News
Is hiring picking up in the US? Thursday's report will help illustrate trends
4+ hour, 46+ min ago (590+ words) A job seeker waits to talk to a recruiter at a job fair Aug. 28, 2025, in Sunrise, Fla. Credit: AP/Marta Lavandier WASHINGTON " Is the U. S. economy emerging from a period of sluggish hiring to something more dynamic? Thursday's report from the…...
Survey shows Japan's business sentiment improving for a 5th straight quarter
1+ day, 3+ hour ago (330+ words) Tokyo container terminal is pictured in Tokyo on Feb. 19, 2025. Credit: AP/Eugene Hoshiko TOKYO " Business sentiment among major Japanese manufacturers has improved for a fifth straight quarter, the Bank of Japan said in its quarterly "tankan" survey released Wednesday. The…...
Free eggs coming after investigation reveals price collusion among producers
1+ day, 13+ hour ago (437+ words) Eggs stocked at Stew Leonard's in Farmingdale in January. Credit: Barry Sloan A multistate bipartisan investigation into the nationwide manipulation of egg prices has resulted in an settlement this week that includes free eggs for consumers in 17 states, The U. S. Department…...
Europe's central bank head defends its recent rate hike to fight inflation
2+ day, 3+ hour ago (441+ words) The Euro sculpture stands in front of the former headquarters of the European Central Bank (ECB) in Frankfurt, Germany, May 23, 2023. Credit: AP/Michael Probst FRANKFURT, Germany " The head of the European Central Bank defended its June 11 rate hike as justified…...
What the Supreme Court's ruling in the Cook case means for Federal Reserve independence
2+ day, 11+ hour ago (875+ words) The William Mc Chesney Martin Jr. building, which houses the Board of Governors of the Federal Reserve System, is seen on April 7, 2025, in Washington. Credit: AP/Jacquelyn Martin WASHINGTON " The Supreme Court on Monday said the Federal Reserve, unlike any…...
America In Focus: key inflation gauge surges to 3-year high, mortgage rate climbs
4+ day, 18+ hour ago (827+ words) An electronic billboard with an image of President Donald Trump reads "I love the inflation." - Donald J. Trump June 10, 2026," is seen near I-74 in Cincinnati, Tuesday, June 16, 2026. Credit: AP/Carolyn Kaster The economy, inflation and how those forces could impact the lives…...
Alan Greenspan was on a pedestal until everything crashed
5+ day, 22+ hour ago (421+ words) A deeply trusted, highly regarded central banker, Federal Reserve Chairman Alan Greenspan's every move was scrutinized. He is seen on Capitol Hill in 2009, a few years after leaving the board. Credit: Getty Images / Mark Wilson It was May of 2005, and…...
Key inflation gauge jumps to 3-year high in latest sign of affordability challenges
6+ day, 14+ hour ago (701+ words) A customer readies to pump gas at this Ridgeland, Miss. , Costco, Tuesday, May 24, 2022. s. Credit: AP/Rogelio V. Solis WASHINGTON " The Federal Reserve's preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs…...
US economy expanded at solid 2. 1% pace in January-March, government says, upgrading last estimate
6+ day, 15+ hour ago (30+ words) The U. S. economy expanded at a solid and unexpected 2. 1% annual pace from January through March, the Commerce Department reported Thursday in its final estimate of first-quarter growth....
Former Federal Reserve Chairman Alan Greenspan dies at 100
1+ week, 2+ day ago (1319+ words) Economist Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006, is seen in his office in Washington, Friday, Oct. 18, 2013. Credit: AP/J. Scott Applewhite WASHINGTON " U. S. Federal Reserve Chair Alan Greenspan has died at the age of 100. He died on Monday from…...