Labor Department

U.S. Federal Reserve seen on track to cut interest rates next week and in December

Post author:Author
Post published:October 31, 2024
Post category:Business

Open this photo in gallery:The Federal Reserve building, in Washington.Jim Young/ReutersWith inflation now only just above the Federal Reserve’s 2 per cent target and wage pressures easing, U.S. central bankers…

U.S. weekly unemployment claims fall; continuing claims hit highest level in three years

Post author:Author
Post published:October 24, 2024
Post category:Business

Open this photo in gallery:A now hiring sign outside a business in Somerville, Mass., on Sept. 1, 2022.Brian Snyder/ReutersNew applications for U.S. unemployment aid unexpectedly fell last week, but the…