Articles filed under Economy
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Wholesale price inflation accelerated in August from historically slow paceSep 14, 2023 1:00 am - WASHINGTON - U.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by ...
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High gas prices push up inflation, but prices overall are slowly moving in the right directionSep 13, 2023 1:00 am - WASHINGTON - Inflation jumped last month largely because of a spike in gas prices but other costs rose more slowly, suggesting price pressures are easing at a gradual pa...
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India seeks a greater voice for the developing world at G20 but the Ukraine war may overshadow talksSep 08, 2023 1:00 am - NEW DELHI - It's never been easy for the leaders of the world's largest economies to find common ground, but Russia's war on Ukraine has made it even harder for the Grou...
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US applications for unemployment benefits fall to lowest level in 7 monthsSep 07, 2023 1:00 am - The number of Americans applying for unemployment benefits last week fell to the lowest level in seven months with the labor market seemingly resistant to the higher int...
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White House asks Congress to pass short-term funding to keep government operating, official tells APSep 01, 2023 1:00 am - WASHINGTON (AP) - The White House said Thursday that Congress should pass a short-term funding measure to ensure the government keeps operating after the current budget ...
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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 ...