Tag: Jerome Powell
U.S. jobless claims inch up while benefit rolls lowest since ’73
NEW YORK - U.S. filings for unemployment insurance crept higher while the number of Americans on benefit rolls fell to the lowest level since...
U.S. unemployment headed below 3% unless Fed acts to slow growth
WASHINGTON – U.S. unemployment is primed to fall significantly further and could drop below 3 percent for the first time since 1953, the year...
U.S. added 313,000 jobs in February; wage gains slow to 2.6%
WASHINGTON – U.S. employers added the most workers since mid-2016 as labor-force participation swelled, while below-forecast wages and a downward revision to January’s figure suggest...
Trump says he’ll nominate Jerome Powell to lead Federal Reserve
NEW YORK - President Donald Trump said Thursday he would nominate Jerome Powell to be the next Federal Reserve chairman, saying he had won the respect...
Key U.S. bank regulators say they’re ready to soften rules
NEW YORK - Top U.S. banking regulators are sprinting to ease the Volcker Rule, stress tests and other constraints on Wall Street after the...
