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Articles written by Christopher S. Rugaber

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Closed ports, lost power: How storm could hurt area economy

WASHINGTON (AP) — Ports are closing. Farmers are moving hogs to high ground. Dealers are parking cars in service bays for refuge. And up to 3 million energy customers in North and South Carolina could lose power for weeks. Across the Carolinas,...

 

US businesses cast wider net as jobless rate hits 3.9 pct.

WASHINGTON (AP) — With the U.S. unemployment rate near a five-decade low, companies are looking harder for employees, and in some cases finding them right at their own workplaces. Businesses are adding more hours for part-timers and converting...

 

Trump heightens China tariff threat with no deal in sight

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...

 

AP FACT CHECK: Trump's iffy numbers on regulation

WASHINGTON (AP) — President Donald Trump and his administration are ignoring one side of the ledger when they claim big savings from the federal regulations they've been able to roll back over most of this year. Here's a look at some of Trump's...

 

In US, factory jobs are high-tech, but the workers are not

NORWOOD, Ohio (AP) — Herbie Mays is 3M proud, and it shows — in the 3M shirt he wears; in the 3M ring he earned after three decades at the company's plant in suburban Cincinnati; in the way he shows off a card from a 3M supervisor, praising Mays...

 

Cheaper gas, wireless plans keep US inflation in check

WASHINGTON (AP) — Lower costs for gas, airline tickets, new and used cars and wireless mobile phone plans kept U.S. consumer prices flat in June, evidence that inflation remains muted. The unchanged reading followed a drop of 0.1 percent in May,...

 

Hiring surged last month in a sign of US economic vitality

WASHINGTON (AP) — Hiring surged in June in a surprising show of U.S. economic vitality eight years into the recovery from the Great Recession. Pay gains remain weak, though, a stark reminder of one of the economy's key shortcomings. Employers...

 

Log in, look out: Cyberattack havoc may grow at week's start

LONDON (AP) — An unprecedented "ransomware" cyberattack that has already hit tens of thousands of victims in 150 countries could wreak greater havoc as more malicious variations appear and people return to their desks Monday and power up computers...

 

Why Trump tax cut may not deliver the boost White House says

WASHINGTON (AP) — President Donald Trump's team boasted Wednesday that its tax-cut plan would lighten Americans' financial burdens, ignite economic growth and vastly simplify tax filing. Yet the proposal so far remains short of vital details,...

 

Trump tax cut: Huge, vague and likely mild boost for economy

WASHINGTON (AP) — President Donald Trump's team boasted Wednesday that its tax-cut plan would lighten Americans' financial burdens, ignite economic growth and vastly simplify tax filing. Yet the proposal so far remains short of vital details,...

 

US Treasury rejects Exxon Mobil request to drill in Russia

WASHINGTON (AP) — The Trump administration has rejected a request from Exxon Mobil to waive U.S. sanctions against Russia to allow the company to resume oil drilling around the Black Sea. Treasury Secretary Steven Mnuchin said Friday in a brief...

 

Death rates up for middle age whites with little education

WASHINGTON (AP) — A sobering portrait of less-educated middle-age white Americans emerged Thursday with new research showing them dying disproportionately from what one expert calls "deaths of despair" — suicides, drug overdoses and...

 

US factory production rose for 6th straight time in February

WASHINGTON (AP) — U.S. factories cranked out more autos, steel and computers in February, the sixth straight monthly increase in manufacturing output. Factory production rose a seasonally adjusted 0.5 percent last month from January, the Federal Re...

 

AP FACT CHECK: Trump praises Exxon and himself for 2013 plan

WASHINGTON (AP) — President Donald Trump is again citing corporate investments planned before he took office as evidence that his policies are growing jobs and business. "We are already winning again, America!" he tweeted Monday after Exxon Mobil...

 

An American fault line: High school-only grads left behind

WASHINGTON (AP) — Americans with no more than a high school diploma have fallen so far behind college graduates in their economic lives that the earnings gap between college grads and everyone else has reached its widest point on record. The...

 

Some advice for borrowers and investors: Take a deep breath

WASHINGTON (AP) — If you're about to buy a home, shop for a car or borrow for college, the pros have some advice: Go ahead. The Federal Reserve's decision Wednesday to slightly raise its key interest rate, advisers say, should have little...

 

The economy that Trump inherits: Durable but sluggish

WASHINGTON (AP) — Donald Trump inherits a much sturdier economy than the one Barack Obama carried into his second term four years ago. Back then, the scars of the Great Recession were still fresh. Joblessness was near 8 percent. Pay was flat....

 

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