Dec 03 Costco becomes biggest company demanding refunds on Trump tariffs By Paul Wiseman, Associated Press Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes. Continue reading
Dec 03 What’s next for U.S. retailers after the Thanksgiving shopping weekend By Anne D'Innocenzio, Associated Press The nation’s shoppers may feel gloomy about the economy, but they certainly were in the mood to shop over the five-day Thanksgiving weekend that wrapped up on Cyber Monday. Continue reading
Dec 01 The economy is giving mixed signals. Here’s what experts say they mean By Hannah Grabenstein If you’re confused about the economy right now, you’re in good company. Continue reading
Dec 01 Despite economic uncertainty, Cyber Monday could break spending records By Wyatte Grantham-Philips, Associated Press Deals promoted as some of the best of the holiday season are expected to keep people across the United States glued to their computers and smartphones on Cyber Monday. Continue reading
Nov 28 Watch 5:45 PBS News launches ‘Settle In’ podcast with lessons from the 1929 stock market crash By Amna Nawaz, Diane Lincoln Estes This week we're launching our new video podcast “Settle In.” In the premiere episode, Amna Nawaz has a fascinating discussion with financial journalist Andrew Ross Sorkin about his new book, “1929: Inside the Greatest Crash in Wall Street History and… Continue watching
Nov 26 Weekly unemployment filings drop in a sign that layoffs continue to stay low By Christopher Rugaber, Associated Press The number of people seeking unemployment benefits is seen as a proxy for layoffs and is close to a real-time indicator of the health of the job market. Continue reading
Nov 25 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. Continue reading
Nov 20 Watch 7:52 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… Continue watching
Nov 17 Analysis shows more U.S. consumers are falling behind on utility bills By Josh Boak, Associated Press A new analysis of consumer data shows that more people in the United States are falling behind on their utility bills. Continue reading
Nov 13 Average long-term mortgage rate edges higher to 6.24% By Alex Veiga, Associated Press The average rate on a 30-year U.S. mortgage edged higher for the second week in a row, hovering near its low point so far this year. Continue reading