Tag: Recession
Lardaro: R.I. entered a ‘growth recession’ in February
PROVIDENCE – Rhode Island entered a "growth recession" in February, University of Rhode Island economist and professor Leonard Lardaro said Monday in his monthly...
Dow drops 890 as economic worries deepen on Wall Street
NEW YORK (AP) – The U.S. stock market’s sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through...
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that...
WASHINGTON (AP) – The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job...
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....
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...
- Featured Event -
