Articles filed under Economy
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US employers added a solid 187,000 jobs in August in sign of a still-resilient labor marketSep 01, 2023 1:00 am - WASHINGTON (AP) - The nation's employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal...
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Fed's preferred inflation gauge shows a modest rise in latest sign of slowing price increasesAug 31, 2023 1:00 am - WASHINGTON (AP) - An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihoo...
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Job vacancies, quits plunge in July in stark sign of cooling trend in the US job marketAug 29, 2023 1:00 am - WASHINGTON - Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that t...
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Economy's solid growth could require more Fed hikes to fight inflation, Powell says at Jackson HoleAug 25, 2023 1:00 am - JACKSON HOLE, Wyoming - The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a cl...
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Fewer Americans apply for jobless benefits as labor market keeps humming alongAug 24, 2023 1:00 am - Applications for unemployment benefits fell again last week as America's labor market continues to hum along despite attempts by the Federal Reserve to cool the economy ...
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Group of House conservatives unveil demands to support spending bill and avoid shutdownAug 21, 2023 1:00 am - WASHINGTON - House conservatives in a group known as the Freedom Caucus have unveiled a list of demands that they want included in a stopgap spending measure to keep the...
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U.S. jobless claims applications fall as labor market continues to show resiliencyAug 17, 2023 1:00 am - The U.S. labor market continues to flex its muscle as applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rate...
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A resilient stock market helped boost gains for 401(k) savers in the first half of 2023Aug 17, 2023 1:00 am - LOS ANGELES (AP) - A resilient stock market helped boost gains for savers with retirement accounts through the first half of this year. The average 401(k) plan balance s...
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Biden heads to battleground Wisconsin to talk about the economy a week before GOP debateAug 15, 2023 1:00 am - WASHINGTON - In a show of preemptive counterprogramming, President Joe Biden on Tuesday travels to Wisconsin to highlight his economic policies in a state critical to hi...
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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 ...