U.S. job growth was unexpectedly solid in June, but nearly half of the increase in nonfarm payrolls came from the government ...

Federal Reserve Bank of New York President John Williams expects slower growth and higher inflation this year due in large ...

Meta Platforms (NASDAQ: META) has soared 8x over the last 10 years, translating to a compound annual growth rate of around 23 ...

Tucson Electric Power Co. is asking its regulators to approve a rate increase, an expanded financial assistance program and annual rate adjustments.

It also projects the unemployment rate will rise to 4.5%, from 4.2% currently. Growth is expected to slow to just 1.4% this year, down from 2.5% last year.

A retrospective on four previous Republican-driven tax-cut packages found that the results always come up short compared to ...

It also projects the unemployment rate will rise to 4.5%, from 4.2% currently. Growth is expected to slow to just 1.4% this year, down from 2.5% last year.

She noted that last year’s income tax rate reduction, as part of House Bill 521, did not harm revenues. “We hope that continues on and we’ll be prepared to react if we need to,” Horman said.

Nationally, the stingiest bosses were in Louisiana, who gave only 2.8% raises late last year. Next was Iowa at 3.2%, New Hampshire at 3.3%, New Jersey at 3.4%, and West Virginia at 3.4%.

The Fed last cut in December, and Treasury yields have held higher throughout the year, putting additional pressure on a budget deficit likely to approach $2 trillion, or more than 6% of GDP.

The benchmark 30-year fixed mortgage now stands at 6.82% after declining 5 basis points since last week. The current rates mark a sizable drop since hitting 7.80% in early October 2023, according ...

China expectedly kept its benchmark lending rates unchanged Friday. The People's Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%. Last month, Chinese authorities cut ...