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WASHINGTON — The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said.

WASHINGTON — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates and high inflation.

The U.S. economy slowed sharply from January to March, decelerating to a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.

WASHINGTON — Wholesale prices fell in March, a sign that inflationary pressures in the economy are easing a year after the Federal Reserve began aggressively raising interest rates.

America’s employers added 236,000 jobs in March — 5,700 of them in trucking — suggesting that the economy remains on solid footing despite interest rate hikes designed to tame inflation.

WASHINGTON — The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s effort to cool price pressures through higher interest rates.

WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace. 

WASHINGTON — The Federal Reserve’s preferred inflation gauge rose in January at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy.

The government said Feb. 3 that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969.

Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September.