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Number of federal workers seeking US jobless aid doubles

WASHINGTON (AP) — The number of furloughed federal employees seeking unemployment benefits jumped in the first two weeks of the shutdown, topping 10,000 during the week of Jan. 5. The Labor Department said Thursday that is double the number of...

 

From travel to IPOs, how shutdown is upsetting US economy

WASHINGTON (AP) — Delta Air Lines can't get eight new aircraft in the air. Roughly a million government employees and contractors aren't being paid. Some Americans who are trying to start small businesses face delays in obtaining the required tax i...

 

AP FACT CHECK: Trump's 'record' poverty drop, Flynn's lies

WASHINGTON (AP) — President Donald Trump is spreading misinformation about U.S. economic growth, the Russia investigation and the Islamic State group in Syria. He and his advisers are declaring a "record" drop in U.S. poverty last year where none...

 

AP FACT CHECK: Trump's trade claims, Paris protesters' chant

WASHINGTON (AP) — Eager for a historic trade agreement, President Donald Trump is claiming done deals with China that aren't measuring up to the hype. He describes last week's meeting with Chinese President Xi Jinping in Buenos Aires, Argentina,...

 

US hiring pullback could signal mild slowdown in growth

WASHINGTON (AP) — U.S. job growth declined modestly in November, a move that could signal a slower but still steady pace of hiring and growth next year. The potential for a more anemic economy contributed to a sharp drop in the stock market...

 

White House intensifies confusion and fear on US-China deal

WASHINGTON (AP) — The Trump administration raised doubts Tuesday about the substance of a U.S.-China trade cease-fire, contributing to a broad stock market plunge and intensifying fears of a global economic slowdown.  Investors had initially...

 

AP FACT CHECK: Trump's election fiction on GOP wins, economy

WASHINGTON (AP) — Fresh off the GOP's loss of the House, President Donald Trump is fudging the success of a "booming" economy and overstating the impact of his campaigning on the midterm elections. He suggested that every Republican congressional...

 

With employers eager to fill jobs, hiring could stay strong

WASHINGTON (AP) — Against the backdrop of next week's midterm elections, the U.S. job market is the healthiest it's been in at least two decades. And with another strong hiring report expected Friday, some barometers of the job market suggest that...

 

US economy looks strong heading into congressional elections

WASHINGTON (AP) — For a U.S. economic expansion now in its 10th year, hiring remains robust, growth has picked up and the outlook is a mostly bright one on the eve of congressional elections.  On Friday, the government reported that employers...

 

Wages surge as US adds a robust 250,000 jobs in October

WASHINGTON (AP) — U.S. businesses ramped up hiring in October, and wages rose by the largest year-over-year amount in nearly a decade, a combination that is pulling a rising share of Americans into the job market. In the final major economic...

 

What could soothe markets? Solid earnings, economic reports

WASHINGTON (AP) — After a harrowing week for financial markets, investors will look for solid corporate earnings reports and healthy economic news over the next few weeks to calm things down. This week, sharply higher bond yields, fears of faster...

 

US unemployment falls to 3.7 percent _ lowest since 1969

WASHINGTON (AP) — The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast. The Labor...

 

Not since 1969: US regains ultra-low 3.7 pct. unemployment

WASHINGTON (AP) — The last time the U.S. unemployment rate was roughly as low as the 3.7 percent it is now — December 1969 — the economy was overheating, inflation was spiking and a short recession soon followed. Could that happen again?...

 

US retail sales up just 0.1 pct. after previous strong gain

WASHINGTON (AP) — U.S. retail sales barely rose in August as consumers slowed their spending after a robust month of shopping in July. The Commerce Department said Friday that the value of purchases ticked up just 0.1 percent last month, the smalle...

 

US hiring picked up in August as pay surged most in 9 years

WASHINGTON (AP) — The pace of hiring in the United States quickened in August, and wages grew at their fastest pace in nine years — evidence that employers remain confident despite the Trump administration's ongoing conflicts with its trading...

 

US retail sales rose at robust 0.5 pct. annual rate in July

WASHINGTON (AP) — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that consumers are helping drive robust economic growth. Retail sales rose at a 0.5 percent annual rate in July, after a 0.2 percent...

 

US producer prices flat in July, restraining inflation

WASHINGTON (AP) — U.S. wholesale prices were unchanged in July after two months of large increases, a sign inflation pressures may have softened. The Labor Department said Thursday that the producer price index — which measures price changes...

 

AP FACT CHECK: Trump skews claims on economy, GDP growth

WASHINGTON (AP) — President Donald Trump is prematurely claiming he proved naysayers wrong in boosting U.S. economic growth. Speaking at events Thursday in Iowa and Illinois, Trump claimed victory in advance of Friday's government release of...

 

Can big-spending US consumers and businesses sustain growth?

WASHINGTON (AP) — Americans spent with abandon this spring. Businesses invested in more buildings and equipment. And exports jumped. Combined, those factors drove economic growth in the April-June quarter to a 4.1 percent annual rate, the fastest...

 

Analysts: Trump tariff threats unlikely to yield trade deals

WASHINGTON (AP) — With President Donald Trump intensifying his rift with U.S. trading partners, economists are growing more doubtful that any deal that might benefit American workers and companies is in sight. Instead, many analysts say they...

 

US launches national security probe into uranium imports

WASHINGTON (AP) — The Commerce Department has started an investigation into the impact of uranium imports on U.S. national security, a move that could limit future imports and add another front to the Trump administration's trade fight. Commerce...

 

US inflation reaches 2.9 percent in June, highest in 6 years

WASHINGTON (AP) — Consumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gas, car insurance, and higher rent. The Labor Department said Thursday that the consumer price index ticked up...

 

A new round of proposed Trump tariffs would hit US consumers

WASHINGTON (AP) — Now consumers are in the cross-hairs. Americans could soon find themselves paying more for goods they might not have known were imported from China. It's a potential consequence of a new round of tariffs the Trump administration...

 

US employers keep on hiring despite growing trade concerns

WASHINGTON (AP) — Defying fears of a global trade war, U.S. businesses have made it abundantly clear that they see no reason to stop hiring. Employers added a robust 233,000 jobs in May, up from 159,000 in April, the government said Friday, and...

 

US unemployment falls to nearly 1969 levels; hiring solid

WASHINGTON (AP) — Another month of strong hiring drove the nation's unemployment rate down to 3.8 percent — tantalizingly close to the level last seen in 1969, when Detroit still dominated the auto industry and the Vietnam War was raging....

 

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