Labor Department

US Federal Reserve Governor Christopher Waller signalled Thursday a possible full percentage point interest rate hike -- a move not seen for more than 30 years and a further indication of the Fed's determination to rein in sky-high…

With a miserable first half for the stock market now in the history books, investors are assessing whether the U.S. economy can avoid a significant downturn as the Federal Reserve raises rates to fight the worst inflation in decades. The…

New York: Wall Street stocks mostly fell Tuesday as markets awaited a key Federal Reserve decision and digested another report showing elevated inflation. Major indices had opened with modest gains but weakened thereafter as investors…

TOKYO: Asian stocks sank on Monday and bond yields ticked higher, as red-hot U.S. inflation reignited worries about even more aggressive Federal Reserve policy tightening, and a COVID-19 warning from Beijing added to concerns about global…

More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment remains at a five-decade low. Applications for unemployment benefits rose by 27,000 to 229,000 for the week ending June 4, the most…

U.S. suppliers’ price increases slowed last month to 0.5% from 1.6% in March. Photo:…

U.S. inflation edged down to an 8.3% annual rate in April but remained close to the fastest pace in four decades as the economy continued to face upward price pressures. The Labor Department’s consumer-price index reading last month marked…

The U.S. economy added 428,000 jobs in April and the unemployment rate remained at 3.6%, marking the 12th straight month of job growth above 400,000.The stretch of employment gains is the result of a tight labor market that has held up…

Compensation for American workers grew rapidly in the first quarter, as a tight labor market put more money in workers’ pockets while also keeping pressure on inflation.Business and government employers spent 4.5% more on worker costs in…

New applications for U.S. unemployment benefits fell slightly last week as employers held on to their workers in a tight labor market. Initial jobless claims, a proxy for layoffs, decreased to 180,000 last…