WASHINGTON (AP) — Sales of existing homes rose 0.7% in December, pushing the entirety of 2020 to a pace not seen in 14 years and providing one of the few bright spots for a U.S. economy mired in a glo...
WASHINGTON (AP) — U.S. home construction jumped 5.8% in December to 1.67 million units, ending a strong year for home building.
The better-than-expected gain followed an increase of ...
WASHINGTON (AP) — Treasury Secretary nominee Janet Yellen is calling on Congress to do more to fight a deep pandemic-induced recession, saying the threats of a longer and even worse downturn are too g...
WASHINGTON (AP) — President-elect Joe Biden’s national security Cabinet may be bare on Day One of his presidency, but an inauguration-eve spurt of Senate confirmation hearings suggests that won’t be t...
WASHINGTON (AP) — U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June.
The Labor Department reported Friday that the gain in its producer...
WASHINGTON (AP) — The U.S. government's deficit in the first three months of the budget year was a record-breaking $572.9 billion, 60.7% higher than the same period a year ago, as spending to deal wit...
WASHINGTON (AP) — A Federal Reserve survey of U.S. business conditions has found modest economic gains at the start of the year, although some parts of the country saw slowdowns stemming from a renewe...
WASHINGTON (AP) — U.S. consumer prices rose 0.4% in December, led by a sharp rise in gasoline prices.
The Labor Department said Wednesday that the December increase followed a 0.2% r...
WASHINGTON (AP) — The Senate Finance Committee is expected to hold a confirmation hearing for Treasury Secretary-nominee Janet Yellen on Jan. 19, two sources familiar with the planning said Tuesday.
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WASHINGTON (AP) — U.S. consumer borrowing rose 4.4% in November, its strongest showing in five months, led by strong gains in auto and student loans that offset a drop in credit card borrowing.
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WASHINGTON (AP) — Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were making a mistake in raising a key interest rate for the first tim...
WASHINGTON (AP) — The U.S. trade deficit jumped to $68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports.
The November gap between what America bu...
WASHINGTON (AP) — Federal Reserve officials last month supported providing advance notice before the central bank makes changes to its $120 billion in monthly bond purchases.
The min...
WASHINGTON (AP) — The global economy will experience a subdued recovery this year from the devastating pandemic, the World Bank predicted Tuesday, but it warned that the near-term outlook is highly un...
WASHINGTON (AP) — American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector.
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