April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
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White House aides have sounded bullish on the jobs report, even as warning signs mount amid the war with Iran.
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A panel of federal judges found that President Trump could not legally impose the tariff on most imports.
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People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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The commerce secretary appeared for hours in a closed-door session on Wednesday with the House Oversight Committee
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The Equal Employment Opportunity Commission said the paper had engaged in “unlawful employment practices” against the man, who did not get a sought-after promotion.
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Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
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Local governments are trying to create housing that is permanently affordable by investing directly in construction. They are rewriting how housing programs have traditionally operated.
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The Equal Employment Opportunity Commission recently referred a reverse-discrimination complaint by an employee to the agency’s legal unit for review.
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Nonprofit groups have applauded an investigation on trade in goods made with forced labor but say that the Trump administration should go further to enforce its own laws
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The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
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European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.
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Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
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Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.
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Iran war is fueling inflation and slowing growth around the world, according to a new report.
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The central bank’s interest rate policy influences car and home loans, credit cards, savings accounts and more.
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The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
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