Latest News Updates From Paul Wiseman

Government, Business

Economic Growth Slowed Sharply Last Quarter to 1.6% Pace

WASHINGTON — The nation’s economy slowed last quarter, growing at an annual rate of 1.6% in a sign that the high interest rates may be taking a toll on borrowing and spending.

April 25, 2024
Government, Business

Producer Prices Rose 2.1% From Last Year, Most Since April

WASHINGTON — U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. 

April 11, 2024
Government, Business

Employers Added a Robust 303,000 Jobs in March

WASHINGTON — America’s employers in March added a sizzling 303,000 workers to their payrolls, bolstering hopes that the economy can vanquish inflation without succumbing to a recession.

April 5, 2024
Government, Business

Inflation Gauge Shows Price Pressures Easing Gradually

WASHINGTON — A 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, 2024
Government, Business

Unemployment Applications Dip to 210,000

WASHINGTON — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy job security.

March 21, 2024
Government, Business

Employers Add Strong 275,000 Jobs in February

WASHINGTON — America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the economy’s resilience. 

March 8, 2024
Government, Business

US Economy Grew Solid 3.2% in Fourth Quarter

WASHINGTON — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Feb. 28.

February 28, 2024
Government, Business

Strong Job Growth Continues With 353,000 Added in January

WASHINGTON — U.S. employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy shrugging off a period of high interest rates.

February 2, 2024
Government, Business

US Economy Grew at Strong 3.3% Rate to End 2023

WASHINGTON — The nation’s economy grew at a brisk 3.3% annual pace in Q4 as Americans showed a continued willingness to spend despite high interest rates and price levels.

January 25, 2024
Government, Business

Energy, Housing, Food Drive Slight Uptick in US Inflation

WASHINGTON — Higher 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 may remain a bumpy one.

January 11, 2024