glegorly/iStockBy CATHERINE THORBECKE, ABC News
(WASHINGTON) — The latest tally of weekly jobless claims was 870,000 last week, the Department of Labor said Thursday.
While the number of people filing for unemployment insurance has plateaued in recent weeks, the latest figure shows a concerning uptick of 4,000 compared to the previous week’s revised figure.
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Kevin Dietsch/Getty Images (NEW YORK) — The Federal Reserve on Wednesday is set to unveil its latest decision on the level of interest rates, hoping to guide the economy through a topsy-turvy stretch of slow hiring and
Chip Somodevilla/Getty Images (WASHINGTON) — Twelve policymakers at the Federal Reserve are set to take a high-stakes vote this week on the nation’s benchmark interest rate, attempting to steer the economy through a stormy bout of slow
moodboard/Getty Images (NEW YORK) — Mortgage rates have fallen rapidly in recent months, offering homebuyers an opportunity for some borrowing relief if they move ahead with the big-ticket purchase. The average interest rate on a 30-year fixed
President Donald Trump speaks to Treasury Secretary Scott Bessent while watching the men’s singles finals U.S. Open, September 7, 2025 in New York City. (Kevin Dietsch/Getty Images) (NEW YORK) — Consumer prices rose 2.9% in August compared
