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.
Economy May 25 Threat of America's credit downgrade looms over debt ceiling talks With one of three major rating agencies warning that America's AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation's debt limit.
World May 22 Here's what would happen to the global economy if the U.S. defaults on its debt If the debt crisis roiling Washington were eventually to send the U.S. crashing into recession, America's economy would hardly sink alone. The repercussions of a first-ever default on the federal debt would quickly reverberate around the world.