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Christopher Rugaber, Associated Press

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Christopher’s Recent Stories

Economy Jan 30

Federal Reserve prepares for smaller hike, but may hint of fewer increases

The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording…

Economy Jan 27

U.S. inflation and consumer spending eases in December

The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed's series of interest rate hikes are slowing the economy.

Economy Jan 12

Inflation eases across U.S., may need less action from Fed to control it

Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation's grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it.

Nation Jan 12

U.S. inflation eased again to 6.5 percent, raises hope of less action by Federal Reserve

Rising consumer prices in the United States moderated again last month, bolstering hopes that inflation's grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it.

Economy Jan 10

World Bank warns of looming global recession

The World Bank warns the global economy will come "perilously close" to a recession this year, led by weaker growth in the world's top economies — the United States, Europe and China.

Economy Jan 06

December unemployment falls slightly to 3.5 percent, tied for a 50-year low

America's employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring.

Economy Jan 04

Officials cited strong hiring to justify raising interest rates, Fed minutes reveal

Federal Reserve officials suggested at their most recent meeting that a continuing streak of robust hiring could keep inflation elevated and was a key reason why they expected to raise interest rates this year more than they had previously forecast.

Economy Jan 04

U.S. job openings remained high in sign of economic resilience

U.S. job openings slipped in November but remained at high suggesting businesses are still determined to add workers, a blow to the Federal Reserve's efforts to cool hiring and wage gains.

Economy Dec 29

Applications for unemployment benefits see small rise, indicating strength of economy

The number of people seeking unemployment benefits rose modestly last week, the latest sign that the labor market remains strong despite the Federal Reserve's efforts to cool the economy and hiring.

Economy Dec 13

Slowdown in inflation eases some pressure on American households

Inflation in the United States slowed again last month in the latest sign that price increases are cooling despite the pressures they continue to inflict on American households.

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