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The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Feb. 18, putting in place a staunch supporter of President Donald Trump’s hardline trade polices.

U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates.

WASHINGTON — U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025.

Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of  gasoline, pickup trucks, avocados and more.

WASHINGTON — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.

WASHINGTON — The 2022 CHIPS and Science Act will “sharply increase production’’ of semiconductors in the United States. But it will do so at a high cost, concludes a report.

WASHINGTON — U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates.

U.S. longshoremen reached a contract agreement with ports and shippers Jan. 8, averting a potential strike that could have damaged the American economy.

WASHINGTON — Wholesale costs picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak of two years ago.

WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month.