(Reuters) - U.S. economic activity expanded more slowly from mid July through late August and businesses reported less hiring, signals that underscore why the Federal Reserve is set to lower interest rates later this month. The U.S. central bank's latest temperature check on the health of the economy also showed that inflation pressures increased at a modest pace. Economic activity...

(Reuters) -The U.S. central bank held its benchmark overnight interest rate steady in the 5.25%-5.50% range at the conclusion of its July 30-31 policy meeting, but since then Federal Reserve Chair Jerome Powell has declared the time has come for policy to adjust, signaling that rate cuts are likely to begin at the Sept. 17-18 meeting. Just what size of...

WASHINGTON (Reuters) - U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the reduction on its own is probably not enough for the Federal Reserve to consider a big interest rate cut this month. The Job Openings and Labor Turnover Survey, or JOLTS report, from the Labor Department on Wednesday also...

WASHINGTON (Reuters) - U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the reduction on its own is probably not enough for the Federal Reserve to consider a big interest rate cut this month. The Job Openings and Labor Turnover Survey, or JOLTS report, from the Labor Department on Wednesday also...