U.S. services sector expansion eased slightly in April, but the pace of hiring in the sector accelerated to its highest since last June.» Read More
Despite a strong job market, many Americans still feel that the economic recovery has not really taken hold for them. The Fiscal Times reports.
While the Fed contemplates boosting rates, former Clinton Treasury Secretary Larry Summers tells CNBC policymakers should be more concerned about acting too early than too late.
The Fed should look for "a little more proof than usual" that labor markets are tightening, said Jerome Powell, a central bank governor, in remarks prepared for a Wednesday speech.
Americans' views on the state of the economy improved in the latest CNBC All-America Economic survey.
What the Federal Reserve is likely to do with interest rates is not what it should do, former Pimco co-CEO Mohamed El-Erian tells CNBC.
Closely followed market watcher Jim Grant disputes the argument that there's no harm in the Federal Reserve keeping interest rates near zero percent.
The Federal Reserve can afford to wait until well into next year to raise interest rates, a top Fed official said on Tuesday.
Whether or not March's jobs report points to slowdown is still unclear, New York Fed's William Dudley said Monday.
The U.S. services sector expanded in March at its fastest pace since August, an industry report showed on Monday.
The sputtering U.S. economy created just 126,000 jobs in March as bad weather, weak consumer spending and flailing corporate profits resulted in the worst report since 2013.
The U.S. Labor Department said Friday that the unemployment rate hit 5.5 percent in March, but does that rate tell the real story?
After March's crushingly weak jobs report, markets will be hyper-focused on any clues coming out of the Fed.
March's shockingly weak job growth sent stock futures plunging and bond yields lower, but Wall Street will act on forthcoming spring data.
The number of Americans filing new claims for unemployment benefits unexpectedly fell, suggesting the market continues to expand at a solid clip.
The U.S. trade deficit in February fell sharply, likely as a labor dispute at one of the country's main ports depressed both imports and exports.
The pace of job cuts in the United States slowed significantly in March following two consecutive months of downsizing in excess of 50,000 positions.
Private business job creation decelerated in March as an economic slowdown put a dent in activity.
Atlanta Fed president Dennis Lockhart said that the U.S. remains on track for a rate hike in the June to September period.
Growth in the U.S. manufacturing sector rose to a five-month high in March as output and employment gained, according to an industry report.
Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said he believes a case can be made for an increase in rates relatively soon.