WSKY Audio On Demand

Employment figures

Federal Reserve Chair Jerome Powell presents the monetary policy report to the Senate Banking Committee, July 11, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 11, 2019 - 3:34 pm

Powell sends further signals of future rate cuts

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what it can to "keep it there." Powell's comments before the Senate Banking Committee...
Read More
FILE - In this June 18, 2019, file photo specialist Dilip Patel works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 10. (AP Photo/Richard Drew, File)
July 10, 2019 - 11:46 am

Stocks rise, led by tech sector, as Fed signals rate cut

Stocks moved higher Wednesday as Wall Street welcomed new signals from the Federal Reserve that the central bank is ready to cut interest rates for the first time in a decade. Fed Chairman Jerome Powell said that many Fed officials believe a weakening global economy and rising trade tensions have...
Read More
In this Monday, July 1, 2019 photo, a help wanted sign appears on a bus stop in front of a McDonald's restaurant in Miami. On Tuesday, July 9, the Labor Department reports on job openings and labor turnover for April. (AP Photo/Wilfredo Lee)
July 09, 2019 - 10:41 am

US job openings fell 0.7% in May

WASHINGTON (AP) — Job openings posted by U.S. employers slipped 0.7% in May, while hires that month tumbled 4.4% in a sign that the job market may be cooling slightly. The Labor Department says employers posted 7.3 million jobs in May. They hired 5.7 million, down from the record 6 million achieved...
Read More
Indian Finance Minister Nirmala Sitharaman, center, and junior Finance Minister Anurag Thakur, left, stands for the media at the parliament house before presenting the annual federal budget in New Delhi, India, Friday, July 5, 2019. India's government says the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year. (AP Photo/Manish Swarup)
July 05, 2019 - 7:19 am

India plans infrastructure investments to lift economy

NEW DELHI (AP) — Indian Prime Minister Narendra Modi's government on Friday proposed heavy investments in infrastructure, the digital economy and job creation to lift a sluggish economy burdened with a 45-year-high unemployment rate of 6.1%. Unveiling a draft budget after a major victory in...
Read More
FILE - In this May 6, 2019, file photo, a woman looks at display boards at the Australian Stock Exchange in Sydney, Australia. Australia's central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low of 1% in a bid to boost the economy. (AP Photo/Rick Rycroft, File)
July 02, 2019 - 1:01 am

Australia's central bank cuts key interest rate 0.25% to 1%

CANBERRA, Australia (AP) — Australia's central bank cut its benchmark interest rate by a quarter of a percentage point on Tuesday to a new record low of 1% in a bid to boost the economy. The cut is the second in consecutive months. Previously the Reserve Bank of Australia had not shifted the rate...
Read More
July 01, 2019 - 6:46 am

Europe's unemployment lowest in more than a decade

FRANKFURT, Germany (AP) — The unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going. Official figures Monday showed the jobless rate declined to 7.5 percent from 7...
Read More
FILE - In this Feb.26, 2013 photo, a job seeker enters a job center (Pole Emploi), in Nice, southeastern France. French President Emmanuel Macron's government has unveiled its plan to tighten the country's unemployment benefits. All major workers unions denounce the reform as unfair and damaging to the country's social system. (AP Photo/Lionel Cironneau, File)
June 18, 2019 - 12:11 pm

France plans to change jobless benefits, unions to protest

PARIS (AP) — French President Emmanuel Macron's government has unveiled plans to make it more difficult for the unemployed to claim benefits, as part of an overhaul of France's labor market that aims to boost the nation's economy. Labor Minister Muriel Penicaud said Tuesday that the changes were "...
Read More
FILE - In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 17, 2019 - 11:59 am

Fed likely to leave rates alone but signal readiness to cut

WASHINGTON (AP) — Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably not quite yet, though. When the Fed issues a policy statement Wednesday and Powell holds a news conference...
Read More
In this Tuesday, June 4, 2019 photo, job applicants line up at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. On Monday, June 10, the Labor Department reports on job openings and labor turnover for April. (AP Photo/Wilfredo Lee)
June 10, 2019 - 10:33 am

US employers hired a record number of people in April

WASHINGTON (AP) — U.S. employers hired the most people on record in April, while the number of open jobs was largely unchanged, evidence that the job market remains solid. The Labor Department says businesses filled 5.9 million jobs in April, 4.2% more than in March and the most since records began...
Read More
In this April 25, 2019 photo, FEMA representative Kristina Pooler, right, talks to Ned Holmes, National Guard Employment Support specialist, about available FEMA jobs, at a job fair in Lincoln, Neb. With federal disaster recovery staffers scrambling to meet needs amid floods, hurricanes and fires, they are now dealing with another issue _ historically low unemployment that's hampering their efforts to hire workers to help with the calamities. (AP Photo/Nati Harnik)
June 09, 2019 - 10:57 am

Strong job market hampers FEMA hiring in flood-hit states

LINCOLN, Neb. (AP) — The Federal Emergency Management Agency is facing an unexpected challenge in meeting the needs of the many people affected by this spring's widespread flooding and violent storms: a strong economy. Tasked with responding to natural disasters that seem ever more frequent and...
Read More

Pages