The Los Angeles Post
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Today: March 31, 2025
Today: March 31, 2025
Lucia Mutikani

Lucia Mutikani

Staff Writer

Latest From Lucia Mutikani

Business|Economy|US

US job openings hit more than 3-1/2-year low; consumer confidence rebounds

U.S. job openings dropped to more than a 3-1/2-year low in September, but nearly all the decline in vacancies was in the South, suggesting that Hurricanes

US job openings hit more than 3-1/2-year low; consumer confidence rebounds
Economy|Finance|US

US consumers keep economy on solid ground ahead of election

The U.S. economy grew solidly in the third quarter, with consumer spending increasing at its fastest pace in 1-1/2 years and inflation slowing sharply,

US consumers keep economy on solid ground ahead of election
Business|Economy|Finance|Stock Markets|US

US labor market staggers after blow from hurricanes, strikes

U.S. job growth almost stalled in October as strikes in the aerospace industry depressed manufacturing employment while hurricanes shortened the collection

US labor market staggers after blow from hurricanes, strikes
Business|Economy|Finance|US

Strong rebound in employment hoists US services PMI to more than two-year high

The U.S. services sector accelerated to a more than two-year high in October as employment rebounded strongly, suggesting that a near stall in

Strong rebound in employment hoists US services PMI to more than two-year high
Business|Economy|Finance|US

US weekly jobless claims rise marginally; unit labor costs stir inflation fears

The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material change in the labor market and

US weekly jobless claims rise marginally; unit labor costs stir inflation fears
Economy|Finance|US

Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025

U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low inflation has slowed in recent months

Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
Economy|Finance|US

Rising US producer prices add to signs of fading disinflation

U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, another sign that progress towards

Rising US producer prices add to signs of fading disinflation
Business|Economy|US

Solid US retail sales in October underscore economy's resilience

U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods, suggesting the

Solid US retail sales in October underscore economy's resilience
Business|Economy|US

US single-family housing starts slump; high mortgage rates remain a challenge

U.S. single-family homebuilding tumbled in October likely as Hurricanes Helene and Milton depressed activity in the South while permits rose slightly,

US single-family housing starts slump; high mortgage rates remain a challenge
Economy

Hurricanes, Boeing strike likely cut at least 100,000 jobs from US payrolls in October

Employment dropped considerably in Washington State and Florida in October, suggesting that a strike by factory workers at Boeing and Hurricane Helene accounted

Hurricanes, Boeing strike likely cut at least 100,000 jobs from US payrolls in October
Business|Economy|Finance|Stock Markets|US

Post election euphoria lifts US consumer confidence to 16-month high

U.S. consumer confidence increased to a 16-month high in November amid optimism over the labor market, expectations for lower inflation and higher stock prices

Post election euphoria lifts US consumer confidence to 16-month high
Economy|Finance|US

US economy holds firm in early Q4; inflation stuck above Fed's target

U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth

US economy holds firm in early Q4; inflation stuck above Fed's target
Business|Economy|Finance|Stock Markets|US

US manufacturing contraction slows in November, outlook uncertain

U.S. manufacturing contracted at a moderate pace in November, with orders growing for the first time in eight months and factories facing significantly lower

US manufacturing contraction slows in November, outlook uncertain
Business|Economy|Finance|Stock Markets|US

US labor market steadily cooling amid higher job openings, low layoffs

U.S. job openings increased solidly in October while layoffs dropped by the most in 1-1/2 years, suggesting the labor market continued to slow in an orderly

US labor market steadily cooling amid higher job openings, low layoffs
Business|Economy|US

US services sector comes off the boil in November, prices stay high

U.S. services sector activity slowed in November after posting big gains in recent months, but remained above levels consistent with solid economic growth in

US services sector comes off the boil in November, prices stay high
Business|Economy|Finance|US

US job market bounces back from impact of strikes, hurricanes

U.S. job growth surged in November after being severely hindered by hurricanes and strikes, but a rise in the unemployment rate to 4.2% pointed to an easing

US job market bounces back from impact of strikes, hurricanes
Business|Economy|US

Report blames US Labor Department's statistical leadership for data missteps

The U.S.

Report blames US Labor Department's statistical leadership for data missteps
Business|Economy|Finance|US

US consumer prices post largest rise in seven months; rents finally slowing

U.S. consumer prices increased in November by the most in seven months, but the Federal Reserve was still expected to deliver a third consecutive interest rate

US consumer prices post largest rise in seven months; rents finally slowing
Business|Economy|Finance|Political|US

US factory activity slumps further in December as tariffs loom

U.S. manufacturing activity contracted further in December, with a measure of factory output dropping to the lowest level in more than 4-1/2 years amid worries

Business|Economy|US

US single-family housing starts rebound; tariffs an obstacle

U.S. single-family homebuilding rebounded in November as the drag from hurricanes faded, but the threat of tariffs on imported goods and potential labor

US single-family housing starts rebound;  tariffs an obstacle
Business|Economy|Finance|US

US retail sales exit 2024 with momentum; labor market on solid ground

U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further

US retail sales exit 2024 with momentum; labor market on solid ground
Business|Economy|Finance|Political|US

US consumer prices post largest gain in nine months; underlying inflation slowing

U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with

US consumer prices post largest gain in nine months; underlying inflation slowing
Business|Economy|Election|Political|US

US labor market exits 2024 with strong job gains, drop in unemployment rate

U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing

US labor market exits 2024 with strong job gains, drop in unemployment rate

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