Oct 02 Watch 6:34 What a hiring slowdown signals about the state of the U.S. economy By Amna Nawaz, Courtney Norris, Molly Mazilu U.S. hiring slowed in September as employers added just 29,000 jobs. The disappointing jobs report has wide-reaching implications for consumer prices and interest rates, and it comes a month before Americans head to the polls for midterm elections. Amna Nawaz… Continue watching
Oct 01 Most Americans blame Trump for high prices as his economic approval hits new low, AP-NORC poll shows By Jill Colvin, Linley Sanders, Associated Press A majority, 65%, of U.S. adults now blame Trump’s policies for persistently high costs more than factors outside of his control, signaling growing weariness over his aggressive use of tariffs and continued unhappiness with the war with Iran. Continue reading
Sep 29 Americans' opinion of economy drops to lowest level since 2014 By Matt Ott, Associated Press Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war. Continue reading
Sep 28 Watch 6:31 High mortgage rates compound housing affordability challenges By Amna Nawaz, Jackson Hudgins, Molly Mazilu The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact… Continue watching
Sep 24 Starbucks to shutter 250 stores in North America, a year after big wave of closings By Dee-Ann Durbin, Associated Press The company didn't say Thursday which coffeehouses will close, how many are located in the U.S. or how many are unionized. Continue reading
Sep 24 Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare By Paul Wiseman, Associated Press So far this year, claims have mostly stayed below 220,000 — historically low. Continue reading
Sep 16 Watch 6:54 Interest rate hike a 'reassuring' sign Fed is acting independently, economist says By Geoff Bennett, Courtney Norris The Federal Reserve raised interest rates by a quarter of a point, the first hike in three years. It comes as the war in Iran continues to put pressure on prices and is the first major move by Fed Chair… Continue watching
Sep 16 U.S. stocks slip after the Fed raises interest rates, hints more hikes may be on the way By Stan Choe, Associated Press U.S. stocks slipped Wednesday after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more may be ahead as it tries to get the nation’s high inflation under control. Continue reading
Sep 10 Trump promised $5,000 checks if Republicans win the midterms. How would that work? By Maria Ramirez Uribe President Donald Trump promised on Wednesday to send every American adult a $5,000 check if Republicans keep control of the U.S. House and Senate after the midterm elections. "If the Republicans win, you win with us and you get… Continue reading
Sep 08 Watch 6:28 How the U.S.-Canada trade dispute is impacting the economy on both sides of the border By Amna Nawaz, Jackson Hudgins To discuss the impact of the tariffs on the United States and Canada, Amna Nawaz spoke with Matthew Shoemaker. He is the mayor of Sault Ste. Marie, Ontario, a Canadian city just across the border from its sister city, Sault… Continue watching