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CONSTRUCTION EMPLOYMENT ROSE BY 61,000 jobs year over year, including work such as is happening here, where workers finish construction on the gaming floor of the Resorts World Catskills casino, hotel and entertainment complex, operated by Empire Resorts Inc. in Monticello, N.Y., in January. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. added 313,000 jobs in February; wage gains slow to 2.6%

WASHINGTON – U.S. employers added the most workers since mid-2016 as labor-force participation swelled, while below-forecast wages and a downward revision to January’s figure suggest...

U.S. stocks sink most since 2011 as rout deepens

NEW YORK – U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the...
REPORTS OF SLOW INFLATION HAVE the market worried that expected additional rate hikes may not happen this year. A rate hike is still expected to be announced on Wednesday. / BLOOMBERG FILE PHOTO/BRENDAN SMIALOWSKI

Traders’ Fed roadmap is upended as inflation miss rocks markets

NEW YORK - While bond and currency traders still see a  Federal Reserve rate hike Wednesday as all but baked in, the latest disappointing...
U.S. INFLATION HAS SLOWED and is now expected to miss the Federal Reserve's year's end inflation target. The soft growth may prevent a second interest rate hike later this year. / BLOOMBERG / JOSHUA ROBERTS

As Fed readies rate rise, inflation slips further from goal

NEW YORK - The worst of the price war in the U.S. mobile-phone market may be over. But the lurch down in inflation it...
FEDERAL RESERVE OFFICIALS opted to leave the Federal Open Market Committee's target range for its benchmark lending rate unchanged at 0.75 percent to 1 percent on Wednesday / BLOOMBERG

Most fed officials see tightening `soon’; June rate hike possible

NEW YORK - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would...
NORTHEAST INFLATION IS SLOWER than the national average according to the Bureau of Labor Statistics in its consumer price index released on Friday. / COURTESY BLS

Consumer price index report shows Northeast inflation slower than national average

PROVIDENCE – Inflation in the Northeast region over the 12 months through April was slower than across the United States. The consumer price index...
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