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.
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.
Could Cheap Chinese EVs Reach US From Mexico?
Low-priced Chinese EVs pose a potentially "extinction-level event" for America’s auto industry.
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.
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.
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.
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.
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.
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.
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.