02:22 PM EDT, 03/22/2024 (MT Newswires) -- State-level data from the Bureau of Labor Statistics showed the unemployment rate rose in three states in February, fell in three states and held steady elsewhere. The gains were in Rhode Island, Connecticut, and Washington, while there were declines in Tennessee, Wisconsin, and Massachusetts. North Dakota had the lowest jobless rate in February,...

02:26 PM EDT, 03/22/2024 (MT Newswires) -- Federal Reserve Chairman Jerome Powell (voter) and other Fed officials held a Fed Listens event Friday, but did not make any comments on the state or future of monetary policy or the economy. Powell noted that the impact of the pandemic can still be seen in many communities, so it is necessary for...

03:36 PM EDT, 03/22/2024 (MT Newswires) -- The Federal Reserve likely remains on track to start lowering its benchmark lending rate at some point this year, though a steep rise in inflation could prompt it to shelve the idea of rate cuts and even consider further policy tightening, Stifel said Friday. On Wednesday, the central bank's Federal Open Market Committee...

WASHINGTON, March 22 (Reuters) - The U.S. Senate should quickly pass the $1.2 trillion government funding bill approved by the House of Representatives on Friday to avert a government shutdown, White House spokesperson Karine Jean-Pierre said. ...