Labor Market News
Yellen Suggests Rate Hike Is Coming but Offers No Timetable
Yellen says 'the case for an increase' in rates has strengthened but offers no timetable
Global Stocks Rise as Investors Weigh Future of US Rates
Global stock markets mostly rose on Tuesday as investors weighed the possibility and timing of another U.S. interest rate increase this year
Asian Stocks Mostly Rise on Hopes for Higher US Rates
Asian shares were mostly higher Tuesday as speculation continued about a U.S. Federal Reserve interest rate hike later this year
WHY IT MATTERS: Income Inequality
THE ISSUE: The rich keep getting richer while more Americans are getting left behind financially. Income inequality has surged near levels last seen before the Great Depression. The average income for the top 1 percent of households climbed 7.7 percent last year to $1.36 million, according to tax
Why the Federal Reserve Is Reluctant to Raise Interest Rates
When the Federal Reserve announced this afternoon that it was going to take the cautious step and leave interest rates unchanged for the time being, it also said that “near-term risks to the economic outlook have diminished.” So what concerns might the Fed have? And why are they being so cautious?
Sen. Jeff Sessions: Trump Will Be a Strong Leader
The Alabama senator talks about trade and immigration in his Republican National Convention speech.
Which NBA team should you sign with in free agency?
NBA Player is a dream job, but it's still a job -- one that comes with all the stuff everyone deals with at work: paychecks, bosses, relocation, co-workers, perks, org charts, workplace culture. And even if you're not getting wined and dined by Gregg Popovich and Pat Riley, the NBA's labor market
Lawmakers Introduce Bill to Help Puerto Rico's Debt Crisis
Lawmakers have introduced legislation to help Puerto Rico alleviate its massive debt crisis -- including allowing employers to pay less than the minimum wage during a specific time period. U.S. Treasury secretary Jack Lew said he was "disappointed" that the measure didn't include some of the Obama
The One Number That Mattered Most in the March Jobless Report
U.S. businesses added 215,000 jobs last month and the unemployment rate ticked up to 5 percent in March from 4.9 percent in February. But there was just one number that mattered most to investors: the labor force participation rate. This rate shows the labor force as a percent of the population. In