Tag: inflation
U.S. added 390K jobs in May as hiring remained robust
WASHINGTON (AP) – U.S. employers added a healthy 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under...
U.S. consumer confidence slips in May
SILVER SPRING, Md. (AP) – U.S. consumer confidence edged lower for the second consecutive month as Americans' view of their present and future prospects...
Key inflation gauge slowed to still-high 6.3% over past year
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in...
Fewer Americans applied for jobless benefits last week
WASHINGTON (AP) – Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment benefits already near five-decade lows.
Applications for...
Final-hour rally yanks Wall Street from maw of bear market
NEW YORK (AP) - Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P...
Senate confirms Powell for 2nd term as Fed fights inflation
WASHINGTON (AP) – The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chairman, giving bipartisan backing to Powell's...
U.S. inflation hit 8.3% last month but slows from 40-year high
WASHINGTON (AP) – Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still...
U.S. added 428,000 jobs in April despite surging inflation
WASHINGTON (AP) – America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages,...
How concerned are you that ongoing stock market volatility punctuated by...
After several down sessions the Dow Jones industrial average closed up 932 points, or 2.8%, on May 4. The S&P 500 jumped 3% and...
Fed raises key rate by a half-point in bid to tame...
WASHINGTON (AP) – The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by...
