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Fed’s Mester says inflation hasn’t peaked and multiple half-point rate hikes are needed

Cleveland Federal Reserve President Loretta Mester said Friday that she doesn't see ample evidence that inflation has peaked and thus is on board...

Payrolls rose 390,000 in May, better than expected as companies keep hiring

The U.S. economy added 390,000 jobs in May, better than expected despite fears of an economic slowdown and a roaring pace of inflation,...

Stocks making the biggest moves after hours: Lululemon, RH, Okta and more

People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois,...

Stock futures fall slightly as investors dwell on health of the economy

U.S. stock futures were slightly lower Wednesday night as economic concerns dragged down investor sentiment.Futures tied to the Dow Jones Industrial Average edged...

Stocks making the biggest moves after hours: Chewy, MongoDB, Hewlett Packard Enterprise and more

A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.'s initial public offering (IPO) in New York, U.S.,...

Job openings show sharp decline, but still vastly outnumber available workers

A man walking a dog passes by a help wanted sign advertised along East Main Street in East Islip, New York on February...

Fed Governor Christopher Waller says he’s prepared to take rates past ‘neutral’ to fight inflation

Christopher Waller, U.S. President Donald Trump's nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington,...

The Fed’s preferred gauge shows inflation rose 4.9% in April in a sign that price increases could be slowing

The personal consumption expenditures price index inflation gauge was expected to increase 4.9% from a year ago, according to Dow Jones estimates. Source link...

Fed minutes point to more rate hikes that go further than the market anticipates

Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a...

Stock futures fall after Dow’s 600 point comeback

Stock futures fell in overnight trading on Monday as the markets struggled to sustain a comeback rally following weeks of losses.Futures on the...

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