Economy

The U.S. housing market has suffered from a severe inventory shortage for years now, which continues to drive up prices...

The Federal Reserve laid the groundwork for a September interest rate cut at the conclusion of its two-day meeting Wednesday,...

U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the highest level in nearly three...

The weaker-than-expected July jobs report triggered a reliable recession indicator that Wall Street closely monitors, reigniting concerns about the health...

Job growth sputtered in July as many industries like manufacturing, retail and trade pulled back on hiring. Employers added 114,000...

Billionaire Elon Musk said Sunday the Federal Reserve was "foolish" to not have cut interest rates sooner in the wake...

Economists at Goldman Sachs raised the likelihood of the U.S. economy slipping into a recession within the next 12 months...

Japanese stocks collapsed on Monday in their biggest single day rout since the 1987 Black Monday sell-offs, driven by last...

Chicago Federal Reserve President Austan Goolsbee on Monday said that central bank policymakers will respond to any weakness in the...

Chicago police are looking for a man they say attacked three people with a "hatchet-like object" after he was denied...