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Tag: U.S. Labor Department

UNITED STATES HIRING ROSE in June, but wage growth did not perform to expectations. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

Wage weakness amid solid hiring adds to U.S. economic puzzle

Economic Activity
NEW YORK - United States hiring picked up in June while wage gains disappointed yet again, a mix that may continue to be a...
FEDERAL RESERVE OFFICIALS were split on when and how to shrink the Federal Reserve's balance sheet, minutes from the Fed's June meeting showed. / BLOOMBERG FILE PHOTO/JOSHUA ROBERTS

Fed officials divided on when to begin balance-sheet unwind

Economic Activity
NEW YORK - A divided Federal Reserve policy committee couldn’t reach an agreement in June on the timing of when to begin shrinking its...
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