While Wall Street prepares for the prospect of a more aggressive Federal Reserve, Bank of America CEO Brian Moynihan has a reassuring message for anxious investors. Despite Bank of America’s issuing the most hawkish forecast on Wall Street — predicting three interest rate hikes under Federal Reserve Chair Kevin Warsh…

Companies in the private sector added 98,000 jobs in June, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 118,000 jobs and down from the prior month’s unrevised 122,000 payrolls figure.Which industries are hiring the most workers, according…

The Bureau of Labor Statistics has taken steps to address issues that led to the release of key economic data at improper times in 2024, though a watchdog said it has more work to do in establishing safeguards. A report by the Labor Department’s inspector general looked at a trio…