Articles filed under Economy
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Retail sales rose solidly last month in a sign that consumers are still spending freelyAug 15, 2023 1:00 am - NEW YORK — Americans increased their purchases at retailers last month — for clothing, dining out, online goods and other areas — in a sign that solid consumer spending ...
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Russia's central bank makes huge interest rate hike to try to prop up falling rubleAug 15, 2023 1:00 am - TALLINN, Estonia - Russia's central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and strengthen the ruble after the country'...
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'Bidenomics' delivered a once-in-generation investment. It shows the pros and cons of policymakingAug 15, 2023 1:00 am - WASHINGTON - There are so many dots on the maps they blur into blobs - each one reflecting trillions of public and private dollars flowing in the U.S. this past year to ...
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The lessons of our construction workforce reckoningAug 13, 2023 1:00 am - "Our most valuable asset is our employees" has become an overused cliché in the American business lexicon. As our nation has transitioned from pandemic-related hyperinf...
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British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boostAug 11, 2023 1:00 am - LONDON - The British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in th...
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Number of Americans applying for jobless aid rises, but not enough to cause concernAug 10, 2023 1:00 am - The number of Americans applying for jobless benefits jumped last week, but not enough to raise concern about the consistently strong U.S. labor market. U.S. application...
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From eggs to electronics to used cars, consumer inflation eased its grip on households in JulyAug 10, 2023 1:00 am - WASHINGTON (AP) - Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core infl...
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U.S. inflation has cooled. Getting it down to the Fed's target rate will be the toughest mileAug 08, 2023 1:00 am - WASHINGTON - Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation...
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Here's what it really takes to make Illinois the best place to live and workAug 06, 2023 1:00 am - Last month, Gov. J.B. Pritzker took a trade tour of the United Kingdom aimed at driving opportunities for investment in Illinois. "When I first ran for governor, I promi...
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Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recessionAug 04, 2023 1:00 am - WASHINGTON - The job market has cooled over the summer. But it's still strong enough to defy predictions that higher interest rates would tip the United States into rece...