Politics Feb 25 Trump's portrayal of 'golden age' is out of sync with how Americans see economy President Donald Trump sought in his first State of the Union address to sell Americans on the idea of a booming economy, falling prices, and soaring jobs, yet he faces a skeptical public with a much gloomier view.
Economy Feb 11 130,000 jobs added in January while labor revisions cut hundreds of thousands last year The job market has been sluggish for months even though the economy is registering solid growth.
Economy Jan 22 Consumer spending pushes U.S. economy up 4.4% in third quarter, fastest in two years Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade of its first estimate.
Economy Dec 18 U.S. says inflation slowed last month but data may be distorted and Americans aren't feeling it Year-over-year inflation remains well above the Federal Reserve’s 2% target, and Americans are complaining loudly about the high cost of living.
Politics Dec 16 WATCH: Vance delivers remarks in Allentown, Pa., touting Trump's economic agenda The unemployment rate rose to 4.6%, highest since 2021. Both the October and November job creation numbers, released Tuesday by the Labor Department, came in late because of the 43-day federal government shutdown.
Economy Dec 16 The U.S. gained 64,000 jobs in November but lost 105,000 in October as the unemployment rate rose to 4.6% Hiring has clearly lost momentum, hobbled by uncertainty over President Donald Trump's tariffs and the lingering effects of the high interest rates the Federal Reserve engineered in 2022 and 2023 to rein in an outburst of inflation.
Economy Dec 09 U.S. job openings stayed level at just below 7.7 million in October The Job Openings and Labor Turnover Survey (JOLTS) also showed that the layoffs rose and number of people quitting their jobs — a sign of confidence in the labor market — fell in October.
Economy Dec 03 Costco becomes biggest company demanding refunds on Trump tariffs Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes.
Economy Dec 02 Global economy projected to grow 3.2% this year, more than expected despite U.S. trade war The OECD also raised its forecast for U.S. growth this year – to 2%, up from the 1.6% it had forecast in June.
Economy Nov 20 Delayed jobs report shows U.S. employers added a surprisingly solid number of jobs in September U.S. employers added 119,000 jobs in September, the government said, issuing a key economic report that had been delayed for seven weeks by the federal government shutdown.