | Getty Images The Trump administration will start garnishing the wages of student loan borrowers in default in early January, a spokesperson for the…
NEW YORK, NEW YORK – MAY 22: Ray Dalio, Founder and CIO Mentor, Bridgewater Associates speaks onstage during The Wall Street Journal’s 2024 The Future Of Everything Festival at Spring Studios on May 22, 2024 in New York City. Dia Dipasupil | Getty Images Entertainment | Getty Images Billionaire hedge fund manager Ray Dalio and…
A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. Brian Snyder | Reuters Nonfarm payrolls grew slightly more than expected in November, the Bureau of Labor Statistics reported Tuesday in numbers delayed by the government shutdown. Job growth totaled 64,000 for the month, better than the Dow Jones estimate…
