Tag: U.S. economy
U.S. economy is in a good place, but the Federal Reserve...
WASHINGTON (AP) – The U.S. economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of...
U.S. producer prices rise modest 2.6% in May with inflationary pressures...
WASHINGTON (AP) – U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
The Labor Department reported Thursday...
Hiring in the U.S. slows, yet employers added a solid 139K
WASHINGTON (AP) – U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump's trade wars.
Hiring fell...
U.S. economy falls 0.2% in first quarter, an upgrade from initial...
WASHINGTON (AP) – The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President...
U.S. consumer confidence rebounds after five straight months of declines
WASHINGTON (AP) – Americans' views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level...
Lardaro: R.I.’s March economy the worst since the Great Recession
PROVIDENCE – Rhode Island's March economic performance was its worst since the Great Recession in 2008, University of Rhode Island economist and professor Leonard...
Federal Reserve official sees signs of slowing economy but not ready...
WASHINGTON (AP) – A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused some businesses to...
U.S. applications for jobless benefits fall despite uncertainty over Trump tariffs
WASHINGTON (AP) – The number of Americans applying for unemployment benefits fell last week despite heightened uncertainty about how President Donald Trump's tariffs will...
Federal Reserve leaves key interest rate unchanged
WASHINGTON (AP) – The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and...
Federal Reserve likely to defy Trump, keep rates unchanged this week
WASHINGTON (AP) – The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands...
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