Tag: U.S. economy
Government shutdown threatens to stall the recovery in the IPO market
NEW YORK (AP) – The U.S. government shutdown is waving a caution flag at private companies racing to make the move to the public...
U.S. consumer confidence declines again as Americans fret over prices, job...
WASHINGTON (AP) – U.S. consumer confidence declined again in September as Americans’ pessimism over inflation and the weakening job market continued to grow.
The Conference Board...
Fed’s favored inflation gauge accelerates slightly in August
WASHINGTON (AP) – The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
The Commerce Department reported Friday that its personal...
U.S. economy expanded at a surprising 3.8% pace in the second...
WASHINGTON (AP) – An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported...
Federal Reserve cuts key rate by a quarter-point, signals 2 more...
WASHINGTON (AP) – The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this...
Prices in the U.S. supply line before they hit consumers unexpectedly...
WASHINGTON (AP) – U.S. producer prices fell unexpectedly last month, dropping 0.1% from July.
The Labor Department reported Wednesday that its producer price index –...
U.S. economy grew stronger in second quarter than initially thought
WASHINGTON (AP) – The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars.
In an upgrade from its first...
Powell signals Fed may cut rates soon even as inflation risks...
JACKSON HOLE, Wyo. (AP) – Federal Reserve Chairman Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate...
Fed minutes: Most officials worried about inflation moving higher
WASHINGTON (AP) – Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job...
U.S. inflation unchanged last month, though core prices accelerated
WASHINGTON (AP) – U.S. inflation was unchanged in July while a measure of underlying inflation rose to its highest level in five months as...
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