Economy Nov 06 U.S. continues to generate jobs, yet inflation is eroding Americans' spending power U.S. employers created a surprising 165,000 new jobs last month, and the unemployment rate dipped to 4.1%.
World Nov 05 Tankers carrying Russian diesel change course, raising doubts about shipments to U.S. President Donald Trump's plan to allow imports of Russian diesel appeared to falter this week after state and federal officials warned that handling any shipments could bring legal consequences and two tankers initially bound for the United States changed course.
Economy Oct 29 U.S. economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investment Consumer spending rose at a good clip in the third quarter, and business investment was up sharply, reflecting the AI boom.
Politics Oct 23 Treasury proposes rule to curb high-tech investments in China and other adversaries The U.S. Treasury Department proposed a rule Thursday to crack down on American high-tech investments such as supercomputing and artificial intelligence in China, Russia, North Korea and other “countries of concern."…
Politics Oct 23 Seeking to help Collins in Maine, Trump exempts some Canadian imports from his 50% tariffs Collins, locked in a tight race with Democratic challenger Troy Jackson, issued a statement saying she'd spoken with Trump's top trade negotiator, Jamieson Greer, and Commerce Secretary Howard Lutnick "about the toll tariffs are taking on Maine families, businesses, farmers,…
Economy Oct 22 U.S. jobless claims fell to 194,000 last week, lowest since July So far this year, claims have remained at historically low levels, never topping 230,000 in a single week.
Economy Oct 14 U.S. hits Bank of America with $1.2 billion fine, saying it violated money laundering and sanctions laws The fines on America’s second-biggest bank amount to the third-largest in the department’s history.
Economy Oct 12 WATCH: 2 American economists win Nobel for studying how to deal with economic shocks American economists Robert E. Hall and Michael Woodford won the Nobel Memorial Prize in economics Monday for their work on models that have helped governments and central banks manage economic shocks, such as energy crises and inflation.
Economy Oct 02 Disappointing 29,000 jobs added in September as unemployment ticks up Friday's jobs report is the last one that will come out before the Nov. 3 elections that will determine whether President Donald Trump's Republicans maintain full control of Congress.
Economy Oct 01 U.S. unemployment claims dip to the lowest since mid-July Layoffs remain low and most American workers enjoy job security.