WASHINGTON (AP) – The Federal Reserve predicts the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years.
WASHINGTON (AP) – White people will no longer make up a majority of Americans by 2043.
The new government projection is a year later than previous estimates, made before the impact of the recent economic downturn was known.
ST. LOUIS (AP) – A new report shows that the nation’s worst drought in decades is getting worse again, ending an encouraging five-week run of improving conditions. The weekly U.S. Drought Monitor report shows that […]
WASHINGTON (AP) – U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and cheap mortgages. The National Association of Realtors says sales rose 2.1 percent to a […]
LOS ANGELES (AP) – California’s jobless rate continues to fall but it’s still above 10 percent. The state Employment Development Department says the rate was 10.1 percent in October, down from 10.2 percent a […]
NEW YORK (AP) – Travelers can expect airports to be busier and planes to be fuller than ever this Thanksgiving. And flights will be costlier. That’s the outlook from the main trade group representing U.S. […]
DETROIT (AP) – General Motors says its third-quarter profit fell 12 percent as losses grew in Europe and North American warranty costs cut into earnings. The company says it earned $1.5 billion from July through […]
WASHINGTON (AP) – The FBI says the number of violent crimes reported to police decreased 3.8 percent last year to 1.2 million, the fifth straight year of declines. Meanwhile, the amount of property crime reported […]
WASHINGTON (AP) – Americans increased their spending in September at twice the rate their income rose, a sign of confidence in the economy. The Commerce Department says consumer spending increased 0.8 percent in September, the […]
NEW YORK (AP) — A new survey says there’s a generation gap among e-book fans. Readers under 30 prefer cellphones and computers. Those over 30 like dedicated devices such as the Kindle. The Pew Research […]
SACRAMENTO, Calif. (AP) – California’s jobless rate fell to from 10.6 to 10.2 percent in September in what may be the largest drop in 36 years, the state announced Friday. The numbers from the Employment […]
LOS ANGELES (CNS) – The seasonally adjusted unemployment rate in Los Angeles County dropped to 10.6 percent in September, down from 11 percent in August, the state Employment Development Department announced today. The 10.6 percent […]