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The Federal Reserve Open Market Committee cut interest rates by a quarter percentage point at its Wednesday meeting, the first rate cut this year, out of concern over the U.S.
Americans' confidence in finding a new job fell to the lowest measure on record, a survey from the New York Fed shows.
New York State manufacturing activity turned negative in September, with sharp declines in orders and shipments, according to the Empire State Manufacturing Survey. Firms reported softer demand, flat ...
Williams warns that tariffs weigh on the U.S. economy; meanwhile, island manufacturing and tourism expand. #NewsismyBusiness ...
President Trump’s top White House economist officially joined the Federal Reserve board of governors Tuesday as the central ...
The outlook for job seekers has taken a sharp turn for the worse, according to respondents to a monthly survey from the ...
as it's also called), the president of the Federal Reserve Bank of New York, and the presidents of four other regional Federal Reserve Banks who serve on a rotating basis. The committee is responsible ...
Use of artificial intelligence among businesses jumped in the last year and is expected to continue to grow, yet few firms have cut jobs as a result so far, according to a new Federal Reserve Bank of ...
Factory activity in New York state fell this month, flipping positive readings in recent months amid persistent trade uncertainty.
The Federal Reserve cut its key interest rate by a quarter-point and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.
21hon MSN
Americans owe more than a trillion dollars in credit card debt — Here’s how each age group compares
Credit card debt reached an all-time high of $1.2 trillion by the end of 2024, according to data from the Federal Reserve Bank of New York. On Wednesday, the Federal Reserve announced it was lowering ...
The Trump administration sought to convince a federal court on Sunday that President Trump possesses vast powers and ...
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