The June jobs report showed a bigger-than-expected increase in employment. The Fed’s rate cuts are on hold for now.

The U.S. added a decent 147,000 jobs in June, pointing to resilience in the labor market. But the pace of hiring has slowed since last year as businesses grapple with trade wars and an immigration ... Read More

ADP says businesses add just 99,000 new jobs. Slowdown in hiring ... - MSN

U.S. businesses generated just 99,000 new jobs in August, paycheck company ADP said, to mark the smallest increase since 2021 in another sign of a rapidly cooling labor market. Read More

Federal Reserve set to keep interest rates steady as economic ... - MSN

Even with a worsening employment picture, analysts say the Fed remains focused on clamping down on inflation. It’s why Wall Street traders put the odds of a June rate cut at essentially zero ... Read More

Wall Street recoils after good news on the economy raises inflation worries

NEW YORK — U.S. stocks fell Friday on worries that good news about the job market may be too good and prove to be bad for Wall Street by keeping inflation and interest rates high. The Standard ... Read More

Fed holds interest rates but keeps door open to a cut in ... - NBC News

Federal Reserve officials said Wednesday that while there are signs the economy is slowing, the Fed was not yet ready to cut its key interest rate. Yet even as it held rates at their current level ... Read More

Will Fed rate cuts be big or small? Why it's a 'coin toss' right now

Yet noting the Fed’s key rate is historically high, several former Fed policymakers recently told the Wall Street Journal they favored a bigger rate cut. Futures markets, in turn, see a more ... Read More

Wall Street banks brace for downward revision of 1M fewer jobs

The Fed has kept its benchmark interest rate high in recent years in hopes of bringing inflation down to its target of 2% without tipping the economy into a recession.. But a downward revision ... Read More

Wall Street Veteran Slams Fed's Rate Cut Plans: 'Wake Up To Economic ...

The Federal Reserve is widely expected to cut interest rates by 25 basis points during its Dec. 18 meeting, with fed funds futures pricing in a nearly 90% chance of the move. Not all voices in the ... Read More

Worried About the Economy, America's Small Businesses Are Reducing ...

Worried About the Economy, America's Small Businesses Are Reducing Investment and Hiring, ... according to a poll compiled by The Wall Street Journal ahead of the release. ... Plus the Fed Outlook. Read More

Wall Street slumps as good news for economy is bad for stocks - Los ...

NEW YORK — Good news for the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business ... Read More

What does a Fed rate cut mean for the economy and consumers?

But the Fed isn't expected to slash its policy rate, so those rates - currently above 8% for five-year bank car loans, and more than 21% for bank credit cards, Fed data shows - likely won't move ... Read More