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Wealthier Americans are driving retail spending and powering U.S. economy 

WASHINGTON (AP) – It's a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores...

U.S. shoppers spent more at retailers last month in latest sign...

WASHINGTON (AP) – Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values...

Wholesale inflation remained cool last month in latest sign that price...

WASHINGTON (AP) – Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to...

U.S. economy grew at a solid 3% rate last quarter, government...

WASHINGTON (AP) – The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the...

American consumers are feeling less confident as concerns about jobs take...

WASHINGTON (AP) – American consumers are feeling less confident this month as concerns about jobs rose significantly.  The Conference Board, a business research group, said Tuesday that...

Will the Federal Reserve cut interest rates fast enough to deliver...

WASHINGTON (AP) – American consumers and homebuyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised...

U.S. hiring rebounds slightly and unemployment rate dips in sign of...

WASHINGTON (AP) – Hiring by America's employers picked up a bit in August from July's sluggish pace, and the unemployment rate dipped for the first...

U.S. job openings fall as demand for workers weakens 

WASHINGTON (AP) – America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in the...

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...

U.S. economic growth for last quarter is revised up to a...

WASHINGTON (AP) – The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government...
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