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Recent Articles from Christopher Rugaber, AP Economics Writer
Powell says Federal Reserve can wait on any interest rate moves
WASHINGTON (AP) — The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to […]
Top Fed official backs new rate cuts even if Trump tariffs materialize
WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread […]
Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
WASHINGTON (AP) — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next […]
The Federal Reserve sees cooler inflation and slower job market, suggesting a rate cut is nearing
WASHINGTON (AP) — The Federal Reserve said Wednesday that greater progress has been made in reducing inflation to its 2% target, a sign that the central bank is moving closer […]
US unemployment falls to 3.7 percent – lowest since 1969
The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and […]
Why investors’ fear of high inflation is probably overblown
The past week’s stomach-churning stock market losses were ignited by a sudden and contagious fear of surging inflation and higher interest rates. Many investors worried that inflation would send borrowing […]
Decade since recession: Thriving cities leave others behind
As the nation’s economy was still reeling from the body blow of the Great Recession, Seattle’s was about to take off. In 2010, Amazon opened a headquarters in the […]
US home prices rose in August even as sales slipped
U.S. home prices rose sharply in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales. The Standard & Poor’s CoreLogic Case-Shiller national […]
US home prices rose in August, lifted by dwindling supply
WASHINGTON (AP) — U.S. home prices climbed at a solid pace in August as more home buyers competed for fewer available properties. The Standard & Poor’s CoreLogic Case-Shiller 20-city home […]
As US adds 156K jobs, more seek work and lift unemployment
WASHINGTON (AP) — U.S. employers added a decent 156,000 jobs in September, even while an influx of job seekers lifted the unemployment rate slightly to 5 percent. The rise in […]
US hiring slowed in August, yet Americans’ outlook brightens
WASHINGTON (AP) — U.S. employers slowed their hiring in August after two blockbuster months and barely raised their workers’ pay, a pullback that may lead the Federal Reserve to leave […]
Survey: US companies add a solid 177,000 jobs in August
WASHINGTON (AP) — U.S. businesses added a solid 177,000 jobs in August, according to a private survey, suggesting that hiring remains healthy after two months of strong gains. Payroll processor […]
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