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High-level US and China trade talks to resume next week

WASHINGTON (AP) — Top U.S. trade and economic officials will visit China late next week for another round of negotiations, a White House official said Tuesday. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will...

 

US wages rise by most in decade even as hiring tumbles

WASHINGTON (AP) — The pace of hiring in the United States fell last month to its lowest point in nearly a year and a half, a surprise drop likely reflecting harsh weather and other temporary factors that led most economists to see the slowdown as...

 

US job openings jump to record high of 7.3 million

WASHINGTON (AP) — U.S. employers posted the most open jobs in December in the nearly two decades that records have been kept, evidence that the job market is strong despite several challenges facing the economy. The Labor Department said Tuesday...

 

AP FACT CHECK: Trump's speech exaggerates border peril

WASHINGTON (AP) — President Donald Trump exaggerated perils at the border, flubbed food stamp numbers and the length of wars and told partial truths on drug prices in his State of the Union speech. Trump also celebrated a couple of workforce measur...

 

AP FACT CHECK: Trump's claims in his State of Union address

WASHINGTON (AP) — President Donald Trump laced his State of the Union speech with puffed-up numbers and partial truths Tuesday as he hailed an "economic miracle," warned of human traffickers flooding across the border and appeared to place...

 

For US-China trade talks, hopes are high, expectations low

WASHINGTON (AP) — U.S. and Chinese negotiators start two days of high-level talks Wednesday aimed at settling a six-month trade war that has weakened both sides, shaken financial markets and clouded the outlook for the global economy. Yet the odds...

 

Government shutdown poses increasing risk to wider economy

WASHINGTON (AP) — At this time of year, John Sprinkle and his wife would normally be planning their summer vacation. Not now. Sprinkle, a furloughed federal employee, is about to miss his second paycheck since the partial government shutdown began...

 

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...

 

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