The last jobs report of 2024 showed the labor market in good shape after the Federal Reserve warned of a more cautious approach to interest rate cuts this year.
A rate cut from the Federal Reserve was already very unlikely this month, and the December jobs report slammed the door shut on any such prospect. Fed officials began cutting rates last September amid ...
An estimated 72.5 million Social Security recipients will benefit from a 2.5 percent increase in their payments this year thanks to the annual cost-of-living adjustment (COLA).