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Last quarter’s rise in the U.S. gross domestic product, or the economy’s total output of goods and services, followed two straight quarters of contraction…
The number of Americans applying for unemployment benefits rose to the highest level since August but still remained low by historic standards.
Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more cautious.
The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of economic contraction and overcoming punishingly high inflation and interest rates.
Douglas W. Diamond, Philip H. Dybvig and former U.S. Federal Reserve Chair Ben Bernanke were recognized Monday for their research into the fallout from bank failures.
America's employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation. Hiring fell from 315,000 in…
Inflation eased last month as energy prices tumbled, according to a report closely watched by the Federal Reserve.
The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.
Most economists believe the strong jobs market has kept the economy from slipping into a downturn.
The unemployment rate is expected to remain at 3.6% — just off a 50-year low — for the fifth consecutive month.
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