Tag: Washington news

Fed minutes: Most officials favored a rate cut in September if inflation continued to cool

WASHINGTON -- Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in...

Government: US economy added 818,000 fewer jobs than first reported in year that ended in March

WASHINGTON -- The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said...

FTC's bid to ban noncompete agreements rejected by federal judge in Texas

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees...

Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates

WASHINGTON -- Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market...

Asian stocks are mixed after Wall Street's best week of the year

Asian stocks were mixed Monday as investors ponder the upcoming meeting of the Federal Reserve, following Wall Street's best week since November with...

Harris campaign reserves $370M in ads after Labor Day, including battleground state push

WASHINGTON -- Vice President Kamala Harris ' campaign says it is reserving $370 million in advertising to run between Labor Day and Election...