Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The Federal Reserve has told Wall Street banks that they won’t need to submit data for climate stress tests, according to ...

The Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in a severe recession.

(Reuters) - U.S. Federal Reserve Vice Chair Philip Jefferson on Wednesday said he is content to keep the central bank's policy rate in its current position until policymakers get a better sense of the ...

Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...

Alexandre Arnault is taking a key role at LVMH's $6 billion wine and spirits business just as U.S. President Donald Trump ...

European stocks saw some profit taking in late afternoon trades on Friday, but the major markets in the region still managed to close ...

Equity markets were mixed Wednesday as attention turned away from tech stocks to the outlook for monetary policy, with the ...

France's largest conglomerate LVMH is turning its eyes the the United States in order to avoid higher taxation in Europe.

After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid ...

Japan’s stance is at odds with the loosening trends adopted by the U.S. Federal Reserve and the European Central Bank, which have been cutting rates after raising them to clamp down on inflation.