Federal Reserve System – Page 116

The Week in Business: The 10th Straight Rate Increase

First Republic collapses, and some smaller banks are now facing pressure from investors. Job growth last month was stronger than expected. And debt ceiling talks are set.

By Marie Solis

Banking and Financial Institutions Federal Reserve System Labor and Jobs PacWest Bancorp Standard & Poor's 500-Stock Index United States Economy Wages and Salaries

Bank Stocks Bounce as Investors Rethink Economic Outlook

PacWest and Western Alliance, the banks at the center of the latest phase of the crisis, recouped a chunk of earlier losses, as robust economic data also heartened investors.

By Joe Rennison

Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Wages Grow Steadily, Defying Fed’s Hopes as it Fights Inflation

Pay gains picked up last month, the opposite of what Federal Reserve officials are hoping for as they try to cool inflation.

By Jeanna Smialek

Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Wages Climb Rapidly, Defying Fed’s Hopes as it Fights Inflation

Pay gains picked up last month, the opposite of what Federal Reserve officials are hoping for as they try to cool inflation.

By Jeanna Smialek