Buoyant stock market lifted US household wealth last quarter

WASHINGTON (AP) — Solid stock market returns lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, a culmination of a decade of economic recovery but a gain that is conce...

US-China trade war could soon pose a serious economic threat

WASHINGTON (AP) — Seeking better-skilled workers, Cedar Electronics decided last year to return some of its manufacturing to the United States from the Philippines, only to run smack into a worsening ...

San Francisco Federal Reserve names Mary Daly as president

WASHINGTON (AP) — The Federal Reserve Bank of San Francisco has appointed Mary Daly, a longtime Fed economist and a labor market specialist, as the next president of the regional Fed bank. ...

US retail sales up just 0.1 pct., weakest gain in 6 months

WASHINGTON (AP) — U.S. retail sales barely rose in August as shoppers spent less on cars, furniture and clothes. The Commerce Department says the value of purchases ticked up just 0....

US median incomes grew in 2017 for a 3rd straight year

WASHINGTON (AP) — The income of a median U.S. household rose for a third straight year in 2017, boosted by a rise in the number of Americans with full-time jobs. The Census Bureau sa...

As job openings reach unprecedented levels, so does quitting

WASHINGTON (AP) — U.S. employers advertised the most jobs on record in July, and the proportion of workers quitting their jobs also hit a new all-time high. Americans are increasingl...

Jobs to left, tariffs on right: Can US economy defy threats?

WASHINGTON (AP) — The U.S. economy is showing consistent strength even after nearly a decade of growth, with Friday's jobs report for August signaling that employers remain optimistic enough to hire f...

US adds a strong 201K jobs; unemployment stays at 3.9 pct.

WASHINGTON (AP) — Hiring picked up in August as U.S. employers added a strong 201,000 jobs, a sign of confidence that consumers and businesses will keep spending despite the Trump administration's con...

Solid US job growth is likely to be reported for August

WASHINGTON (AP) — U.S. employers likely hired at a healthy pace in August, emboldened by brisk consumer spending and an economy that keeps growing steadily. Economists have forecast ...

Solid US job growth is likely to be reported for August

WASHINGTON (AP) — U.S. employers likely hired at a healthy pace in August, emboldened by brisk consumer spending and an economy that keeps growing steadily. Economists have forecast ...

Intent on getting a big raise? You may have to quit your job

WASHINGTON (AP) — Despite one of the best job markets in decades, workers across the U.S. economy are struggling with a common frustration: What does it take to finally get a decent raise? ...

Survey: US companies added a solid 163,000 jobs in August

WASHINGTON (AP) — U.S. businesses added 163,000 jobs in August, a private survey found, a decent gain that suggests that employers are confident enough to keep hiring. Payroll proces...

Survey: US companies added a solid 163,000 jobs in August

WASHINGTON (AP) — U.S. businesses added 163,000 jobs in August, a private survey found, a decent gain that suggests that employers are confident enough to keep hiring. Payroll proces...

US retail sales rose at robust 0.5 pct. annual rate in July

WASHINGTON (AP) — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth. T...

Tesla CEO Musk taunts short sellers amid legal scrutiny

WASHINGTON (AP) — Tesla founder and CEO Elon Musk used Twitter late Friday to taunt investors who have bet against his company, even though his previous Twitter comments have spurred a government inve...