The Federal Reserve maintained current interest rates as the unemployment rate and layoffs are at historical lows. The Labor Department’s Bureau of Labor Statistics reported that applications for…
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Kevin Warsh, Chair of the Federal Reserve
Kevin Warsh, Chair of the Federal Reserve
Read MoreU.S. Employment Growth Surpasses Expectations in May
Labor market adds 172,000 jobs as unemployment holds steady and wage growth slows. The Bureau of Labor Statistics released data showing that the U.S. economy added 172,000 nonfarm…
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Labor Department Reports Lowest Weekly Unemployment Numbers in Over 5 Decades
The number of U.S. jobless claims fell to the fewest since 1969. The U.S. Labor Department’s Bureau of Labor Statistics released the unemployment benefit applications April 25 that…
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The White House Responds to BLS Consumer Price Index Report
The report shows the inflation rate continuing to cool. The Bureau of Labor Statistics (BLS) issued its Consumer Price Index (CPI) report for January late last week. The…
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DOJ Subpoenas Federal Reserve Chair Over Testimony on Renovations
Senators respond with concerns over the independence of the central bank. Federal Reserve Chair Jerome Powell announced that the U.S. Department of Justice (DOJ) served the central bank…
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Federal Reserve Votes to Lower Interest Rates Again
Chairman says, “I really want to turn this job over to whoever replaces me with the economy in really good shape.” The Federal Reserve Board met this week…
Read MoreLabor Department Releases September Jobs Report Delayed by Shutdown
The report came out nearly a month and a half late due to Congress not neglecting to fund the federal government. The Bureau of Labor Statistics (BLS) released…
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Federal Reserve Lowers Interest Rate for Second Time in 2025
The most recent CPI numbers showed a slightly lower increase in inflation than anticipated. The Federal Reserve reduced the federal interest rate by .25 percent on Wednesday. Chairman…
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Supreme Court Temporarily Halts Firing of Federal Reserve Governor Cook
The justices will hold a hearing in January 2026 to review the case. The Supreme Court did not allow President Donald Trump to immediately fire Federal Reserve Governor…
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