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Biden sees economy avoiding recession, but risks remain 

WASHINGTON (AP) – President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very...

An inflation gauge tracked by the Fed slows to still-high 6%

WASHINGTON (AP) – A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October,...

U.S. revises last quarter’s economic growth up to 2.9%

WASHINGTON (AP) – Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the...

U.S. retail sales rose 1.3% last month, a sign of resilience

WASHINGTON (AP) – Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday...

U.S. wholesale inflation eases to 8%, 4th straight slowdown

WASHINGTON (AP) – Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign...

Inflation will stay despite election results

Soaring inflation was the top issue for a lot of voters heading into the midterms, with most saying Republicans would do a better job...

Will the Fed’s moves spark twin economic threats?

There is wide agreement among economists and market observers that the Federal Reserve’s aggressive interest rate hikes will cause economic growth to grind to...

U.S. consumer inflation eased to 7.7% over past 12 months

WASHINGTON (AP) – Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the...

U.S. employers keep hiring at solid pace, adding 261,000 jobs

WASHINGTON (AP) – America's employers kept hiring briskly in October, adding a substantial 261,000 positions, a sign that as Election Day nears, the economy...

Retail trade group: Holiday sales to slow from last year’s blistering...

NEW YORK (AP) – The National Retail Federation, the nation's largest retail trade group, expects holiday sales growth will slow to a range of...
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