Tag: US economy

So much for a softening labor market. Employment fired up in September, with the Bureau of Labor Statistics showing a gain of 245,000 jobs and the jobless rate falling to 4.1%. That should put fears…

At the close of his 1980 debate against President Jimmy Carter, Republican nominee Ronald Reagan asked the immortal question that still frames presidential election economic debates: “Are you better off than you were four years…

WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth for the rest…

The U.S. economy was weaker than expected in the third quarter, which is bad news for any American whose livelihood depends on strong economic growth and especially disappointing for the White House, which is struggling…

WASHINGTON (AP) — In a stark sign of the economic inequality that has marked the pandemic recession and recovery, Americans as a whole are now earning the same amount in wages and salaries that they…

BALTIMORE (AP) — The U.S. economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the weight of the viral pandemic, the government estimated today. It was the…

GAINESVILLE, Fla. (AP) — A document created by the nation’s top disease investigators with step-by-step advice to local authorities on how and when to reopen restaurants and other public places during the still-raging outbreak has…

WASHINGTON (AP) — More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s. Roughly 30.3…

WASHINGTON (AP) — U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors. The Labor Department said Friday that the unemployment rate…

WASHINGTON (AP) — The Federal Reserve is set to cut its benchmark interest rate today for a third time this year to help sustain the U.S. economic expansion in the face of widespread trade tensions…