us economy

Dallas

Deep Recession or Soft Landing? Where Is the U.S. Economy?

[ad_1] Everyday there is new information and numbers coming from the economy. In January, overall inflation rose 0.5-percent and 6.4-percent…

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Los Angeles

Fed Raises Interest Rates Half a Point to Highest Level in 15 Years

[ad_1] The Federal Reserve continued its battle against inflation by raising its benchmark interest rate to the highest level in…

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Dallas

Consumer Prices Rose Less Than Expected in November, Up 7.1% From a Year Ago

[ad_1] Prices rose less than expected in November, the latest sign that the runaway inflation that has been gripping the…

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Los Angeles

Why are shopping records being broken with a looming recession?

[ad_1] SAN FRANCISCO — Despite high inflation, mass tech layoffs, and a weak economic outlook, more Americans have opened their…

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Los Angeles

2022 rail strike averted: Biden to sign bill

[ad_1] WASHINGTON — President Joe Biden is signing a bill Friday to avert a freight rail strike that he said…

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Chicago

US hiring stayed strong in November as employers add 263,000 jobs despite inflation, economy

[ad_1] The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy – a sign of…

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New York

November Jobs Report Blows Past Expectations, Flying in the Face of Fed Rate Hikes

[ad_1] Nonfarm payrolls increased 263,000 for the month while the unemployment rate was 3.7%, the Labor Department reported Friday. The…

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Los Angeles

Senate moves to avert 2022 rail strike amid dire warnings for economy

[ad_1] WASHINGTON — The Senate moved quickly Thursday to avert a rail strike that the Biden administration and business leaders…

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Dallas

Biden Administration Presses Senators to Avert Rail Strike

[ad_1] The U.S. economy would face a severe economic shock if senators don’t pass legislation this week to avert a…

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Entertainment

Janet Yellen says she sees no signs of a recession despite two previous periods of negative growth

[ad_1] Treasury Secretary Janet Yellen says she does not believes a recession is looming, despite the country experiencing two first-quarter…

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