Nation Oct 22 IMF declares global fight against high inflation is ‘almost won’ The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund has declared.
Politics Oct 15 WATCH: Trump sings praises of tariffs during conversation with Bloomberg News Appearing before a friendly audience at the Economic Club of Chicago, the Republican presidential nominee repeatedly asserted that tariffs are misunderstood as an economic tool.
Nation Oct 04 U.S. labor market still sturdy as U.S. adds 254,000 jobs and unemployment dips to 4.1 percent America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy.
Economy Sep 27 Trump favors huge new tariffs. How do they work? Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports. This week, he raised the ante still higher.
Economy Sep 26 U.S. economy grew at a solid amount last quarter, government says in final estimate The Commerce Department reported that the nation's gross domestic product — the nation's total output of goods and services — growth picked up sharply in the second quarter.
Economy Aug 29 U.S. economic growth revised up to solid 3 percent annual rate for second quarter of 2024 The U.S. economy grew last quarter at a healthy 3 percent annual pace, fueled by strong consumer spending and business investment, the Department of Commerce said Thursday in an upgrade of its initial assessment.
Economy Aug 16 U.S. consumer sentiment rises this month amid optimism over Harris’ presidential bid Americans’ expectations for the future rose, while their assessment of current economic conditions sank slightly. Democrats’ sentiment rose, and Republicans’ fell.
Economy Aug 02 Unemployment rise shakes stock markets, yet recession signals have been wrong — so far The U.S. economy used to flash reliable signals when it was in or near a recession. But those red lights have gone haywire since the COVID-19 pandemic struck and upended normal business activity. Over the past two or three years,…
Economy Aug 02 U.S. hiring slows with just 114,000 jobs added in July, unemployment rate hits 4.3 percent U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs. Friday's Labor Department report showed a drop from the 179,000 jobs created in June.
Economy Jul 25 U.S. economy shows strong 2.8 percent growth, driven by consumers and businesses Thursday’s report from the Commerce Department said the gross domestic product picked up in the April-June quarter after growing at a 1.4 percent pace in the January-March period.