Tag: Recession
Fed welcomes a ‘soft landing’ even if many Americans don’t feel...
WASHINGTON (AP) – When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the...
This is what a soft landing should look like
What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But then – in...
U.S. added just 114K jobs in July, unemployment rate hits 4.3%
WASHINGTON (AP) – U.S. hiring decelerated sharply last month in the face of high interest rates as employers added an unexpectedly weak 114,000 jobs.
Friday's Labor...
American consumers feeling more confident in July as expectations of future...
American consumers felt more confident in July as expectations over the near-term future rebounded. However, in a reversal of recent trends, feelings about current...
Federal Reserve’s preferred inflation gauge shows price pressures easing further
WASHINGTON (AP) – A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are...
New inflation figures are good sign for economy
The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news.
That’s the message I took away...
U.S. employers added a surprisingly robust 303K jobs in March in...
WASHINGTON (AP) – America's employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that...
Consumer confidence slips in February as anxiety over potential recession reappears
American consumers are feeling less confident this month as concerns over a possible recession grew despite the most recent data pointing to a healthy...
What recession? Professional forecasters raise expectations for U.S. economy in 2024
NEW YORK (AP) – This year looks to be a much better one for the U.S. economy than business economists were forecasting just a...
Robots and happy workers: Productivity surge helps explain U.S. economy’s surprising...
WASHINGTON (AP) – Trying to keep up with customer demand, Batesville Tool & Die began seeking 70 people to hire last year. It wasn't...