The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century.
Any American who has bought a carton of milk, a gallon of gas or a used car could tell you, inflation has settled in. Here's what to know and when to expect an easing.
WASHINGTON (AP) — If you find the current economy a bit confusing, don’t worry: So does the nation’s top economic official, Federal Reserve Chair Jerome Powell.
Since 1960, the personal saving rate has averaged 9%, but within those 60 years, it’s gone as low as 2.2% in July 2005 and as high as 33.7% in April 2020.
Gas prices are rising. Auto prices are soaring. Toilet paper, peanut butter and soft drinks all cost more. Here's a Q&A on inflation plus charts tracking rising prices.
The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying, gridlock paralyzed Washington and millions of families were about to lose crucial benefits.
The back-to-school push kept the Buffalo Niagara job market going during September.
Economists are still calling for another US stimulus package to boost the economy as Americans head into an uncertain fall. But it's not clear that lawmakers can come to terms after talks stalled last month, especially as the November election nears.
WASHINGTON — U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip o…
SILVER SPRING, Md. — Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causin…
As unemployment claims slow statewide in New Jersey, the wreckage of business closings due to the COVID-19 pandemic remains increasingly clear in deep South Jersey.
More than 30 million sought aid in the previous six weeks after the coronavirus forced employers across the country to close.
WASHINGTON (AP) — More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
It’s too early to tell what effect the coronavirus will have on housing and real estate, but here are some pros and cons of buying a house during a recession.
The American jobs machine came to a sudden halt in March as a result of the coronavirus, ending a 113-month hiring streak.
US unemployment claims hit 6.6 million -- another record high -- as layoffs accelerate in face of coronavirus.
An annual congressional report says the U.S. budget deficit is likely to burst through the symbolic $1 trillion barrier this year despite a healthy economy.
One of the lingering black marks on this strong jobs picture is why wages aren't growing like they in the late 1990s when yearly wage growth routinely topped 4%.