Tag: economy

WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in both years…

INDIANAPOLIS (AP) — Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines…

WASHINGTON — Democrats and Republicans alike have long expected next year’s midterm elections to hinge on the state of the coronavirus pandemic, the job market and former President Donald Trump’s influence on the GOP. Now,…

WASHINGTON (AP) — Consumer prices rose 0.4% last month, slightly higher than August’s gain and pushing annual inflation back to the highest increase in 13 years.  The consumer price index rose 5.4% in September from…

TOKYO (AP) — Japan’s government announced today that the coronavirus state of emergency will end this week to help rejuvenate the economy as infections slow. Prime Minister Yoshihide Suga said the emergency will end Thursday…

WASHINGTON (AP) — Restaurant and hotel owners struggling to fill jobs. Supply-chain delays forcing up prices for small businesses. Unemployed Americans unable to find work even with job openings at a record high. Those and…

NEW YORK (AP) — Despite a rise in COVID-19 cases Americans spent at a brisk pace last month, though much of that spending was done online and not at restaurants or other industries beleaguered by…

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week by 14,000 to 385,000, more evidence that the economy and the job market are rebounding briskly from the coronavirus recession. The…

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic…

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months” before “moderating,” an apparent acknowledgement that price gains have been larger and more persistent than many economists…