Tag: Federal Reserve
U.S. consumer price growth slows as inflation shows signs of steady...
WASHINGTON (AP) – Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's...
Suddenly, auto loans popular at credit unions
Frederick Reinhardt immediately noticed something was up – way up – last year shortly after the Federal Reserve began hiking interest rates from nearly...
U.S. applications for jobless benefits highest since October 2021
The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one...
U.S. economic future remains unclear following May jobs report
WASHINGTON (AP) – The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in...
Average long-term U.S. mortgage rate climbs to 6.79% this week, highest...
LOS ANGELES (AP) – The average long-term U.S. mortgage rate climbed this week to its highest level since November, driving up borrowing costs for...
U.S. applications for unemployment benefits tick up slightly as labor market...
The number of Americans filing for unemployment benefits rose slightly last week but remains at healthy levels that continue to show a strong U.S....
Measure of inflation that is closely tracked by the Federal Reserve...
WASHINGTON (AP) – A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the...
U.S. economic growth last quarter revised up to still-tepid 1.3% annual...
WASHINGTON (AP) – The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown...
June pause in rate hikes would be close call for Fed...
WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...
Fewer Americans apply for jobless benefits, labor market still showing strength
NEW YORK (AP) – Fewer Americans applied for jobless benefits last week after a previous spike that some took as a sign that higher...
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