Tag: inflation
Federal Reserve is set to cut rates again while facing a...
WASHINGTON (AP) – No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days later is much easier...
U.S. employers added just 12K jobs last month as hurricanes, strikes...
WASHINGTON (AP) – America's employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes...
U.S. job openings fell to lowest level since January 2021
WASHINGTON (AP) – U.S. job openings tumbled last month to their lowest level since January 2021, a sign that the labor market is losing some momentum....
Wealthier Americans are driving retail spending and powering U.S. economy
WASHINGTON (AP) – It's a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores...
U.S. shoppers spent more at retailers last month in latest sign...
WASHINGTON (AP) – Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values...
U.S. inflation reaches lowest point since February 2021, though some price...
WASHINGTON (AP) – Inflation in the United States dropped last month to its lowest point since it first began surging more than three years...
More Americans file for unemployment benefits, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels.
The Labor Department reported Thursday that applications for...
The Fed sees its inflation fight as a success. Will the...
WASHINGTON (AP) – With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it's all...
U.S. consumer sentiment ticks higher for second month but remains subdued
WASHINGTON (AP) – Americans' outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such...
Average rate on a 30-year mortgage falls to 6.20%, lowest level...
The average rate on a 30-year mortgage in the U.S. fell this week to its lowest level in 19 months, reflecting a pullback in...
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