Prices up 2.6% in December from a year before
Feb 3, 2025
Americans spent 2.6% more on goods and services in December than they did a year before, the Bureau of Economic Analysis reported on Friday. Excluding food and energy, […]
Tags: Jerome Powell
Prices up 2.6% in December from a year before
Americans spent 2.6% more on goods and services in December than they did a year before, the Bureau of Economic Analysis reported on Friday. Excluding food and energy, […]
Labor Department: Weekly jobless claims hit four-month low
Sep 20, 2024
The number of new applications for unemployment benefits dropped last week to the lowest level in four months, according to the Labor Department’s latest weekly jobless […]
Bureau of Labor reports job market still slowing down
Sep 5, 2024
Federal Reserve signals it would cut key interest rates to spur economy.
Americans spending more as interest rate cuts loom
Aug 30, 2024
Federal Reserve announced recently it would soon lower key interest rates.
Fed ready to cut interest rates, says inflation slowing
Aug 26, 2024
Announcement comes after recent reports show decrease in workers hired, unemployment rises.
Correction to jobs report weakens economic outlook
Aug 22, 2024
Labor Department job report estimates counted 818,000 jobs that don't exist.
Markets crater after Friday’s jobs report
Aug 5, 2024
Four straight months of U.S. unemployment rates rising leads to Asian market crashes.
U.S. report shows job market stuck in slowdown
Aug 5, 2024
Number of unemployed people rose around 350,000 to 7.2 million in July.
Annual inflation cools to 3 percent, government reports
Jul 12, 2024
Federal Reserve refuses to lower interest rates.
U.S. economy adds more than 270,000 jobs in May
Jun 10, 2024
Federal Reserve refrains from lowering interest rates.
U.S. economic slowdown continues, government reports
Apr 26, 2024
Government spent less, but country exported less in first quarter of 2024.
Inflation still worse than federal goal, report shows
Apr 1, 2024
Prices of goods and services increased 2.5 percent since February 2023.
Federal Reserve leaves interest rates in place
Mar 21, 2024
Interest rates to remain same due to high inflation.
Consumer prices ease slightly in January, government reports
Feb 13, 2024
The Bureau of Labor Statistics on Tuesday reported that the consumer price index for all items last month had increased 3.1 percent since January of 2023. The rate […]
Federal Reserve maintains interest rates, details outlook
Feb 1, 2024
Interest rates to remain between 5.25 and 5.5 percent.
Federal Reserve keeps interest rates steady
Dec 14, 2023
Federal Reserve Chairman Jerome Powell claims inflation has decreased over past year.
Federal Reserve keeps interest rates in place
Nov 2, 2023
Federal Reserve claims its making progress in reducing inflation.
Fed keeps interest rates flat for now
Sep 21, 2023
Federal Reserve has raised interest rates 11 times since March 2022.
Fed raises interest rates a quarter point
Mar 23, 2023
The Federal Reserve’s decision on Wednesday to raise interest rates for the ninth time since last March comes amid turmoil in the banking sector. Fed Chairman […]
Economy shrinks, Fed raises rates
Jul 28, 2022
Federal Reserve voted to raise interest rates on Wednesday.
Inflation hits 40-year high in June
Jul 13, 2022
Federal Reserve expected to raise key short-term interest rates again.