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The strong May jobs report shows the U.S. economy is ready for a tighter monetary policy, two experts said Monday.
A senior U.S. official denied a report that President Barack Obama had told a G-7 industrial nations' summit that the strong dollar was a problem.
There is some mystery to why a provision dating back to the 1960s that makes little economic sense remains embedded in the government's spending laws.
The U.S. economy created 280,000 jobs in May, better than expected and likely confirming hopes that growth is back on track after a slow start to the year.
A Fed interest rate hike seems appropriate later this year despite muted growth in the second quarter, a top official said.
U.S. productivity, or output per worker hour, just registered another dismal performance. That has unfortunately become the norm.
The U.S. Labor Department said Friday that the unemployment rate hit 5.5 percent in May, but does that rate tell the real story?
May's strong 280,000 employment gain reaffirmed market expectations that September may be the month when the Fed raises interest rates for the first time in nine years.
LinkedIn's plans to hire 100 data scientists this year underscores the boom in the big data field.
GOP presidential candidate Rick Perry said Friday his initiatives as Texas governor can work anywhere in the United States.
The central bank should delay a rate hike until the first half of 2016 until there are signs of a pickup in wages and inflation, said the IMF.
The number of Americans filing new claims for unemployment benefits fell slightly more than expected, pointing to labor market resilience.
A jump in labor-related production costs is a trend that could spur a rapid increase in inflation.
Job cuts announced by U.S.-based companies declined sharply in May as the energy sector laid off fewer workers.
Private sector job creation swung higher in May after a lackluster April, with companies adding 201,000 positions for the month
U.S. services sector expansion eased for a second straight month in May, pressured by a drop in new business growth.
The U.S. trade deficit narrowed in April as exports of services hit a record high and imports fell.
Economic data do not suggest that the U.S. will see a significant second quarter rebound, Fed Governor Lael Brainard said Tuesday.
The Fed's Stanley Fischer also warned against "bankers' backlash," but said opposition to regulation is "making headway."
U.S. consumer spending was unexpectedly flat in April as households cut back on purchases of automobiles and continued to boost savings.