Government, Business

Consumer Sentiment Index Edges Higher in February

WASHINGTON — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy.

Christopher Rugaber | Associated Press
February 16, 2024
Government, Business

Fed Keeps Rate Unchanged, Signals Cuts Coming Next Year

The Federal Reserve kept its key interest rate the same Dec. 13 for a third straight time, and officials signaled they expect to make three quarter-point cuts to the benchmark rate next year.

Christopher Rugaber | Associated Press
December 13, 2023
Government, Business

Labor Market Solid With 199,000 Jobs Added in November

The nation’s employers added a solid 199,000 jobs in November and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing.”

Christopher Rugaber | Associated Press
December 8, 2023
Government, Business

Fed Keeps Benchmark Interest Rate at 5.4%

WASHINGTON — The Federal Reserve kept its key short-term interest rate unchanged Nov. 1 but left the door open to further rate hikes if inflation pressures should accelerate.

Christopher Rugaber | Associated Press
November 1, 2023
Government, Business

Economy Accelerated to a Strong 4.9% Rate Last Quarter

WASHINGTON — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied rising interest rates to spend at a brisk pace.

Christopher Rugaber | Associated Press
October 26, 2023
Government, Business

Inflation Eased Slightly in September

WASHINGTON — Measures of U.S. inflation in September showed that the pace of price increases is still grinding lower, though at a slow and uneven pace.

Christopher Rugaber | Associated Press
October 12, 2023
Government, Business

Employers Added a Strong 336,000 Jobs in September

WASHINGTON — Employers added 336,000 jobs in September, an unexpectedly robust gain that suggests that many companies remain confident enough to keep hiring despite high interest rates.

Christopher Rugaber | Associated Press
October 6, 2023
Government, Business

Fed Keeps Key Interest Rate Unchanged

WASHINGTON — The Federal Reserve left its key interest rate unchanged Sept. 20 for the second time in its past three meetings, but also signaled it expects to raise rates once more this year.

Christopher Rugaber | Associated Press
September 20, 2023
Government, Business

Fed Economists ‘No Longer Forecasting a Recession’

The Federal Reserve said July 26 it no longer foresees a recession and raised its key interest rate by a quarter-point from roughly 5.1% to 5.3% — its highest level since 2001.

Christopher Rugaber | Associated Press
July 26, 2023
Government, Business

Inflation Falls to 3% in June, Lowest in Two Years

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with 12 months earlier.

Christopher Rugaber | Associated Press
July 12, 2023