Tag: U.S. economy
Inflation cooled slightly in December though it remains above Fed’s target
WASHINGTON (AP) – Inflation cooled a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly...
DOJ investigation of Fed Chair Powell sparks backlash, support for Fed...
WASHINGTON (AP) – The Trump administration's criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central...
More thrifting and fewer returns, the early trends that defined shopping...
NEW YORK (AP) – The shopping rush leading up to Christmas is over and in its place, like every year, another has begun as...
Consumer confidence slides in December to lowest level since U.S. tariffs...
WASHINGTON (AP) – Consumers' confidence in the economy was shaken in December as Americans grow anxious about high prices and the impact of President Donald...
U.S. economy expands at a surprisingly strong 4.3% annual rate in...
WASHINGTON (AP) – The U.S. economy expanded at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two...
Federal Reserve cuts key rate but signals higher bar for future...
WASHINGTON (AP) – The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may...
Federal Reserve cuts key rate for second time this year
WASHINGTON (AP) – The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up...
Consumer confidence dips modestly in October
WASHINGTON (AP) – Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.
The Conference Board said Tuesday that its...
Firings of federal workers begin as White House seeks to pressure...
WASHINGTON (AP) – The White House budget office said Friday that mass firings of federal workers have started in an attempt to exert more...
Fed minutes: Most officials supported further rate cuts as worries about...
WASHINGTON (AP) – Most members of the Federal Reserve's interest-rate setting committee supported further reductions to its key interest rate this year, according to...
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