Harriet Torry

Although Kevin Warsh declined to give forward guidance at Wednesday’s meeting, he did acknowledge that he heard from Federal Open Market Committee members that they “have some work to do on the price-stability front.” Asked about the impact of artificial intelligence, Warsh said the new technology

Fed Chairman Kevin Warsh told reporters that some of the data the Federal Reserve and other government agencies use is dependent on “old fashioned survey methods” that look very little like the economy in 2026. The new task forces at the central bank will be looking into that, Warsh said. He noted

Federal Reserve Chairman Kevin Warsh wrapped up his first press conference with some insight on the labor market. He said Fed officials broadly view labor markets as stable, although some thought they were “trending better than that.” The three-to-six-month trend, which Warsh said matters more than

Kevin Warsh’s first press conference as Fed chairman lasted about 42 minutes, slightly shorter than what his predecessors tended to average. In 2021, the Fed released research stating the average length of the press conferences under Jerome Powell, Janet Yellen and Ben Bernanke was about 54 minutes

The U.S. economy grew more quickly than earlier estimated during the first three months of the year, updated government data showed Thursday. Gross domestic product, a broad measure of the goods and services produced across the U.S., rose at a 2.1% seasonally and inflation-adjusted annual rate Janu

The US economy added just 57,000 jobs in June, well below economist expectations. The unemployment rate dipped to 4.2%.

The U.S. added 57,000 jobs in June, the Labor Department said Thursday, missing expectations. The unemployment rate ticked down to 4.2% in June. Economists had expected 4.3%.That compared with a gain of 129,000 jobs in May. It was worse than the 115,000 jobs that analysts polled by The Wall Stree

The U.S. economy added fewer jobs than expected in June, with job gains cooling from a strong spurt this spring. The unemployment rate fell to 4.2% in June.

Prices at the pump are still elevated, but pressure is easing, leaving more money to spend on road-trip fun.

The U.S. trade deficit ballooned in May to its widest since March 2025 as the country imported more products like pharmaceuticals, vehicles and