US retail sales rose 0.5% in May, led by online shopping

WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department...

US employers hired a record number of people in April

WASHINGTON (AP) — U.S. employers hired the most people on record in April, while the number of open jobs was largely unchanged, evidence that the job market remains solid. The Labor ...

Trump's trade wars may be pressuring both economy and Fed

WASHINGTON (AP) — A sharp pullback in U.S. hiring for May intensified fears that the economy has weakened and that many employers have grown nervous, in part from President Donald Trump's escalating t...

Solid US jobs report could allay fears of weakening economy

WASHINGTON (AP) — With worries rising about trade wars and slower global growth, Friday's jobs figures for May could serve as a reminder that the U.S. economy is still mostly in good shape. ...

US construction spending was flat in April as housing fell

WASHINGTON (AP) — Spending on U.S. construction projects was unchanged in April as another decline in home construction was offset by a big gain in government spending on projects like highways and ho...

US home prices rise at slowest pace in 6½ years

WASHINGTON (AP) — U.S. home prices rose at the slowest pace in more than six years in March, a sign weaker sales are keeping a lid on price increases. The S&P CoreLogic Case-Shil...

US orders for long-lasting goods fall 2.1% in April

WASHINGTON (AP) — Orders to U.S. factories for large manufactured goods fell sharply last month, pulled down by lower demand for commercial aircraft and cars. The Commerce Department...

US retail sales slipped 0.2% in April

WASHINGTON (AP) — U.S. retail sales slipped last month, as Americans cut back their spending on clothes, appliances, and building materials. The Commerce Department said Wednesday th...

AP Explains: New China tariffs likely to hit US consumers

WASHINGTON (AP) — With the Trump administration more than doubling tariffs on billions of dollars of Chinese imports, will Americans soon see higher prices on store shelves? Yes, but...

US consumer prices rose 0.3% on higher gas, housing costs

WASHINGTON (AP) — U.S. consumer prices increased 0.3% in April, led by more expensive gasoline, rents and appliances. The Labor Department said Friday that the consumer price index c...

US job openings jump to nearly 7.5 million in March

WASHINGTON (AP) — U.S. employers advertised almost 7.5 million jobs at the end of March, a solid figure that signals hiring will likely remain strong in the months ahead. The Labor D...

A solid US job gain expected for April amid resilient growth

WASHINGTON (AP) — U.S. employers are expected to have delivered a solid month of job growth in April, buoyed by a resilient economy that has confounded concerns that 2019 would begin with a slowdown. ...

A Trump dilemma: Finding a dovish GOP ally to serve on Fed

WASHINGTON (AP) — The skeptical response to President Donald Trump's choice of Stephen Moore for the Federal Reserve has thrown a spotlight on the tough task Trump has set for himself: Finding a rare ...

A Trump dilemma: Finding a dovish GOP ally to serve on Fed

WASHINGTON (AP) — The skeptical response to President Donald Trump's choice of Stephen Moore for the Federal Reserve has thrown a spotlight on the tough task Trump has set for himself: Finding a rare ...

US workers' compensation rose moderately in 1st quarter

WASHINGTON (AP) — Wages and benefits for U.S. workers rose 0.7% in the first three months of the year, a modest gain that matched the previous quarter's increase. The data, released ...