Elon Musk has set his sights on the Federal Reserve, calling it “absurdly overstaffed” in a post on X (formerly Twitter). The ...

Underlying sentiment was also underpinned by expectations of more Chinese stimulus and the passing of a crucial funding bill in the U.S. that helped avert a year-end government shutdown.

The fact that young Americans carry debt isn't particularly surprising. What’s shocking is how much debt they’re on the hook ...

Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.

Gold prices are broadly stable as a softer-than-expected U.S. inflation reading rekindled hopes of interest-rate cuts next year. The personal consumption expenditures price index--the Federal ...

U.S. stock index futures inched up on Monday as a last-minute government funding bill averted a shutdown, while optimism ...

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.

Economists say the U.S. economy is leaving 2024 healthy, with unemployment low, inflation manageable and growth robust. Unknown variables — including the depth and scope of President-elect Donald ...

Asian stocks followed Wall Street higher on Monday after the Federal Reserve's preferred inflation gauge came in below expectations, ...

Base metals edged higher despite a strong dollar, after the latest U.S. inflation print alleviated concerns over Fed interest-rate cuts next year.

The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Dow Jones stock index ...

Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further policy easing next ...