Articles filed under Economy
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U.S. slowed hiring but still added a solid 209,000 jobs in June in sign of economy's resilienceJul 07, 2023 1:00 am - WASHINGTON - America's employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, a sign that the economy's resilienc...
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More Americans apply for jobless benefits, but layoffs are not rising significantlyJul 06, 2023 1:00 am - The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve's attempt to cool the labor market by rai...
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U.S. job openings dip to 9.8 million but remain high, showing resilience in labor marketJul 06, 2023 1:00 am - WASHINGTON (AP) - U.S. job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharp...
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U.S. Treasury Secretary Janet Yellen visits China as part of efforts to soothe strained relationsJul 06, 2023 1:00 am - BEIJING - Treasury Secretary Janet Yellen plans to tell Chinese officials Washington wants healthy economic competition but will defend U.S. trade curbs imposed on secur...
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North American trade pact on 3rd anniversary: Optimism is rising for US and Mexican workersJun 29, 2023 1:00 am - WASHINGTON - To President Donald Trump, America's trade relationship with Mexico was intolerable. He seethed over the U.S. trade deficit and the shuttered factories in A...
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Federal Reserve may tighten financial rules after US bank failures, Powell saysJun 29, 2023 1:00 am - WASHINGTON - Federal Reserve Chair Jerome Powell said Thursday that the central bank may have to tighten its oversight of the American financial system in the wake of th...
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US economic growth last quarter is revised up sharply to a 2% annual rateJun 29, 2023 1:00 am - WASHINGTON (AP) - Showing surprising resilience in the face of higher interest rates, the U.S. economy grew at a 2% annual pace from January through March as consumers s...
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President talks up 'Bidenomics' though new poll shows just 34% approve his handling of the economyJun 28, 2023 1:00 am - President Joe Biden made his pitch Wednesday to a skeptical public that the U.S. economy is thriving under what he now touts as "Bidenomics" - even as a new poll showed ...
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Is it a 'richcession'? Or a 'rolling recession'? Or maybe no recession at all?Jun 28, 2023 1:00 am - WASHINGTON (AP) - The warnings have been sounded for more than a year: A recession is going to hit the United States. If not this quarter, then by next quarter. Or the q...
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Weekly U.S. applications for unemployment aid remain relatively elevatedJun 22, 2023 1:00 am - The number of Americans applying for unemployment benefits remained relatively elevated last week, potentially another signal that Federal Reserve rate hikes are beginni...