Tag: U.S. economy
Weekly U.S. applications for unemployment aid remain relatively elevated
The number of Americans applying for unemployment benefits remained relatively elevated last week, potentially another signal that Federal Reserve rate hikes are beginning to...
Fed’s Powell: More rate hikes are likely this year to fight...
WASHINGTON (AP) – With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair...
Fed leaves interest rates unchanged for first time in 15 months
WASHINGTON (AP) – The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation....
U.S. economic future remains unclear following May jobs report
WASHINGTON (AP) – The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in...
U.S. applications for unemployment benefits tick up slightly as labor market...
The number of Americans filing for unemployment benefits rose slightly last week but remains at healthy levels that continue to show a strong U.S....
U.S. consumer confidence declines again in May
Consumer confidence fell in May as Americans became more pessimistic about the labor market, on top of elevated anxiety over inflation.
The Conference Board reported...
Measure of inflation that is closely tracked by the Federal Reserve...
WASHINGTON (AP) – A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the...
U.S. economic growth last quarter revised up to still-tepid 1.3% annual...
WASHINGTON (AP) – The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown...
U.S. wholesale price data for April points to easing inflation pressures
WASHINGTON (AP) – Wholesale prices in the United States decelerated last month, the latest sign that inflationary pressures may be easing more than a...
U.S. economy grew at weak 1.1% rate in Q1 in sign...
WASHINGTON (AP) – The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered...
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