Martin Crutsinger
U.S. trade deficit jumps to $68.1B in Nov.
WASHINGTON (AP) – The United States trade deficit jumped to $68.1 billion in November, the highest monthly deficit in 14 years, as a surge...
U.S. factories grow at fastest pace since mid-2018
WASHINGTON (AP) – American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic...
Fed keeps rate near zero but sees brighter economy in 2021
WASHINGTON (AP) – The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress – a step...
U.S. economy grew at 33% rate in Q3 but recovery is...
WASHINGTON (AP) – The United States economy grew at a record 33.1% annual rate in the July-September quarter but has yet to fully rebound...
Survey: Business economists see coronavirus resurgence as biggest risk
WASHINGTON (AP) – The United States economy faces risks from a potential resurgence of the coronavirus and from the failure so far of Congress...
Consumer confidence posts solid gain to 101.8 in September
WASHINGTON (AP) – United States consumer confidence rebounded more quickly in September than most economists had expected though they remain far from levels that...
U.S. budget deficit hits record $3 trillion through 11 months
WASHINGTON (AP) – The United States budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year,...
U.S. trade deficit surges in July to highest in 12 years
WASHINGTON (AP) – The United States trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by...
U.S. consumer spending rose a moderate 1.9% in July
WASHINGTON (AP) – United States consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from...
Fed: Rates to stay ultra-low even after inflation picks up
WASHINGTON (AP) – The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates...
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