Jobless claim applications fell by 13,000 to 228,000 for the week ending May 3, the Labor Department said Thursday. That’s in line with the 229,000 new applications analysts forecast.

Federal Reserve officials held interest rates steady for a third-straight meeting and emphasized they see a growing risk of ...

Many economists and Wall Street investors still expect the Fed will reduce rates two or three times this year.

The central bank is expected to hold steady on rates, keeping them at a range of 4.25% to 4.5%. What Fed Chair Jerome Powell ...