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Biden administration announces $5B commitment for research and development of computer...

WASHINGTON (AP) – The Biden administration on Friday announced the investment of $5 billion in a newly established public-private consortium aimed at supporting research and...

Job gains and free-spending shoppers lifted Wall Street in 2023, but...

NEW YORK (AP) – Job gains and raises helped power solid economic growth in the U.S. last year, but what if those gains were a mirage?  Gross...

U.S. applications for jobless benefits fall to lowest level since September...

The number of Americans applying for unemployment benefits last week fell to its lowest level in more than a year, underscoring the resilience of...

Wholesale inflation in U.S. declined last month, signaling that price pressures...

WASHINGTON (AP) – Wholesale inflation in the United States fell in December, further evidence that price pressures in the economy are easing.  The Labor...

Food, housing prices fuel U.S. inflation in December

WASHINGTON (AP) – Higher rents and food prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to...

U.S. employers add a surprisingly strong 216K jobs in December

WASHINGTON (AP) – The nation's employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the...

U.S. applications for unemployment benefits fall again as job market continues...

The number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates. Jobless claims...

U.S. job openings fell slightly in November but remain high by...

WASHINGTON (AP) – America's employers posted 8.8 million job openings in November, down slightly from October and the fewest since March 2021. But demand...

U.S. applications for jobless benefits rise but labor market remains solid

More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy. Jobless claims rose to...

Wholesale inflation in U.S. slowed further last month, signaling that price...

Wholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy's pipeline are continuing to gradually ease. The Labor...
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