What recession? Professional forecasters raise expectations for US economy in 2024

NEW YORK (AP) — This year looks to be a much better one for the U.S.…

Speculation about eventual rate cuts is rising, but Fed is set to leave interest rates unchanged

WASHINGTON (AP) — With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are…

Stock market today: Wall Street rises ahead of Friday’s jobs report to snap a 3-day losing streak

NEW YORK (AP) — Wall Street rose Thursday to snap its first three-day losing streak since…

Economists predict US inflation will keep cooling and the economy can avoid a recession

NEW YORK (AP) — Most business economists think the U.S. economy could avoid a recession next…

Retail sales slip in October as consumers pull back after summer splurges

NEW YORK (AP) — Americans cut back on retail spending in October, ending six straight months…

Slightly fewer number of Americans apply for jobless benefits as layoffs remain rare

U.S. applications for unemployment benefits inched up modestly this week after reaching their lowest level in…

US consumer confidence tumbles in September as American anxiety about the future grows

WASHINGTON (AP) — The confidence of American consumers slipped this month, particularly about the future, as…

Why the US job market has defied rising interest rates and expectations of high unemployment

WASHINGTON (AP) — Last year’s spike in inflation, to the highest level in four decades, was…

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a ‘soft landing’

WASHINGTON (AP) — Since Federal Reserve officials last met in July, the economy has moved in…

Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision

TOKYO (AP) — Asian shares mostly declined in cautious trading Tuesday ahead of the Federal Reserve’s…