Economy Apr 12 U.S. inflation rises 8.5 percent, sharpest increase since 1981 Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.
Economy Apr 01 U.S. economy adds 431,000 new jobs for March in sign of robust economic health America's employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy's resilience in the face of a still-destructive pandemic, Russia's war against Ukraine and the highest inflation in 40 years.
World Feb 16 U.S. says China’s aggressive trade policies ’cause serious harm’ The United States has accused China of failing to meet its commitments to the World Trade Organization.
World Jan 25 IMF projects slower growth for world economy as inflation rises The International Monetary Fund is downgrading its forecast for the world economy this year.
Economy Jan 20 Number of Americans applying for unemployment benefits rises to 286,000 The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market.
Economy Dec 30 Job market remains strong as unemployment claims drop to 198,000 The number of Americans applying for unemployment benefits fell below 200,000, more evidence that the job market remains strong in the aftermath of last year's coronavirus recession.
Economy Dec 21 Omicron casts shadow over economy’s pandemic recovery A heightened sense of anxiety has begun to erode the willingness of some people and some businesses to carry on as usual in the face of the extraordinarily contagious omicron variant.
Economy Dec 16 U.S. jobless claims rise but still historically low at 206,000 The number of Americans applying for unemployment benefits rose last week despite signs that the U.S. labor market is rebounding from last year's coronavirus recession.
Economy Dec 10 Why U.S. inflation is so high, and when it may ease For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn't stay long. Yet as any American who has bought a carton…
Economy Nov 26 Stocks sink on new COVID variant. Dow loses 905 points Stocks are closing sharply lower on Wall Street Friday, after a coronavirus variant from South Africa appeared to be spreading across the globe and the European Union proposed suspending air travel from southern Africa.