Tag: economy

TOPEKA — Collection of income and sales taxes by the state of Kansas in the just-completed fiscal year reached $10.16 billion to surpass the previous year’s revenue deposits by more than $400 million, officials said…

Economists have been predicting a recession for months, but the labor market has remained resilient, wage growth is higher than before the pandemic, and inflation continues to drop, now at 4% compared to 9.1% in…

BEIJING (AP) — China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic rebound following the end of anti-virus controls is slowing as global demand…

WASHINGTON (AP) — House negotiators are making progress toward an agreement with the White House to raise the nation’s debt ceiling, racing to close out a deal ahead of a looming deadline to avert a…

WASHINGTON (AP) — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a first-ever default on the federal debt…

WASHINGTON (AP) — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that further declines in inflation are likely to be slow and bumpy. Prices…

TOPEKA — Budget analysts and economists expect cooling inflation and modest growth to push state revenues slightly higher than expected over the next couple of years, preserving a surplus cushion of billions of dollars. The…

WASHINGTON — Experts told the U.S. House Budget Committee on Wednesday the country’s economic outlook is problematic, as a fierce debate over the nation’s budget remains front and center. House Republicans, led by Speaker Kevin…

WASHINGTON (AP) — Wholesale price increases in the United States slowed sharply last month as food and energy costs declined, a sign that inflationary pressures may be easing as the Federal Reserve considers whether to…

NEW YORK (AP) — President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a…