WASHINGTON (AP) — America's job market delivered a burst of strength in February. It lifted hopes that the rollout of viral vaccines, the distribution of federal aid and the increasing willingness and ability of consumers to go out and spend will invigorate the economy as the weather warms up.
WASHINGTON (AP) — U.S. hiring accelerated more quickly than expected last month, evidence that a year after the pandemic took hold, the economy is strengthening as virus cases drop and vaccinations ramp up.
NEW YORK (AP) — Interest rates keep marching higher, and Wall Street keeps shaking because of it.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Thursday that inflation will pick up in the coming months but that it would likely prove temporary and not enough for the Fed to alter its record-low interest rate policies.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
The Congressional Budget Office estimated Thursday that persistent budget deficits will cause the federal debt to double in size over the next 30 years.
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates.
BRUSSELS (AP) — The European Union is set to extend for around two more years the economic safety net it put in place to help save businesses and jobs from the impact of restrictions imposed to halt the spread of the coronavirus.
MINNEAPOLIS (AP) — Minnesota's budget outlook has swung from a near $1.3 billion deficit to an almost $1.6 billion surplus, state economists announced Friday, an improvement that could ease the big debates for the rest of the legislative session over taxes and spending.
NEW YORK (AP) — Yes, it’s possible to have too much of a good thing, and that’s exactly why stock markets around the world are getting so unsettled.
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though applications for aid remain at a historically high level.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains.
RALEIGH, N.C. (AP) — North Carolina is in a stronger financial position than budget analysts anticipated last year at the start of the pandemic, according to a report from a group of economists.
BRUSSELS (AP) — Despite deep uncertainty over a surge in coronavirus cases and the impact of new variants of the disease, senior European Commission officials on Thursday expressed cautious optimism that European economies will rebound later this year and in 2022.
BEIJING (AP) — Asian stocks were mostly higher Tuesday after Wall St. rose to a new record.
TOKYO (AP) — Asian shares mostly rose Monday, echoing the rally on Wall Street last week, with Japan's benchmark momentarily reaching three-decade highs on growing optimism over the global economy.