Business News

(NEW YORK) -- The Federal Reserve held interest rates steady on Wednesday at its first meeting since the U.S.-Israeli war with Iran drove up gasoline prices and risked a wider bout of inflation.The central bank's move marked the second consecutive time it has opted to maintain interest rates at current levels since the outset of 2026. Before that, the Fed cut interest rates a quarter-point three straight times. The decision […]

(NEW YORK) -- Hiring increased sharply at the outset of 2026, the year's first jobs report said, blowing past economists' expectations and besting sluggish performance from the previous year.The U.S. added 130,000 jobs in January, according to the report, which marked a sharp increase from 50,000 jobs added in the previous month.The unemployment rate dropped to 4.3% in January from 4.4% in December, the Bureau of Labor Statistics (BLS) said. Unemployment remains low […]