Articles filed under Economy
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US applications for unemployment benefits fall again as job market continues to show strengthJan 04, 2024 8:21 am - The number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates. Jobless claims...
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Lt. Gov. Stratton launches statewide initiative to advance financial health, well-being of womenDec 12, 2023 2:51 pm - Lt. Gov. Juliana Stratton is launching a new initiative dedicated to advancing women’s financial wholeness: We Thrive. We Thrive is focused on fostering financial health,...
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US consumer inflation eased slightly in November as gas prices fell, though some costs kept surgingDec 12, 2023 12:00 am - WASHINGTON - U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of consumer price increases in the United States. At the sa...
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Fed is set to leave interest rates unchanged while facing speculation about eventual rate cutsDec 11, 2023 12:00 am - WASHINGTON - With inflation edging closer to the Federal Reserve's 2% target, its policymakers are facing - and in some cases fueling - hopes that they will make a decis...
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Biden goes into 2024 with the economy getting stronger, but voters feel horrible about itDec 11, 2023 12:00 am - WASHINGTON - President Joe Biden goes into next year's election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible ...
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US employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor marketDec 08, 2023 12:00 am - WASHINGTON (AP) - The nation's employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive "sof...
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Filings for jobless claims tick up modestly, continuing claims fallDec 07, 2023 12:00 am - U.S. applications for jobless benefits ticked up last week, but the overall number of people in the U.S. collecting unemployment benefits fell after hitting its highest ...
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Manzo: A child tax credit can reduce child poverty and grow Illinois' economyDec 06, 2023 12:00 am - As we approach the holiday season and the end of year, there is much good news for the economy. The U.S. economy grew by more than 5% annualized last quarter. Wages are ...
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Fed's Powell notes inflation is easing but downplays discussion of interest rate cutsDec 01, 2023 12:00 am - WASHINGTON - Inflation is slowing steadily, but it's too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell sa...
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The world economy will slow next year because of inflation, high rates and war, OECD saysNov 29, 2023 12:00 am - WASHINGTON (AP) - The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflati...