U.S. employers maintained a solid pace of hiring for a second straight month in March, further evidence the economy was shifting into higher gear after a brutally cold winter.
The U.S. economy likely created jobs at the fastest pace in four months in March as it shifted into a higher gear after being held back by a brutally cold winter.
The U.S. unemployment rate will fall below 6 percent by the end of this year, a Federal Reserve official says, offering a bullish view on the country's economy.
The Federal Reserve dropped a key measure as its definitive yardstick for gauging the economy's strength and will rely on numerous data to determine interest rates.
The FOMC concludes its two-day policy-setting session, and is widely expected to continue its current path of tapering while holding its benchmark interest rate near zero.
Federal Reserve Chair Janet Yellen vows to "do all that I can" to boost a U.S. economy where unemployment is too high and inflation is too low.
Job creation last month was shockingly weak, but analysts couldn't really explain why -- other than to blame the weather -- which left investors unsure how to react Friday.
Expired federal jobless benefits unexpectedly cleared an early hurdle Tuesday, offering a glimmer of hope to the long-term jobless and their families.
Investors in U.S. stocks will look to Washington this week, awaiting key jobs data and minutes from the Federal Reserve's most recent meeting.
Whether the Fed begins tapering its stimulus in December, January, or March is not that big of a deal anymore -- and here's why.
October's jobs report is expected to be one of the weakest of the year, distorted by the impact of the 16-day government shutdown.
October's delayed employment report and the first read of third-quarter GDP will probably show the U.S. labor market slowed again last month and the economy lost steam.
The Federal Reserve extended its support for a slowing U.S. economy Wednesday, saying it will keep buying $85 billion in bonds per month for the time being.
To get an idea of how Janet Yellen will steer the ship that is the U.S. economy once she takes her seat as Fed chair, let's take a look at what she has already done.
Worries over whether delaying a pull back in the Federal Reserve's bond buying stimulus would confuse markets made a decision by Fed officials a close call.
The latest victims of the government shutdown? Policy wonks, politicians and TV talking heads who are losing the opportunity to dissect the monthly jobs report.
New York Fed President Bill Dudley says the decision by the Federal Reserve not to reduce its stimulus shouldn't have surprised markets.
The Federal Reserve is preparing to ease the throttle on its historically easy monetary policy at a time when the economy remains in a decidedly unsettled position.
U.S. job growth was less than expected in August and the unemployment rate dropped to a 4½ year low as workers gave up the search for work.