Tag: Federal Reserve
December retail sales fall 1.1% as inflation takes a toll
NEW YORK (AP) – Americans cut back on spending in December, the second consecutive month they've done so, underscoring how inflation and the rising...
U.S. wholesale inflation slowed further in December to 6.2%
WASHINGTON (AP) – Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful...
Bank of America profits rise; bank warns of slowing economy
NEW YORK (AP) – Bank of America's fourth-quarter profits rose slightly from a year ago, as higher credit costs and potentially bad loans more...
U.S. consumer inflation eased again to 6.5% in December
WASHINGTON (AP) – Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation's grip on the economy will continue to ease this...
U.S. hiring stays brisk as employers add 223,000 jobs
WASHINGTON (AP) – America's employers added a solid 223,000 jobs in December, evidence that the economy remains healthy yet also a sign that the...
U.S. jobless claim applications fall to lowest in 14 weeks
WASHINGTON (AP) – The number of Americans applying for jobless benefits fell to the lowest level in more than three months last week, reflecting...
U.S. job openings fell slightly in November yet still high
WASHINGTON (AP) – U.S. job openings slipped in November but remained high suggesting businesses remain determined to add workers, a blow to the Federal...
Applications for U.S. unemployment aid hold steady
WASHINGTON (AP) – The number of people seeking unemployment benefits rose only slightly last week with the labor market remaining strong despite the Federal...
Fed raises key rate by half-point and signals more to come
WASHINGTON (AP) – The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and...
U.S. inflation slowed sharply to 7.1% over past 12 months
WASHINGTON (AP) – Inflation in the United States slowed again last month in the latest sign that price increases are gradually cooling despite the...
- Featured Event -
