News

Some think that the short-term definition of "neutral" should be higher than the Fed's long-term estimate of 2.5 percent.

Contrary to public pronouncements, an internal report prepared for the Russian government predicts that the country may face a longer and deeper recession as the impact of U.S. and European sanctions spreads.

Commerce Secretary Gina Raimondo said the grants are for manufacturing, clean energy, farming, and biotech.

A resolution was adopted to restrict the use of sustainability factors in making investment decisions in the Florida Retirement System defined-benefit plan.

Tomorrow's U.S. Department of Labor jobs report might "put a stamp of confirmation" on indications that the economy is very resilient—and convince the Fed to initiate another 75 bps increase in interest rates.

According to ADP, "we could be at an inflection point, from supercharged job gains to something more normal."