Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation
May 20, 2024Your subscription includes
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The Los Angeles Post
President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation
May 20, 2024The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates
April 24, 2024The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza, but “there is plenty to worry about,″ including stubborn inflation and rising levels of government debt
April 18, 2024The International Monetary Fund has upgraded its outlook for the global economy, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth
April 16, 2024U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutting interest rates
April 11, 2024The American economy is thought to have added 200,000 jobs in March — a more-than-respectable increase though one that would mark a slowdown from February’s vigorous gain of 275,000 and last year’s monthly average increase of 251,000
April 04, 2024U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong
April 02, 2024Many Americans are in a sour mood about the economy for one main reason: Prices feel too high
March 30, 2024Federal Reserve Chair Jerome Powell reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to do so until it sees “more good inflation readings’’ and is more confident that annual price increases are falling toward its 2% target
March 29, 2024A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease
March 29, 2024The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate
March 28, 2024The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security
March 21, 2024The nation’s economy likely produced another month of healthy hiring in February, once again brushing aside the effects of high interest rates with unexpected ease
March 08, 2024U.S. job openings barely changed in January but remained at a high level, suggesting that the American job market remains healthy
March 06, 2024The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate
February 28, 2024Across the United States, chronic worker shortages have led many companies to invest in machines to do some of the work they can’t find people to do
February 21, 2024Just a quarter of business economists and analysts expect the United States to fall into recession this year
February 12, 2024For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported to the United States
February 07, 2024The U.S. government is expected to report that employers added a solid 177,000 jobs in January
February 01, 2024America’s employers posted 9 million job openings in December, an increase from November and another sign that the job market remains resilient despite the headwind of higher interest rates
January 30, 2024The International Monetary Fund has upgraded its outlook for the world economy this year, envisioning resilient growth led by the United States and a slower pace of inflation
January 30, 2024The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households
January 25, 2024U.S. wholesale inflation fell for a third straight month in December, further evidence that price pressures in the economy are easing
January 12, 2024Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target will likely remain a bumpy one
January 10, 2024Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024
January 09, 2024