Economy Feb 16 Consumer sentiment edges higher as economic growth accelerates and inflation fades By Christopher Rugaber, Associated Press
World Dec 20 Thousands take to the streets to protest austerity measures of Argentina’s new president Protests have kicked off in Argentina against the austerity and deregulation measures announced by newly elected President Javier Milei, whose government has also warned against blocking streets. By Debora Rey, Almudena Calatrava, Associated Press
World May 26 Britain’s Treasury chief says that recession may be necessary to lower inflation Following higher-than-anticipated inflation figures this week, Jeremy Hunt says it's necessary to prioritize measures to slow the pace of price increases. By Pan Pylas, Associated Press
World May 22 Here’s what would happen to the global economy if the U.S. defaults on its debt If the debt crisis roiling Washington were eventually to send the U.S. crashing into recession, America's economy would hardly sink alone. The repercussions of a first-ever default on the federal debt would quickly reverberate around the world. By Paul Wiseman, Associated Press
Politics May 17 WATCH: Biden ‘confident’ agreement will be made with GOP, no debt default for U.S. President Joe Biden is declaring he's confident the U.S. will avoid an unprecedented and potentially catastrophic debt default, saying talks with congressional Republicans have been productive. By Seung Min Kim, Lisa Mascaro, Associated Press
May 03 White House economists warns of recession as debt ceiling fight drags on By Zeke Miller, Josh Boak, Associated Press In a new report, they detail potential job losses and stunted economic growth if lawmakers engage in "brinkmanship" before ultimately reaching a deal to meet the government's financial obligations. Continue reading
Dec 01 Average long-term U.S. mortgage rates fall for a third week in a row By Matt Ott, Associated Press The average long-term U.S. mortgage rate ticked down for the third week in a row and have fallen more than a half-point since hitting a 20-year high less than a month ago. Continue reading
Sep 23 UK cuts taxes, boosts spending, accelerating recession worries By Danica Kirka, Jill Lawless, Sylvia Hui, Associated Press The British pound has went on its biggest one-day drop in 2 1/2 years after the U.K.'s new government outlined plans to cut taxes and boost spending. It's sparked concerns that increased public borrowing will worsen the nation's cost-of-living crisis. Continue reading
Jul 28 How to know when a recession has begun By Christopher Rugaber, Associated Press The U.S. economy has contracted for two straight quarters, intensifying fears that it is on the cusp of a recession, if not already in one, barely two years after the pandemic downturn officially ended. Continue reading
Jul 26 Bill to boost the semiconductor industry, high tech research passes key Senate test By Kevin Freking, Associated Press The Senate has advanced a $280 billion bill designed to boost the U.S. semiconductor industry and to accelerate high tech research that backers say will be critical to the economy in future decades. Continue reading