Economy
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a... Read More
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could... Read More
WASHINGTON (AP) — After an extended period of gloom, Americans are starting to feel better about inflation and the economy —... Read More
WASHINGTON (AP) — After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden's political fortunes. A measure of consumer... Read More
WASHINGTON (AP) — The Biden administration will start canceling student loans for some borrowers in February as part of a new... Read More
WASHINGTON (AP) — The Biden administration will start canceling student loans for some borrowers in February as part of a new repayment plan that's taking effect nearly six months ahead of schedule. Loan forgiveness was originally set to begin in July under... Read More
WASHINGTON (AP) — President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday... Read More
WASHINGTON (AP) — President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday to spotlight a surge in federal government support for Black-owned small businesses during his White House tenure and to highlight... Read More
NEW YORK (AP) — Wall Street is ticking higher Thursday following its big rally the day before on excitement that... Read More
NEW YORK (AP) — Wall Street is ticking higher Thursday following its big rally the day before on excitement that several cuts to interest rates may indeed be coming next year. The S&P 500 was 0.3% higher in morning trading... Read More
WASHINGTON (AP) — President Joe Biden on Monday will convene the first meeting of his supply chain resilience council, using the event... Read More
WASHINGTON (AP) — President Joe Biden on Monday will convene the first meeting of his supply chain resilience council, using the event to announce 30 actions to improve access to medicine and needed economic data and other programs tied to the production... Read More
A nonpartisan business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major... Read More
A nonpartisan business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022. At least $86 billion in investments have been announced,... Read More
WASHINGTON (AP) — American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated.... Read More
WASHINGTON (AP) — American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 102.6 from 104.3 in... Read More
DETROIT (AP) — The United Auto Workers union turned up the heat on General Motors as 5,000 workers walked off... Read More
DETROIT (AP) — The United Auto Workers union turned up the heat on General Motors as 5,000 workers walked off their jobs Tuesday at a highly profitable SUV factory in Arlington, Texas. The move comes just a day after the... Read More
NEW YORK (AP) — Wall Street is drifting Tuesday following the latest signal that the U.S. economy remains solid, though... Read More
NEW YORK (AP) — Wall Street is drifting Tuesday following the latest signal that the U.S. economy remains solid, though perhaps too strong for the Federal Reserve’s liking. The S&P 500 was 0.2% higher in midday trading after erasing an... Read More
WASHINGTON — With a partial federal shutdown growing ever more likely come midnight Saturday, the Biden administration on Monday began... Read More
WASHINGTON — With a partial federal shutdown growing ever more likely come midnight Saturday, the Biden administration on Monday began underscoring the consequences of Congress not quickly taking steps to avert it. At Monday afternoon’s press briefing at the White... Read More
LOS ANGELES (AP) — Screenwriters’ union leaders and Hollywood studios have reached a tentative agreement to end a historic strike after nearly... Read More
LOS ANGELES (AP) — Screenwriters’ union leaders and Hollywood studios have reached a tentative agreement to end a historic strike after nearly five months, raising hopes that a crippling shutdown of film and television filming is near an end. Actors remain on... Read More
WASHINGTON — Total Halloween spending could reach a record $12.2 billion this year, significantly outpacing last year’s record $10.6 billion... Read More
WASHINGTON — Total Halloween spending could reach a record $12.2 billion this year, significantly outpacing last year’s record $10.6 billion in sales, according to a survey conducted for the National Retail Federation. The annual market appraisal, which was performed on... Read More
SANTA FE, N.M. (AP) — Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes... Read More
SANTA FE, N.M. (AP) — Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states. Trade missions this week have taken New Mexico. Gov.... Read More
DES MOINES, Iowa (AP) — A long stretch of hot, dry weather has left the Mississippi River so low that barge companies... Read More
DES MOINES, Iowa (AP) — A long stretch of hot, dry weather has left the Mississippi River so low that barge companies are reducing their loads just as Midwest farmers are preparing to harvest crops and send tons of corn and soybeans... Read More
DETROIT (AP) — About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn’t... Read More
DETROIT (AP) — About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn’t bridge a giant gap between union demands in contract talks and what Detroit’s three automakers are willing to pay. Members... Read More
WASHINGTON — The nation’s poverty rate increased dramatically last year as inflation drove up the cost of living and federal... Read More
WASHINGTON — The nation’s poverty rate increased dramatically last year as inflation drove up the cost of living and federal aid programs created to help families weather the coronavirus pandemic were allowed to expire, the Census Bureau said on Tuesday.... Read More
WASHINGTON (AP) — Speaker Kevin McCarthy is expected to endorse moving ahead with an impeachment inquiry into President Joe Biden as he faces... Read More
WASHINGTON (AP) — Speaker Kevin McCarthy is expected to endorse moving ahead with an impeachment inquiry into President Joe Biden as he faces mounting pressure from his right flank to take action with the House returning Tuesday for a disruptive fall agenda. McCarthy is... Read More
NEW YORK (AP) — Stocks rose in morning trading on Wall Street Tuesday as two economic reports suggested the economy... Read More
NEW YORK (AP) — Stocks rose in morning trading on Wall Street Tuesday as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates. The S&P 500 rose 0.7%, adding to the... Read More
MILWAUKEE (AP) — In a show of preemptive counter-programming, President Joe Biden on Tuesday traveled to Wisconsin to highlight his economic policies in a... Read More
MILWAUKEE (AP) — In a show of preemptive counter-programming, President Joe Biden on Tuesday traveled to Wisconsin to highlight his economic policies in a state critical to his reelection fortunes, just a week before Republicans descend on Milwaukee for the party’s first presidential debate. His arrival... Read More
WASHINGTON — While Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin are on their tandem investment visit... Read More
WASHINGTON — While Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin are on their tandem investment visit to the Indo-Pacific, a third Biden administration official, Secretary of Commerce Gina Raimondo, was touting the region as an epicenter... Read More
WELCH, W.Va. (AP) — Months after Missy Nester ended The Welch News' 100-year run, she can barely stand to walk... Read More
WELCH, W.Va. (AP) — Months after Missy Nester ended The Welch News' 100-year run, she can barely stand to walk through the office doors of the newspaper her mother taught her to read with growing up in West Virginia's southern... Read More
WASHINGTON (AP) — U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased... Read More
WASHINGTON (AP) — U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience in the face of dramatically higher interest rates. The Conference Board, a... Read More
WASHINGTON (AP) — Squeezed by painfully high prices for two years, Americans have gained some much-needed relief with inflation reaching... Read More
WASHINGTON (AP) — Squeezed by painfully high prices for two years, Americans have gained some much-needed relief with inflation reaching its lowest point since early 2021 — 3% in June compared with a year earlier — thanks in part to... Read More
WASHINGTON — The Federal Reserve, the central banking system of the United States, is currently facing several significant challenges in... Read More
WASHINGTON — The Federal Reserve, the central banking system of the United States, is currently facing several significant challenges in its efforts to maintain a stable and robust banking system. The panel of Federal Reserve governors voted unanimously last month... Read More
WEST LAFAYETTE, Ind. — Farmers are feeling more optimistic about the financial future of their own farms and their industry... Read More
WEST LAFAYETTE, Ind. — Farmers are feeling more optimistic about the financial future of their own farms and their industry as a whole, according to the latest Ag Economy Barometer compiled by Purdue University and CME Group. The monthly measure... Read More
NEW YORK (AP) — Wall Street is rallying again Friday after reports suggested pressure on inflation may be easing. The... Read More
NEW YORK (AP) — Wall Street is rallying again Friday after reports suggested pressure on inflation may be easing. The stock market is rolling toward the close of a winning week, month and first half of the year. The S&P... Read More
Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of... Read More
Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation. The Conference Board reported Tuesday that its consumer confidence index fell to 102.3 in May from 103.7... Read More
WASHINGTON — Travel for business and leisure has a $2.6 trillion annual impact on the U.S. economy, and the U.S.... Read More
WASHINGTON — Travel for business and leisure has a $2.6 trillion annual impact on the U.S. economy, and the U.S. Travel Association is taking steps to make sure you don’t forget it as the summer travel season gets underway this... Read More
WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion... Read More
WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement as negotiators strained to raise the nation's borrowing limit... Read More