A tepid labor market, yet fewer layoffs: US jobless claims slip to 205,000
WASHINGTON (AP) — U.S. applications for unemployment benefits fell last week, remaining in the same range of recent…
Asian shares skid as oil and gas prices surge
BANGKOK (AP) — Shares retreated Thursday in Asia after stocks on Wall Street slumped as oil prices spiked…
Fed projects one rate cut this year as Powell vows to stay on until DOJ investigation is finished
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted…
Oil prices resume their rise, but US stocks hold steadier this time around
NEW YORK (AP) — Oil prices are resuming their rise on Tuesday because of the war with Iran,…
Key inflation gauge worsened in January, before Iran war lifted gas prices
WASHINGTON — An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest…
Closely followed inflation measure worsened to start the year
WASHINGTON (AP) — An inflation gauge closely monitored by the Federal Reserve moved higher in January in the…
The US economy stumbles to 0.7% growth as the shutdown drags down GDP
WASHINGTON (AP) — The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish…
When stock markets get shaken, it can pay for investors to be patient
NEW YORK (AP) — When stock markets are as manic as they’ve been recently, it’s natural to want…
US jobless claims edge down to 213,000 as layoffs stay historically low
WASHINGTON (AP) — U.S. applications for unemployment benefits inched down modestly last week as layoffs remain at historically…
Brent crude oil tops $100 a barrel as Iran attacks shipping
BANGKOK (AP) — The price of a barrel of Brent crude oil, the international standard, topped $100 a…
Inflation likely to spike in coming months after tame February reading
WASHINGTON (AP) — Inflation likely was elevated last month even before the spike in oil and gas prices…
US homes sales bounced back in February as homebuyers seized on easing mortgage rates
Sales of previously occupied U.S. homes bounced back in February as home shoppers took advantage of easing mortgage…