(Reuters) - A Supreme Court case upending how government regulators do their work thrusts Federal Reserve bank overseers into extended uncertainty and potential risk, although the ruling should not complicate the central bank's ability to provide support to markets in times of stress. The court, in an opinion released on Friday, overturned a precedent that gave deference to regulatory agencies...

(Reuters) - Federal Reserve Bank of New York President John Williams said on Wednesday that the level of interest rates that's neutral in its impact on the economy likely hasn't risen much. Williams was taking stock of what economists refer to as R-Star, the real neutral rate of interest that balances the economy in the long run. This variable helps...

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased last week, pointing to easing labor market conditions. Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 238,000 for the week ended June 29, the Labor Department said on Wednesday. The report was released a day early because of the Independence Day holiday...

02:40 PM EDT, 07/02/2024 (MT Newswires) -- US job openings and layoffs rose in May, while Oxford Economics said that the labor market remained strong enough to allow the Federal Reserve to be patient before cutting interest rates. Vacancies rose to 8.14 million as of the last day of May from April's downwardly revised 7.92 million print, according to the...