Articles filed under Economy
-
US adds a solid 253,000 jobs despite Fed's rate hikesMay 05, 2023 1:00 am - WASHINGTON (AP) - America's employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest ra...
-
The banking crisis isn't over. But how bad will it get?May 04, 2023 1:00 am - NEW YORK (AP) - Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the wor...
-
Why First Republic failed. Are other banks to follow?May 02, 2023 1:00 am - First Republic Bank has become the second large regional bank with assets over $200 billion to fail in just a few weeks. Like Silicon Valley Bank, which was seized by th...
-
Inflation pressures remain persistent as consumers pull backApr 28, 2023 1:00 am - WASHINGTON - Key measures of prices and wages remained high in March, keeping the Federal Reserve on track to raise interest rates next week for the 10th time since Marc...
-
U.S. economy grew at weak 1.1% rate in Q1 in sign of slowdownApr 27, 2023 1:00 am - WASHINGTON - The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and...
-
Illinois' push to clean energy has been re-energized by 2021 lawApr 15, 2023 1:00 am - For Jon Carson, founder of solar developer Trajectory Energy Partners, the impact of the state's massive climate bill — the Climate and Equitable Jobs Act or CEJA — has ...
-
Cheaper gas and food provide some relief from U.S. inflationApr 12, 2023 1:00 am - WASHINGTON - U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging...
-
Fifth Third Private Bank managing director to speak at Economic Outlook BreakfastApr 11, 2023 11:00 pm - Economic Outlook Breakfast Thomas Jalics, managing director, chief investment strategist and senior vice president for Fifth Third Private Bank, will be the keynote...
-
Unemployment fell to 3.5% under Biden. For how much longer?Apr 08, 2023 1:00 am - WASHINGTON (AP) - President Joe Biden keeps seeing good economic news and bad public approval ratings. The unemployment rate fell to 3.5% in March. More than 236,000 job...
-
U.S. adds 236,000 jobs despite Federal Reserve's rate hikesApr 07, 2023 1:00 am - WASHINGTON - America's employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Feder...