Today: November 15, 2024
Today: November 15, 2024

Latest From PAUL WISEMAN

Business|Economy|News|US

US job openings rise modestly to 8.8 million in February in strong labor market

U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong

US job openings rise modestly to 8.8 million in February in strong labor market
Economy|News|Opinion|US

Who wouldn't like prices to start falling? Careful what you wish for, economists say

Many Americans are in a sour mood about the economy for one main reason: Prices feel too high

Who wouldn't like prices to start falling? Careful what you wish for, economists say
Economy|Finance|News

Powell says Fed wants to see 'more good inflation readings' before it can cut rates

Federal Reserve Chair Jerome Powell reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to do so until it sees “more good inflation readings’’ and is more confident that annual price increases are falling toward its 2% target

Powell says Fed wants to see 'more good inflation readings' before it can cut rates
Business|Economy|Finance|News|US

An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually

A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease

An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually
Business|Economy|Finance|News|US

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate
Business|Economy|News|US

Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong

The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security

Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong
Business|Economy|Finance|News

US jobs report for February is likely to show that hiring remains solid but slower

The nation’s economy likely produced another month of healthy hiring in February, once again brushing aside the effects of high interest rates with unexpected ease

US jobs report for February is likely to show that hiring remains solid but slower
Business|Economy|News|US

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong

U.S. job openings barely changed in January but remained at a high level, suggesting that the American job market remains healthy

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong
Business|Economy|News|US

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate

The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate
Americas|Business|Economy|News|World

Mexico overtakes China as the leading source of goods imported to US

For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported to the United States

Mexico overtakes China as the leading source of goods imported to US
Business|Economy|News|US

US jobs report for January is likely to show that steady hiring growth extended into 2024

The U.S. government is expected to report that employers added a solid 177,000 jobs in January

US jobs report for January is likely to show that steady hiring growth extended into 2024
Business|Economy|Finance|News

IMF sketches a brighter view of global economy, upgrading growth forecast and seeing lower inflation

The International Monetary Fund has upgraded its outlook for the world economy this year, envisioning resilient growth led by the United States and a slower pace of inflation

IMF sketches a brighter view of global economy, upgrading growth forecast and seeing lower inflation
Business|Economy|Finance|News|US

US economy grew at a surprisingly strong 3.3% pace last quarter, pointing to continued resilience

The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households

US economy grew at a surprisingly strong 3.3% pace last quarter, pointing to continued resilience
Business|Economy|Finance|News|US

Wholesale inflation in US declined last month, signaling that price pressures are still easing

U.S. wholesale inflation fell for a third straight month in December, further evidence that price pressures in the economy are easing

Wholesale inflation in US declined last month, signaling that price pressures are still easing
Economy|Finance|News|US

From housing to energy to food, US inflation picks up, though some costs rise only mildly

Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target will likely remain a bumpy one

From housing to energy to food, US inflation picks up, though some costs rise only mildly
Business|Economy|Finance|News|World

Global economy will slow for a third straight year in 2024, World Bank predicts

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

Global economy will slow for a third straight year in 2024, World Bank predicts
Economy|Finance|News|US

US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength

The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates

US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength
Business|Economy|Finance|News|US

Federal Reserve minutes: Officials saw inflation cooling but were cautious about timing of rate cuts

The Federal Reserve’s policymakers concluded last month that inflationary pressures were easing and that the job market was cooling

Federal Reserve minutes: Officials saw inflation cooling but were cautious about timing of rate cuts
Business|Economy|News|US

US job openings fell slightly in November but remain high by historical standards

America’s employers posted 8.8 million job openings in November, down slightly from October and the fewest since March 2021

US job openings fell slightly in November but remain high by historical standards
Business|Economy|News|US

Weekly US unemployment claims rise slightly but job market remains strong as inflation eases

The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates

Weekly US unemployment claims rise slightly but job market remains strong as inflation eases
Economy|Finance|News|US

Wholesale inflation in US slowed further last month, signaling that price pressures continue to ease

Wholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy’s pipeline are continuing to gradually ease

Wholesale inflation in US slowed further last month, signaling that price pressures continue to ease
Economy|Finance|News|World

The world economy will slow next year because of inflation, high rates and war, OECD says

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates

The world economy will slow next year because of inflation, high rates and war, OECD says
Business|Economy|Finance|News|US

U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency

The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates

U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency
Business|Economy|News|US|World

A fragile global economy is at stake as US and China seek to cool tensions at APEC summit

The United States and China are the two global economic heavyweights

A fragile global economy is at stake as US and China seek to cool tensions at APEC summit
Business|Economy|News|US

U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market

Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong in the face of higher interest rates

U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market

Follow