Chairman Mark Bertolini said that newly appointed CEO Dan Schulman is working on a plan to turn the company around amid ...

After a brief pop on Friday, stock prices fell in response to the weak employment report. The report makes a rate cut from the Fed more likely later this month. A recession is also becoming an ...

The stock market is booming despite some worrying signals on jobs and new reports showing consumer prices rising. But investors are betting the Federal Reserve will cut interest rates next week. New ...

The government shutdown has delayed the Bureau of Labor Statistics’ jobs report, but private data suggests the market remains challenging, though there are a few bright spots for job seekers. In the ...

The Dow Jones index fell Thursday, following a record high in the previous session after news of the U.S. government shutdown ...

The federal government shutdown canceled a second straight jobs report, but private data sources suggest the labor market has ...

The latest U.S. jobs report confirms employers are dramatically slowing down their hiring, with only 22,000 jobs added in August. Economists expected 80,000 jobs to be added last month. At Twin Cities ...

Welcome to jobs Friday — except there’s no U.S. employment report today. Blame the latest government shutdown in Washington. That’s not to say Wall Street and the Federal Reserve are flying blind.

The local share market takes another leg lower as labour force figures pour cold water on rate cut expectations. Look back on the day's financial news and insights from our specialist business ...

White House economic adviser Kevin Hassett blamed the job losses on a reduction of economic output during the shutdown.

The U.S. Federal Reserve will again lower its key interest rate by 25 basis points next month to underpin a weakening labor ...