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Consumer confidence slips as Americans grow wary of high costs and labor market

By Christopher Rugaber, Associated Press

Consumers were much less confident in the economy in November in the aftermath of the government shutdown and amid weak hiring and stubborn inflation.

U.S. retail sales rose modestly in September, as consumers pulled back spending after months of splurging

By Christopher Rugaber, Associated Press

The retail sales figures suggest that Americans as a whole are still willing and able to boost their spending, a key driver of the economy, despite high prices for groceries, rent, and many imported goods hit by tariffs.

FAA pays $10K bonuses only to controllers and technicians with perfect attendance during 43-day shutdown

By Josh Funk, Associated Press

Only 776 air traffic controllers and technicians who had perfect attendance during the government shutdown will receive $10,000 bonuses while nearly 20,000 other workers will be left out, the Federal Aviation Administration announced Thursday.

IRS issues guidance on tax on tips and overtime income for 2025

By Associated Press

The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that will assist them in claiming these deductions.

Delayed jobs report ‘definitely complicates’ rate cut decision, Chicago Fed president says

By Geoff Bennett, Courtney Norris, Nana Adwoa Antwi-Boasiako

Job growth was better than expected in September with the best job gains since April, according to the delayed government report. But key data is still missing, and questions remain about the strength of the economy. That uncertainty comes as…

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Wall Street rallies on AI and interest rate hopes

By Stan Choe, Associated Press

Not only did Nvidia provide another blockbuster profit report that suggested AI superstar stocks can keep rising, a mixed report on the U.S. jobs market kept alive hopes that the Federal Reserve can deliver more cuts to interest rates.

Delayed jobs report shows U.S. employers added a surprisingly solid number of jobs in September

By Paul Wiseman, Associated Press

U.S. employers added 119,000 jobs in September, the government said, issuing a key economic report that had been delayed for seven weeks by the federal government shutdown.

U.S. trade deficit dropped nearly 24% in August as Trump’s tariffs reduce imports

By Paul Wiseman, Associated Press

In a report delayed for more than seven weeks by the federal government shutdown, the Commerce Department said Wednesday that the the gap between what the United States buys from other countries and what it sells them fell to $59.6 billion in…

Labor Department won’t release full October jobs report due to 43-day shutdown

By Paul Wiseman, Associated Press

The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn't calculate the unemployment rate and some other key numbers.