News

Employers hired at the fastest pace so far this year in October, creating 271,000 nonfarm jobs. The unemployment rate edged down to 5%. A broader measure of unemployment that includes people who are working part time or not actively looking […]

A mid-December decision to increase interest rates “could be appropriate” if economic growth holds up, Federal Reserve Chair Janet Yellen told the House Financial Services Committee. She stressed that no decision had been made.

The top three policymakers at the US Federal Reserve are scheduled to speak today, and they could use the opportunity to reinforce expectations of an interest-rate boost next month.

Consumers with the lowest levels of understanding about how health insurance works are the least likely to choose the most appropriate plan for their circumstances, and many consumers have trouble making cost-effective selections, studies have shown.

Although still in the minority, some companies are penalizing employees who don’t participate in wellness programs by levying surcharges on them. Critics have raised concerns about data privacy and the fact that some wellness vendors perform more screenings than medical […]

Gross domestic product rose an annualized 1.5% in the third quarter, after climbing 3.9% in Q2, according to the Commerce Department. Economists expect growth to accelerate this quarter, attributing Q3’s slowdown to a temporary glut in inventory.

The Federal Reserve has left interest rates unchanged but says it will consider an increase at December’s meeting. The Federal Open Market Committee has dropped a warning that global financial and economic developments might “restrain economic activity somewhat.”

The budget deal forged between the White House and congressional leaders includes a number of policy changes that would affect businesses and individuals. Among other things, the bill would seek to prevent a cut in Social Security Disability Insurance benefits, […]

The White House has reached a tentative agreement with congressional leaders to suspend the debt limit until March 2017. The deal includes a two-year budget plan that would increase spending by $80 billion through September 2017. The House could vote […]