Tag: Economy
U.S. inflation reaches a 3-year low as Federal Reserve prepares to...
WASHINGTON (AP) – The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for...
Bargain chains see spending pullback as higher prices squeeze more Americans
Dollar Tree is slashing its full-year earnings and sales forecasts as its customers continue to struggle with higher prices and spend less.
Shares tumbled more...
U.S. job openings fall as demand for workers weakens
WASHINGTON (AP) – America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in the...
Federal Reserve’s favored inflation gauge shows price pressures easing
WASHINGTON (AP) – An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears...
Price controls are a recipe for big problems
One topic in economics where theory and experience are in complete agreement is that price controls don’t work at lowering inflation. In fact, theory...
R.I. ranked 28th in WalletHub’s best states to live ranking
PROVIDENCE – Rhode Island was ranked No. 28 among the best states to live in the U.S., while Massachusetts was named best in the...
This is what a soft landing should look like
What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But then – in...
U.S. inflation slowed again in July, clearing way for interest rate...
WASHINGTON (AP) – Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in...
Federal Reserve keeps interest rates steady, for now
WASHINGTON (AP) – The Federal Reserve said Wednesday that greater progress has been made in reducing inflation to its 2% target, a sign that...
RIPEC: Q2 results show state’s economy continues to move in positive...
PROVIDENCE – Strong results across key economic indicators in the second quarter show that the state’s economy continues to move in a positive direction,...
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