Here’s how the Fed raising interest rates can help get inflation lower, and why it could fail
The view that higher rates help stamp out inflation is essentially an article of faith, based on long-held economic gospel. But how does it really work?
More Stories
Hurricane Milton could cause as much as $175 billion in damages, according to early estimates
That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of...
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
Jobless rates fall for Black and Hispanic men in September
Black and Hispanic men experienced a fall in jobless rates in September.
Here’s where the jobs are for September 2024 — in one chart
Hospitality and health care were two bright spots for the U.S. labor market in September, according to Friday's jobs report.
U.S. job creation totaled 254,000 in September, much better than expected
Nonfarm payrolls were expected to increase by 150,000 in September, according to the Dow Jones consensus forecast.
Here’s everything to expect when the September jobs report is released Friday
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of...