Economy of the United States
WASHINGTON (AP) — The U.S. economy added 175,000 jobs in May, a gain that shows employers are hiring at a still-modest but steady pace despite government spending cuts and higher taxes. The unemployment rate rose […]
(The Associated Press) – Chairman Ben Bernanke is a deft communicator who will leave the Federal Reserve once his second term ends in January and should be succeeded by Vice Chairman Janet Yellen. The rising […]
WASHINGTON (AP) — A measure of the U.S. economy’s health over the next six months declined slightly in March from February, a sign that growth may slow this spring.
Every president since Richard Nixon has pushed to cut U.S. dependence on imported oil, and President Barack Obama is no exception. Now, though, for the first time in 30 years, oil imports are falling in a significant way.
(AP) – The U.S. economy added just 88,000 jobs in March, a sharp drop from the average 221,000 created in the previous four months. At the same time, the unemployment rate fell to 7.6 percent from 7.7 percent in February.
WASHINGTON (AP) — Americans are less confident in the economy than they were last month as massive government spending cuts have stoked economic uncertainty.
WASHINGTON (AP) — The Federal Reserve said Wednesday that the U.S. economy has strengthened after pausing late last year but still needs the Fed’s extraordinary support to help lower high unemployment.
WASHINGTON (AP) — The U.S. economy, the expected focus of Tuesday night’s State of the Union speech, is much healthier than it was four years ago. Yet growth remains slow and unemployment high.
(AP) – What lies ahead for the stock market? The AP asked leading market analysts and investment managers where they see the Standard & Poor’s 500 index winding up by the end of 2013 and why.
WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke says the U.S. economy is already being hurt by the “fiscal cliff” standoff in Washington but the Fed believes the crisis will be resolved without significant long-term damage.
NEW YORK (AP) – Investors are taking little comfort from the latest deal to deliver financial aid to Greece and better readings on consumer confidence and durable goods orders in the U.S. Indexes were little […]
OMAHA, Neb. (AP) – Investor Warren Buffett says there won’t be a recession if Congress can’t resolve the so-called fiscal cliff before the automatic tax increases and spending cuts take effect in January. Buffett told […]