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U.S. inflation likely cooled again last month as Fed prepares to assess interest rates

U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of consumer price increases in the United States. ....

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U.S. employers added a solid 199,000 jobs in November in sign of a still-sturdy labor market

The nation's employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive "soft landing," in which inflation would return to the Federal Reserve's 2% target without causing a steep recession. ....

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Federal Reserve's economic damage is far from over

The Federal Reserve announced last week it would continue its pause in interest rate increases, and the federal government's monthly national jobs report showed a significant decline in hiring. ....

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U.S. employers pulled back on hiring in October, adding 150K jobs in face of higher borrowing rates

The nation's employers scaled back their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market remains resilient despite economic uncertainties and high-interest rates that have made borrowing much costlier for companies and consumers. ....

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Jerome Powell likely to underscore inflation concerns even as Fed leaves key rate unchanged

For the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign. ....

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