Feb 08 Watch 8:22 Half of American renters pay more than 30% of income on housing, study shows By Stephanie Sy, Mike Fritz Rental prices are unaffordable for a record number of Americans with half of all renters paying more than 30 percent of their income on rent and utilities, according to Harvard’s Joint Center for Housing Studies. Stephanie Sy reached out to… Continue watching
Feb 02 Watch 6:43 What the strong jobs report means for the Fed's plan to lower interest rates By Courtney Norris, Amna Nawaz The labor market was running hot again last month as U.S. employers added 353,000 jobs, double what many expected. It's been resilient for months despite predictions of a recession last year. At the same time, the Federal Reserve indicated it’s… Continue watching
Feb 01 AP-NORC poll finds an uptick in positive ratings of the U.S. economy, but it's not boosting Biden By Josh Boak, Emily Swanson, Associated Press A new poll from The Associated Press-NORC Center for Public Affairs Research finds that 35 percent of U.S. adults call the national economy good. That's an uptick from 30 percent who said so late last year and up from 24… Continue reading
Jan 25 U.S. economy surprises with strong 3.3% growth in last quarter By Paul Wiseman, Associated Press The gross domestic product decelerated from its sizzling 4.9% growth rate the previous quarter. Continue reading
Jan 24 Inflation slows, incomes rise, and Americans are much more optimistic about the economy By Christopher Rugaber, Associated Press A survey by the Federal Reserve Bank of New York found that Americans' inflation expectations have reached their lowest point in nearly three years. Continue reading
Jan 23 Watch 6:03 How the rise of artificial intelligence is boosting tech stocks By Geoff Bennett, Shoshana Dubnow Rallies have driven both the Dow Jones Industrial Average and the much larger S&P 500 to record highs this week. There are several reasons for that, including investors’ assessments of the economy right now and where it will be in… Continue watching
Jan 17 Retail sales were up 0.6 percent this holiday season, fueled by a strong job market By Anne D'Innocenzio, Associated Press While consumers continue to face higher borrowing costs and prices, spending is being fueled by a strong job market and rising wages. Continue reading
Jan 15 Iowa caucusgoers see immigration as more important than the economy, AP VoteCast says By Josh Boak, Linley Sanders, Associated Press Iowa Republicans are headed to their state’s caucuses Monday with a greater desire to focus on immigration than address the health of the U.S. economy – a possible sign that cultural fights might be eclipsing pocketbook issues as a motivator. Continue reading
Jan 10 U.S. adults across racial groups agree the economy is a top priority, AP-NORC and AAPI Data polls show By Matt Brown, Linley Sanders, Associated Press Black, white, Hispanic and Asian adults in the U.S. largely agree that the government should focus on the economy and foreign policy issues in 2024. Continue reading
Jan 05 Watch 11:37 Brooks and Capehart on Supreme Court deciding if Trump can remain on ballots By Amna Nawaz, Ali Schmitz New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Amna Nawaz to discuss the week in politics, including the question of whether former President Trump can remain on the ballot is in the hands of… Continue watching