Nation Feb 20 Low demand for commercial office space fuels economic fears By Paul Solman, Ryan Connelly Holmes
Nation Nov 07 WeWork files for bankruptcy in stunning turn for company once valued at nearly $50 billion WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning but anticipated fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world. By Wyatte Grantham-Philips, Associated Press
Economy Sep 26 U.S. consumer confidence falls in September as American anxiety about the future grows The American consumer is feeling less confident this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period. By Matt Ott, Associated Press
Economy Jul 27 How a ‘rolling recession’ or a ‘richcession’ could spare the rest of the economy from a downturn The latest snapshot of the economy coincides with rising sentiment that it may achieve an elusive "soft landing." Analysts point to two trends that might help stave off an economic contraction. By Christopher Rugaber, Associated Press
Politics Jul 24 Federal Reserve officials meet as central bank aims for ‘soft landing’ After the Fed began aggressively raising borrowing costs early last year, most economists predicted it would send the economy crashing. Yet even though the Fed is poised to raise its key rate on Wednesday for the 11th time since March… By Christopher Rugaber, Associated Press
May 02 U.S. job openings dip to 9.6 million as interest rates cool labor market By Paul Wiseman, Associated Press U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates. Continue reading
Sep 21 Watch 4:51 As Fed raises interest rates to combat inflation, central banks around the world follow By Paul Solman The Federal Reserve raised interest rates once again, adding to the sharpest series of hikes since the 1980s. So far, the Fed has increased rates by three points this year and Chair Jerome Powell says there's more to come. Other… Continue watching
Sep 21 WATCH: Fed raises key interest rate by three-quarters of a point By Christopher Rugaber, Associated Press The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3 percent to 3.25 percent, the highest level since early 2008. Continue reading
May 04 How higher Federal Reserve rates stand to affect Americans’ finances By Christopher Rugaber, Associated Press Economists foresee the fastest pace of rate increases since 1989. The result could be much higher borrowing costs for households well into the future as the Fed fights the most painfully high inflation in four decades. Continue reading
Mar 16 How will higher interest rates affect American finances? By Christopher Rugaber, Associated Press Americans who have long enjoyed the benefits of historically low interest rates will have to adapt to a very different environment as the Federal Reserve embarks on a period of rate hikes to fight inflation. Continue reading