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The Fed maintains they are not considering a half-point cut in September, but many think such a large move is in order.
While some employees are happy to comply, others worry about everything from partners' jobs to childcare options to the political climate in Arkansas.
Unemployment is close to triggering a recession indicator that has a perfect track record over the last half-century.
Deterioration in the labor market cements the Fed's path to interest rate cuts in September.
"The press conference today basically tells you that September [rate cuts are] going to happen unless the economic outlook changes materially."
The streaming giant sold $1.8 billion of debt in two parts.
The US Treasury's updated plans for debt sales, a signature event for bond dealers every quarter, now loom also as a politically sensitive one, after…
"There's a tremendous amount of pain and many, many companies that are going bust because of the Fed's monetary policy."
The Federal Reserve's preferred measure of underlying U.S. inflation rose at a tame pace in June and consumer spending remained healthy—two encouraging…
GDP increased at a 2.8% annualized rate, while personal spending advanced 2.3%. "This is a perfect report for the Fed."
