Your Pulse On America: Live And Unfiltered
Private payrolls saw their biggest decline in 2½ years during September, a further sign of labor market weakening that compounds the data blackout accompanying the U.S. government shutdown. Companies shed a seasonally adjusted 32,000 jobs during the month, the biggest slide since March 2023, payrolls processing firm ADP reported Wednesday. Economists surveyed by Dow Jones…
Consumer confidence edged lower in September ahead of an expected data blackout caused by the looming federal government shutdown, the Conference Board reported Tuesday. The board’s headline confidence index registered a 94.2 reading, off 3.6 points from the August reading and below the Dow Jones estimate for 96.0. The reading was the lowest since April…
A view of the U.S. Capitol on September 29, 2025 in Washington, DC. Anna Moneymaker | Getty Images For all the political firestorms they generate, government shutdowns historically have been nonevents for both markets and the economy. This time, though, could be different. That’s because President Donald Trump’s threat to make some federal government furloughs…
The US Capitol is seen in the background as signage for US Department of Labor is seen in Washington, DC on August 4, 2025. Jim Watson | Afp | Getty Images The Labor Department is preparing for what would amount to a news and data blackout should the U.S. government suspend operations. In a contingency…
Breakfast cereals are displayed for sale in Medford, Massachusetts, U.S., April 22, 2025. Brian Snyder | Reuters Core inflation was little changed in August, according to the Federal Reserve’s primary forecasting tool, likely keeping the central bank on pace for interest rate reductions ahead. The personal consumption expenditures price index posted a 0.3% gain for…
A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the…
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters Federal Reserve Chair Jerome Powell said Tuesday that weakness in the labor market is outweighing concerns about stubborn inflation,…
Chicago Federal Reserve President Austan Goolsbee expressed caution Tuesday about lowering interest rates as the U.S. economy grapples with the forces of slower growth and a weaker labor market. While he joined the rest of the Federal Open Market Committee last week in voting to cut the central bank’s key borrowing rate, he told CNBC…
Federal Reserve Governor Stephen Miran told CNBC on Friday that he spoke only briefly to President Trump before this week’s interest rate decision and was not pressured on how to vote. Miran, who voted against the quarter percentage point reduction in favor of a move twice that size, said he made his decision independently. “He…
Minneapolis Federal Reserve President Neel Kashkari said Friday that he expects President Donald Trump’s tariffs to expert minimum long-term pressure on inflation, leaving room for multiple interest rate reductions ahead. In a CNBC interview, the central banker detailed reasons why he would like the Fed to lower its benchmark borrowing level at each of the…