Oct 17 How Trump’s approval shifted after the ceasefire in Gaza, according to a new AP-NORC poll By Steve Peoples, Linley Sanders, Associated Press The survey reveals that Trump's apparent success on the world stage has not improved his overall standing at home. Continue reading
Oct 15 Shutdown delays release of Labor Department’s monthly inflation report By Christopher Rugaber, Associated Press The government shutdown is delaying another major economic report, leaving policymakers at the Federal Reserve with a cloudier economic picture. Continue reading
Sep 30 U.S. job openings in August were essentially unchanged amid economic uncertainty By Paul Wiseman, Associated Press Job openings remain at healthy levels but have fallen steadily since peaking at a record 12.1 million in March 2022 as the U.S. economy roared back from COVID-19 lockdowns. Continue reading
Sep 30 U.S. consumer confidence declines again as Americans worry about inflation, job market By Matt Ott, Associated Press The drop is bigger than analysts were expecting and the lowest reading since April, when President Donald Trump rolled out his sweeping tariff policy. Continue reading
Sep 26 Fed’s favored inflation gauge accelerated slightly in August, report shows By Paul Wiseman, Associated Press The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, a tick higher from a 2.6% year-over-year increase in July and most since February. Continue reading
Sep 17 The Federal Reserve wrestles with how many interest rate cuts to make and how fast By Christopher Rugaber, Associated Press There are typically two different approaches the Fed takes to lowering borrowing costs: Either a measured pace that typically reflects a modest adjustment to its key rate, or a much more rapid set of cuts as the economy deteriorates in… Continue reading
Sep 15 Fed faces economic uncertainty and political pressure ahead of interest rate decision By Chris Rugaber, Associated Press Investors expect the Fed to reduce its benchmark interest rate by a quarter point, to about 4.1%. But it's not even clear which Fed officials will be making the decision. Continue reading
Sep 11 U.S. inflation worsened last month, putting Fed in difficult spot as job market slows By Christopher Rugaber, Associated Press The price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures. Continue reading
Sep 05 Watch 9:36 Chicago Fed president unpacks weak jobs report and what it says about the economy By Amna Nawaz, Karina Cuevas The labor market appears to have stalled this summer, according to the significantly weaker than expected jobs report. Employers added just 22,000 new jobs in August and revisions show the economy lost 13,000 jobs in June, the first net loss… Continue watching
Aug 29 Key U.S. inflation gauge holds mostly steady though core inflation ticks higher By Christopher Rugaber, Associated Press Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. Continue reading