The central bank is set to announce its decision at 2 p.m. There will be a lot of moving parts, but policymakers are unlikely to do enough to satisfy President Trump.
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Labor strife, pressure on the Fed, a sharp rise in oil prices, but without stagflation and other key elements.
The move underscores the limitations of the Fed’s new approach to setting interest rates.
The spike in oil prices after the drone attacks in Saudi Arabia won’t start a recession. But a sustained surge in energy prices might have a bigger impact.
Union members are pushing for what they see as a fair share of the company’s hefty returns, a decade after its bankruptcy, as negotiations continue.
The assembly plant in Flint, Mich., has produced millions of vehicles and supported generations of workers. Now a strike has rendered it idle.
The World Trade Organization has made a final decision in a 15-year old dispute that now clears the way for the United States to impose tariffs on European products.
Supply disruptions and the risk of future attacks is likely to prop up energy prices, benefiting the oil industry and hurting consumers.
From short-term political and trade war concerns to a long-term lack of “firefighting capability” if the economy dives, things are not poised to get easier for Chair Jerome H. Powell.
Experts say a severe shock to energy markets and the world economy is unlikely. They expect oil and gas prices to rise modestly, if the damage is quickly repaired.
Plus, plaintiffs reached a tentative settlement in a gigantic lawsuit over the opioid crisis
Details were scant, but the move could help ease Chinese food prices and comes as trade talks between the two countries are set to resume next month.
The economy seems to be cooling off. Whether it starts to shrink is the question.
Tens of thousands of workers in and around the capital were here legally because of adversity in their homeland. Now they are fighting to stay.
A class-action suit on behalf of drivers in federal court in California, filed on Wednesday, accused Uber of wrongly classifying drivers under the state’s employment test.
The measure, affecting millions of tenants, is the biggest step in a nationwide surge of initiatives to address rising costs and homelessness.
The U.S. has never cut interest rates below zero, but such a move has been considered. There are some big hurdles.
After state lawmakers voted to extend minimum-wage and other protections to independent contractors, Uber said it would not treat its drivers as employees.
President Trump urged Fed Chair Jerome H. Powell to cut borrowing costs below zero in Twitter posts hours before a key European Central Bank meeting.
Legislation near final approval would affect drivers for ride-hailing services, food-delivery couriers, janitors and others now viewed as contractors.