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U.S. economy shows signs of strain as Iran war brings more uncertainty
3+ hour, 7+ min ago (236+ words) helps your community explore new worlds and ideas through programs that educate, inform and inspire. Your tax-deductible donation helps make it all possible. A disappointing jobs report shows that employers cut 92,000 jobs in February. The report also included downward revisions…...
U.S. lost 92,000 jobs last month and unemployment rate rises to 4.4%
11+ hour, 55+ min ago (787+ words) WATCH: Revised economic numbers inject uncertainty into jobs market The Labor Department reported Friday that hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs. Economists had expected 60,000 new jobs in February. Revisions also cut 69,000 jobs…...
Lloyd Blankfein on his memoir 'Streetwise' and broader economic concerns
1+ day, 3+ hour ago (117+ words) Lloyd Blankfein on his memoir 'Streetwise' and broader economic concerns'PBS Stand up for truly independent, trusted news. Lloyd Blankfein on his memoir 'Streetwise' and broader economic concerns On Thursday, the markets had their worst day since the U.S. war in Iran…...
China's economic ambitions hit limits to growth as its national congress prepares to meet
3+ day, 2+ hour ago (1003+ words) The gap between Chinese leader Xi Jinping's high-tech, artificial intelligence-driven ambitions and the hard realities of slowing growth is the backdrop for the annual meeting of the country's largely ceremonial national legislature, the National People's Congress, which begins Thursday. During…...
U.S. stocks rebound from sharp losses, while oil prices leap on worries about Iran war
4+ day, 5+ hour ago (842+ words) Stand up for truly independent, trusted news. LIVE UPDATES: U.S.-Israel conflict with Iran widens Crude prices jumped more than 6%, which will likely mean higher prices soon at gasoline pumps. That would hurt not only U.S. households, whose spending makes up the…...
Soaring cost of food and other staples squeezes Iranians as threat of U.S. attack looms
1+ week, 2+ day ago (882+ words) helps your community explore new worlds and ideas through programs that educate, inform and inspire. Your tax-deductible donation helps make it all possible. "Everybody is under pressure: merchants, civil servants, laborers," said Ebrahim Momeni, a 52-year-old retired civil servant. "The…...
Trump's portrayal of 'golden age' is out of sync with how Americans see economy
1+ week, 2+ day ago (716+ words) Barely 12 hours before his speech, in fact, The Conference Board, a business research group, released its latest consumer confidence report. It showed that overall confidence in the economy remains historically low, and is barely above the level it plunged to…...
U.S. economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback
2+ week, 10+ hour ago (772+ words) The nation's gross domestic product " the total output of goods and services " increased at a 1.4% annual rate in the fourth quarter, the Commerce Department reported Friday, down from 4.4% in the July-September quarter and 3.8% in the quarter before that. The figures…...
Inflation rose faster than expected in December
2+ week, 11+ hour ago (466+ words) There are no stations available for your selected ZIP Code. Prices rose 0.4% in December from the previous month, up from 0.2% in November, the Commerce Department said Friday in a report that was delayed by the six-week government shutdown last fall....
News Wrap: Economic data shows inflation easing at start of year
3+ week, 3+ hour ago (105+ words) News Wrap: Economic data shows inflation easing at start of year'PBS Your generous monthly contribution" or whatever you can give"will help secure our future. News Wrap: Economic data shows inflation easing at start of year In our news wrap…...