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6 May 2024
CHRISTOPHER S. RUGABER, AP Economics Writer
U.S. Consumer Confidence Down Amid Virus
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Mar 31, 2020
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt. The Conference Board reported Tuesday that...
Feds Step In Again to Smooth Out Lending Markets
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Mar 31, 2020
WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world’s lending markets, this time by lending dollars to other central banks in exchange for Treasurys. The Fed’s move Tuesday...
Economy Adds 225K Jobs; Unemployment 3.6%
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Feb 7, 2020
WASHINGTON (AP) — Hiring jumped last month as U.S. employers added a robust 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing. The Labor Department...
Fed Using Private Data to Judge Economy
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Feb 5, 2020
WASHINGTON (AP) — About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed to know if the turmoil was chilling consumer spending. Problem was,...
Employers Post More Jobs Available in October
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Dec 17, 2019
WASHINGTON (AP) — The number of available jobs jumped in October after hitting an 18-month low the previous month, a sign the job market remains strong. The Labor Department said Tuesday that the number of available...
Fed Leaves Rates Alone, May Do Same in 2020
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Dec 11, 2019
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate alone Wednesday and signaled that it expects to keep low rates unchanged through next year. The Fed’s decision follows three rate cuts earlier this year....
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