The Senate confirmed the second of President Obama’s two nominees, Republican Jerome Powell, to serve on the Federal Reserve Board of Governors in a 74-21 vote on Thursday, bringing the board to full, seven-member strength for t...

The Senate confirmed Jeremy Stein, the first of President Obama’s two nominees to serve on the Federal Reserve Board of Governors, in a 70-24 vote on Thursday.

The latest jobs report is bad news for the economy and for the Obama administration. April’s disappointing payroll numbers confirm that the economy is slowing again on the heels of a winter in which the recovery appeared to be f...

The U.S. economy picked up 115,000 jobs in April as the politically important unemployment rate fell to 8.1 percent, the Labor Department reported on Friday.

The U.S. economy picked up 115,000 jobs in April as the politically important unemployment rate fell to 8.1 percent, the Labor Department reported on Friday.

The number follows a disappointing March report, in which payrol...

Rising fiscal uncertainty ahead of the November elections and lame-duck period could create the climate for the Federal Reserve Board to take action to help the U.S. economy. But as the clock ticks toward November, it will be hard...

The International Monetary Fund issued a rosier outlook for the global economy in its latest World Economic Outlook, published on Tuesday, than its previous edition in September. The WEO is typically prepared twice a year and is t...

An election-focused White House on Monday argued its proposed “Buffett Rule” makes good economic sense, setting the stage for a weeklong attack on Republican front-runner Mitt Romney’s tax plan that the president says benefi...