Government, Business

Fed’s Preferred Inflation Gauge Shows Price Pressures Easing

WASHINGTON — A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease.

Paul Wiseman | Associated Press
June 28, 2024
Government, Business

Economic Growth for Q1 Is Revised Up to a 1.4% Annual Rate

WASHINGTON — The economy expanded at a 1.4% annual pace from January through March, the government said in a slight upgrade from its previous estimate.

Paul Wiseman | Associated Press
June 27, 2024
Government, Business, Technology, Equipment

Could Cheap Chinese EVs Reach US From Mexico?

Low-priced Chinese EVs pose a potentially "extinction-level event" for America’s auto industry.

Paul Wiseman | Associated Press
June 27, 2024

Employers Add 175,000 jobs in April in Face of Higher Rates

WASHINGTON — The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that high interest rates may be starting to take a toll on the economy.

Paul Wiseman | Associated Press
May 3, 2024
Government, Business

Economic Growth Slowed Sharply Last Quarter to 1.6% Pace

WASHINGTON — The nation’s economy slowed last quarter, growing at an annual rate of 1.6% in a sign that the high interest rates may be taking a toll on borrowing and spending.

Paul Wiseman | Associated Press
April 25, 2024
Government, Business

Producer Prices Rose 2.1% From Last Year, Most Since April

WASHINGTON — U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. 

Paul Wiseman | Associated Press
April 11, 2024
Government, Business

Employers Added a Robust 303,000 Jobs in March

WASHINGTON — America’s employers in March added a sizzling 303,000 workers to their payrolls, bolstering hopes that the economy can vanquish inflation without succumbing to a recession.

Paul Wiseman | Associated Press
April 5, 2024
Government, Business

Inflation Gauge Shows Price Pressures Easing Gradually

WASHINGTON — A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease.

Paul Wiseman | Associated Press
March 29, 2024
Government, Business

Unemployment Applications Dip to 210,000

WASHINGTON — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy job security.

Paul Wiseman | Associated Press
March 21, 2024
Government, Business

Employers Add Strong 275,000 Jobs in February

WASHINGTON — America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the economy’s resilience. 

Paul Wiseman | Associated Press
March 8, 2024