Byline: By CHRISTOPHER RUGABER

WASHINGTON — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household...

Powell tapped to chair Fed again

11/22/21

WASHINGTON — President Joe Biden announced Monday he’s nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing...

WASHINGTON — Americans quit their jobs at a record pace for the second straight month in September, in many cases for more money elsewhere as...

Prices surge as holiday season looms

11/10/21

WASHINGTON — A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a...

Half-million jobs added as economy picks up

11/5/21

WASHINGTON — America’s employers accelerated their hiring last month, adding a solid 531,000 jobs, the most since July and a sign that the recovery...

Fed to slow economic aid on inflation fears

11/3/21

WASHINGTON — The Federal Reserve will begin dialing back the extraordinary economic aid it’s provided since the pandemic erupted last year, a...

WASHINGTON — Wages jumped in the three months ending in September by the most on records dating back 20 years, a stark illustration of the growing...

Workers quit jobs at record pace

10/12/21

WASHINGTON — One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in...

WASHINGTON — In a rare moment of ethical controversy for the Federal Reserve, two top officials resigned Monday in the wake of revelations about...

WASHINGTON — The signs and banners are dotted along suburban commercial strips and hanging in shop windows and restaurants, evidence of a new...

Job openings soar to record levels

5/11/21

WASHINGTON — U.S. employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses trying to find...

US wages and benefits jump as economy reopens

4/30/21

WASHINGTON — Wages and benefits grew quickly for U.S. workers in the first three months of the year, a sign that businesses are starting to offer...

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