Tag: bloomberg news

US employers scaled back hiring in April and the unemployment rate unexpectedly rose, suggesting some cooling is underway in the ...

The Federal Reserve signaled fresh concerns about inflation while indicating it was likely to keep borrowing costs elevated for longer ...

US Bank is issuing $2.5 billion of credit-linked notes tied to a pool of auto loans. It’s the first time ...

US consumer confidence dropped to a five-month low in October, weighed down by dimmer views of business conditions and concerns ...

Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and ...

Ford Motor Co. is slashing prices on the electric version of its best-selling F-150 pickup by as much as 17%, as ...

Corners of the consumer and corporate market are beginning to feel the pain from the Federal Reserve’s ultra-aggressive rate hikes, even though ...

The jump in used-car costs that propped up US inflation last month is widely expected to swing into reverse in ...