Breaking News: Markets

John Williams, Chief Executive Officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019.Carlo Allegri | ReutersNEW YORK — New York Federal Reserve President John Williams on Tuesday cautioned that…

US Treasury Secretary Janet Yellen listens during a signing ceremony for the Indonesia Infrastructure and Finance Compact, at the International Monetary Fund (IMF) headquarters in Washington, DC, on April 13, 2023.Stefani Reynolds | AFP |…

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, 2022.Evelyn Hockstein |…

The price of ether jumped on Friday as investors gambled on crypto's newest memecoins.Ether closed higher by 5.61% at about $1,990, according to Coin Metrics. It's still below the key $2,000 level it briefly broke through in April following…

The Good Brigade | Digitalvision | Getty ImagesThe unemployment rate slipped for Black and Hispanic workers in April, but it remained stable for Asian workers.The U.S. unemployment rate inched down to 3.4% last month, according to the U.S.…

Broad job gains across the economy helped the labor market show resilience in the face of a banking crisis and growing recessionary concerns.Nonfarm payrolls increased by 253,000 in April, according to data from the Bureau of Labor…

Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday.Nonfarm payrolls increased 253,000 for the month, beating Wall Street estimates for growth of 180,000,…

Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy in…

Bitcoin is under pressure as the Federal Reserve has indicated that rates could go higher than expected and after a major crypto-focused lender, Silvergate Capital, collapsed.Jonathan Raa | Nurphoto | Getty ImagesCryptocurrencies took a dip…

Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport.Mike Stone | ReutersAmerican Airlines pilots have voted overwhelmingly to allow their labor union to call a strike while the…