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Why Fed worries about the strongest U.S. job market in decades 

Chair Jerome Powell isn't as pleased with the robust U.S. job market as you might think he'd be, and he and the Federal Reserve...

U.S. inflation jumped 8.5% in past year, highest since 1981

WASHINGTON (AP) – Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing...

U.S. jobless claims stay at historically low levels

WASHINGTON (AP) – Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels. Jobless claims fell by 5,000 to 166,000...

U.S. added 431,000 jobs in March in sign of economic health 

America's employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy's resilience in the face of...

More Americans apply for jobless benefits; layoffs still low

WASHINGTON (AP) – More Americans applied for unemployment benefits last week, but layoffs remain at historic lows. Jobless claims rose by 14,000 to 202,000 for...

Key inflation gauge sets 40-year high as gas and food soar

WASHINGTON (AP) – An inflation gauge closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher...

U.S. growth in Q4 revised lower to 6.9%, slower growth to...

WASHINGTON (AP) – The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday,...

American weekly jobless claims at lowest level since 1969

WASHINGTON (AP) – The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S....

Fewer Americans file for jobless claims

WASHINGTON (AP) – Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound. Jobless claims fell...

Fed begins inflation fight with key rate hike, more to come

WASHINGTON (AP) — The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term...

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