Government, Business

US Inflation Cooled in May

WASHINGTON — Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that occurred early this year may have passed. 

Christopher Rugaber | Associated Press
June 12, 2024
Government, Business

Employers Added a Robust 272,000 Jobs in May

WASHINGTON — America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring.

Christopher Rugaber | Associated Press
June 7, 2024
Government, Business

Inflation Gauge Rises at Slowest Pace This Year

WASHINGTON — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.

Christopher Rugaber | Associated Press
May 31, 2024
Government, Business

Inflation Eased in April in the First Slowdown of 2024

WASHINGTON — Consumer inflation in the U.S. cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve.

Christopher Rugaber | Associated Press
May 15, 2024
Government, Business

Fed’s Powell: Elevated Inflation Will Likely Delay Rate Cuts

WASHINGTON — Federal Reserve Chair Jerome Powell cautioned April 16 that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year.

Christopher Rugaber | Associated Press
April 16, 2024
Government, Business

Consumer Sentiment Falls Slightly in April

WASHINGTON — Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year.

Christopher Rugaber | Associated Press
April 12, 2024
Government, Business

Higher Gas and Rents Keep Inflation Elevated

WASHINGTON — Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said April 10.

Christopher Rugaber | Associated Press
April 10, 2024
Government, Business

Fed Holds Fast on Interest Rate, Still Sees 3 Cuts in 2024

WASHINGTON — Federal Reserve officials kept their benchmark interest rate unchanged but signaled March 20 that they still expect to cut their key interest rate three times in 2024.

Christopher Rugaber | Associated Press
March 20, 2024
Government, Business

Inflation Rises 0.4% in February

WASHINGTON — Consumer prices picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign.

Christopher Rugaber | Associated Press
March 12, 2024
Government, Business

Consumer Sentiment Index Edges Higher in February

WASHINGTON — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy.

Christopher Rugaber | Associated Press
February 16, 2024