Politics Sep 28 Economy grows 2.1 percent estimates government, unchanged from previous projection The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged.
Nation Sep 12 Google's search dominance faces big antitrust challenge in landmark trial The Justice Department filed its antitrust lawsuit against Google nearly three years ago during the Trump administration, charging that the company has used its internet search dominance to gain an unfair advantage against competitors.
Economy Sep 01 Economy adds 187,000 jobs in August despite Federal Reserve's high interest rates The nation's employers added a healthy 187,000 jobs in August in a sign of a still-resilient labor market despite the high interest rates the Federal Reserve has imposed.
Economy Aug 30 U.S. economic growth for last quarter revised down slighty to a 2.1 percent annual rate The Commerce Department's second estimate of growth last quarter marked a slight acceleration from a 2 percent annual growth rate from January through March.
Economy Aug 16 Inflation is down, but the Inflation Reduction Act likely doesn't deserve the credit Price increases have indeed cooled over the past year, with the inflation rate dropping from 9 percent to 3.2 percent. But economists say little to none of the drop came from the law.
Economy Aug 10 U.S. inflation ticks up for the first time in a year to 3.2 percent rate, but core inflation remains low The July inflation figure remained far below last year's peak of 9.1 percent, though still above the Federal Reserve's 2 percent target.
Economy Aug 04 U.S. economy adds 187,000 new jobs, fewer than expected but unemployment down U.S. employers added 187,000 last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient.
Economy Jul 25 U.S. consumer confidence jumps to a two-year high as inflation eases The index measures both Americans' assessment of current economic conditions and their outlook for the next six months. Both improved in July.
Economy Jul 06 U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market The Labor Department said employers posted 9.8 million job vacancies, down from 10.3 million in April. But layoffs fell slightly, and more people quit their jobs — a sign they were confident they could find better jobs elsewhere.
Politics May 31 U.S. job openings hit 10.1 million and labor market stays strong despite efforts to cool economy U.S. job openings rose unexpectedly in April a sign the American labor market remains surprisingly resilient as the Federal Reserve pushes interest rates higher to combat inflation.