us economy
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Business
Yellen sees ‘resilience’ in US economy even as it cools
WASHINGTON: US economic growth and wage gains should “serve as a source of resilience” moving forward even if the economy…
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Business
US economy adds 209,000 new jobs as hiring slows
WASHINGTON: Hiring in the United States slowed in June, the Labor Department said Friday, providing a much-needed signal that the…
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Business
US economy’s wild ride in 2021: High prices, fast growth
WASHINGTON: Millions of Americans have returned to jobs lost during the pandemic, but price spikes this year have complicated the…
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Business
Fed’s Powell warns Omicron poses risks to US economy
WASHINGTON: The Omicron variant of COVID-19 could slow the recovery of the US economy and labor market and also heighten…
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Business
Fed set to begin stimulus taper amid inflation
WASHINGTON: The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last…
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Business
US trade gap yawns wider as imports outpace exports
WASHINGTON: The US trade deficit rose in August with imports overwhelming exports as the US economy bounces back from last…
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Business
OECD lowers global, US economic growth forecasts
PARIS: The OECD warned yesterday of an “uneven” global economic recovery as it lowered its 2021 growth forecasts for the…
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Business
US unemployment filings move upward
WASHINGTON: More US workers made new claims for unemployment benefits last week, according to government data released yesterday, though the…
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Business
US consumer prices slow in August as inflation pressures ease
WASHINGTON: US consumer prices slowed in August as some of the inflation pressures caused by the havoc of the COVID-19…
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Business
Fed chief signals US economy may be ready for less stimulus by year end
WASHINGTON: The US economy and labor market have healed to the point that the central bank could begin to withdraw…
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Business
As new variant delays return to offices, many in US don’t mind
WASHINGTON: When Romain Daubec and his wife Monica left San Francisco last summer for Denver, Colorado, they thought their telework…
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Business
Racial employment divide continues in recovering US economy
WASHINGTON: As vaccines help quell COVID-19 cases, millions of Americans have gone back to work-but fewer Black and Hispanic workers…
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