Economy

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U.S. job openings rise to a better-than-expected 7 million

By Paul Wiseman, Associated Press

Layoffs fell slightly and the number of Americans quitting their jobs — a sign of confidence in their prospects — slipped modestly.

U.S. Treasury Secretary will meet China's vice premier in Paris ahead of Trump's visit to Beijing

By Didi Tang, Associated Press

It comes after Trump and Chinese President Xi Jinping met last year and agreed to a one-year truce in a trade war that temporarily saw tit-for-tat tariffs soar to triple digits before the two sides climbed down.

U.S. economy expands slowly at 0.7% in fourth quarter, downgrading from initial government estimate

By Paul Wiseman, Associated Press

Growth in gross domestic product — the nation's output of goods and services — was down sharply from 4.4% in last year's third quarter and 3.8% in the second.

Key inflation gauge worsened in January, before Iran war lifted gas prices

By Christopher Rugaber, Associated Press

Prices rose 2.8% in January compared with a year earlier, the Commerce Department said Friday.

Trump suggests high oil prices are a positive after bragging about low gas prices last month

By Josh Boak, Associated Press

The about-face comes as Trump's team has struggled to offer a clear plan for opening up the critical Strait of Hormuz so that tankers full of oil and natural gas are no longer stranded.

China positions itself as force for global stability and technological innovation at its annual Congress

By Ken Moritsugu, Associated Press

China is doubling down on a push to transform its economy and be at the forefront of technology.

Without new pennies, state lawmakers rush to set rounding rules

By Hannah Fingerhut, Associated Press

The move by President Donald Trump end to penny production led to a shortage in cash registers last summer, forcing consumers and businesses to confront a penniless future.

Should drivers turn to EVs as the war spikes gas prices? Here's what to know

By Alexa St. John, Tammy Webber, Associated Press

Drivers of gas-powered vehicles are much more vulnerable to fluctuating prices that result from global conflict than those who charge their cars.

Trump administration starts new process to try to replace tariffs struck down by Supreme Court

By Josh Boak, Associated Press

The Trump administration on Wednesday opened a new trade investigation into manufacturing in foreign countries — an effort that comes after the Supreme Court struck down President Donald Trump’s previous use of tariffs by declaring an economic emergency.

How some states are reviving a push to tax the rich

By Kimberlee Kruesi, Geoff Mulvihill, Cedar Attanasio, Associated Press

Advocates across the U.S. are hoping a growing unhappiness of wage and wealth inequalities that have increased coming out of the COVID-19 pandemic will help more states adopt policies involve the rich paying more in taxes.