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U.S. applications for jobless benefits increased last week 

WASHINGTON (AP) – More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation...

Resilient U.S. consumers spend slightly more in August 

WASHINGTON (AP) – Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation...

Fed has power to push world into recession

The U.S. Federal Reserve holds inordinate sway over the world’s economies – yet it acts, in some ways, like they don’t really matter. Its power...

Fewer people seek U.S. unemployment aid amid solid hiring

WASHINGTON (AP) – The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high...

U.S. economy drops at 0.6% annual rate from April through June

WASHINGTON (AP) — Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through...

U.S. consumers gaining confidence as gas prices keep falling

WASHINGTON (AP) – U.S. consumers grew more confident for the second month in a row as gas prices continued to fall. The Conference Board said...

How much ‘pain’? Fed to signal more rate hikes ahead 

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed's drive to curb inflation by aggressively...

U.S. wholesale inflation declines in August to still-high 8.7% 

WASHINGTON (AP) – Inflation at the wholesale level jumped 8.7% in August from a year earlier, a slowdown from July yet still a painfully...

Markets shudder on dashed inflation hopes; Dow falls 1,250

NEW YORK (AP) — Stocks tumbled to their worst day in more than two years Tuesday, knocking the Dow Jones Industrial Average down more...

U.S. inflation falls for 2nd straight month on lower gas costs

WASHINGTON (AP) – Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many...
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