Elisabeth Buchwald

All signs were pointing to a cooling labor market. Instead, the latest jobs report showed the unemployment rate fell to 3.4% in April after 253,000 jobs were added last month.

(CNN) — All signs were pointing to a cooling labor market. Instead, the latest jobs report showed the unemployment rate fell to 3.4% in April after 253,000 jobs were added last month. But hiring isn’t strong across the board, and is concentrated in a handful of industries. “Employers continue to hire for in-demand skills while pulling back […]

Inflation is lower than it was a year ago. But you may not be feeling any less frustrated when you pay your bills.

The Federal Deposit Insurance Corporation is proposing raising the fees banks pay to have depositors' money insured.

The Senate Banking Committee is set to grill executives from failed banks Silicon Valley Bank and Signature Bank. Markets will also be paying close attention to the latest retail sales and housing data for any signs that the economy is slowing.

Congressional lawmakers grilled Federal Reserve Inspector General Mark Bialek Wednesday over possible insider trading among Fed officials in 2020, accusing the nation’s central bank of inaction.

One of the most prominent Latino advocacy groups in the United States, LULAC, is urging people to avoid traveling to Florida ahead of a new immigration law set to go into effect in July.

If the United States defaults on its debt, it would be catastrophic for the economy. Millions of jobs would be impacted, the cost of borrowing money would skyrocket and government benefits many people rely wouldn’t be sent on time.

For the first time since 2007, the Treasury Department is auctioning bills that mature in one day. The department is set to auction $15 billion worth of one-day cash management bills on Friday that will be issued on June 5.

Economists have been closely watching monthly job reports for signs of cracks in the labor market that offer clues on when a recession could start. But their predictions have been tested month after month with stronger-than-expected gains.