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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...

Nearly half of families with kids can no longer afford enough food 5 months after child tax credit ended

lisegagne | E+ | Getty ImagesWithout the child tax credit, Stormy Johnson has been skipping her own meals so her kids can eat.Johnson,...

May unemployment rate holds steady but rises among Black, Hispanic women

Silhouette's of commuters and tourists as they make their way through Grand Central Terminal in New York City during the morning rush hour.Timothy...

Two notable Wall Street strategists say this is just a bear market bounce

Two widely followed strategists on Wall Street — Bank of America's Michael Hartnett and Morgan Stanley's Mike Wilson — see more trouble ahead...

May jobs report supports the idea of an economic soft landing, but will the market buy into it?

The market wants a soft landing in the economy, and the early read on the May jobs report is supportive. To get a...

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,...

Russia’s war on Ukraine could shake up global trade blocs. Here are the winners and losers

Aerial view of shipping containers and cranes at Qingdao Port on May 30, 2022 in Qingdao, Shandong Province of China.Han Jiajun | Visual...

Stocks making the biggest moves premarket: Hormel, Ciena, GameStop and more

Check out the companies making headlines before the bell:Hormel (HRL) – Hormel added 1.7% in premarket trading after beating top and bottom-line estimates...

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...

Wall Street veterans offer 3 trading strategies for investors worried about a recession

Countries like the U.S. and U.K. are grappling with inflation that has risen to multi-year highs as the Ukraine war has caused energy...

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