Tag: Economy
Federal Reserve cuts key rate by quarter-point
WASHINGTON (AP) – The Federal Reserve cut its key interest rate Wednesday by a quarter-point – its third cut this year – but also...
Retail sales rose at healthy pace last month in latest sign...
WASHINGTON (AP) – Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the...
Federal Reserve is likely to slow its rate cuts with inflation...
WASHINGTON (AP) – Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting....
U.S. inflation ticked up last month but price pressures remain far...
WASHINGTON (AP) – Fueled by pricier used cars, hotel rooms and auto insurance, inflation in the United States moved slightly higher last month while...
U.S. added a strong 227K jobs in November in bounce-back from...
WASHINGTON (AP) – America's job market rebounded in November, adding 227,000 workers in a solid recovery from October, when the effects of strikes and hurricanes...
UNH Poll: Few R.I. residents plan to spend more than last...
PROVIDENCE – Few Rhode Islanders are planning to spend more on holiday gifts in 2024 than they did last year, according to a poll...
U.S. job openings rose last month, though hiring slowed
WASHINGTON (AP) – The number of job postings in the United States rebounded in October from a 3½-year low in September, a sign that...
Is Black Friday still a holiday shopping juggernaut in 2024?
NEW YORK (AP) – Retailers in the U.S. rewarded shoppers who ventured out for Black Friday with giveaways and bigger-than expected discounts on a day that...
Federal Reserve officials signal cautious path for rate cuts amid still-high...
WASHINGTON (AP) – With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about...
U.S. consumer confidence ticks higher on better outlook for hiring
WASHINGTON (AP) – Americans' outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring.
The Conference Board, a...
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