US core capital goods orders rebound; consumer confidence deteriorates amid tariff worries
Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rebounded 0.7% ...
Third-quarter GDP marked higher, jobless claims ease as US economy flexes muscle
Third-quarter gross domestic product (GDP) was revised higher Thursday following a substantially stronger projection for U.S. economic performance released Wednesday by the Federal Reserve. GDP ...
US unemployment applications come back down after big rise
The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before ...
US jobless claims fell last week during holiday season volatility
Applications for US unemployment benefits fell last week after spiking earlier this month, continuing a streak of volatility ...
Fed slashes rates but signals slower pace of cuts in 2025 — Dow plunges more than 1,100 points
The Federal Reserve slashed interest rates as expected Wednesday, but signaled fewer cuts than originally forecast for 2025 — ...
Los Angeles Times7d
Employers and workers alike are wary of what the second Trump term will mean for labor
Trump has picked Lori Chavez-DeRemer, a pro-union Republican, to lead the Labor Department ... states like California that have implemented stronger protections than those offered at the federal ...
WUWM4d
The Federal Reserve lowers interest rates again -- but hints at fewer cuts next year
The Fed lowered interest rates by a quarter percentage point — but policymakers are projecting fewer rate cuts next year as ...
The Fate of This Federal Program Helps Explain Trump’s Win
When President John F. Kennedy signed the Trade Expansion Act of 1962, he said that “we cannot protect our economy by ...
US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
US consumer spending rises in November; monthly inflation benign
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
New Jersey Monitor5d
‘Why not us?’ Nannies, housekeepers win labor protections in some states.
Federal labor laws for decades exempted domestic workers from many ... Saz came into domestic work after fleeing war in her native El Salvador for the United States, where she struggled to find work ...