WASHINGTON (AP) — The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported
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US producer prices rise modest 2.6% in May
WASHINGTON (AP) — U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild. The Labor Department reported Thursday that its
Inflation rose slightly last month as grocery prices ticked higher
WASHINGTON (AP) — U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared
U.S. hiring likely slowed to 130,000 new jobs last month amid uncertainty over Trump’s policies
WASHINGTON (AP) — The American job market likely continued to slow last month, hobbled by worries over President Donald Trump’s trade wars, deportations and purges of the federal
Unemployment benefits filings rose to highest level in 8 months last week
WASHINGTON (AP) — Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs
Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war
NEW YORK (AP) — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies