Discover how efficiency variance reveals the gap between expected and actual inputs in production and its impact on labor, materials, and costs.

Discover how to calculate variable overhead spending variance, its impact on costs, and examples of favorable vs. unfavorable ...

The Federal Reserve will have to go without up-to-date government inflation and jobs data when it decides next month whether to lower interest rates for a third consecutive time. The Bureau of Labor ...

San Francisco Fed President Mary Daly said she supports lowering interest rates at the central bank’s meeting next month because she sees a sudden deterioration in the job market as both more likely ...

The Labor Department said Wednesday it wouldn’t issue complete October jobs data because of the effects of the government shutdown. The longest shutdown on record, which ended last week, stopped the ...

The unemployment rate likely increased to 4.4% in September. The labor market is significantly weakening, although it's not collapsing yet, based on alternative data. The Fed is likely to ignore the ...

There is more to Formula 1 than its swift speeds. Behind these thrilling races are integral parts and mechanics that come at a staggering price, all for the sake of victory. Normal cars can be ...

The Federal Reserve is set to make its next interest rate decision today, even as a near-total blackout of federal economic data continues amid the government shutdown. The Labor Department, however, ...

The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, but Chair Jerome Powell hinted that the central bank might pause before further lowering borrowing costs.

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ...

The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ...

Hospital labor costs held steady in August, signaling potential stabilization after several years of volatility. Yet new Kaufman Hall data shows that annual growth remains firmly in place, ...