US layoffs still high, but so is skepticism on jobless data
WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US layoffs still high, but so is skepticism on jobless data
WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US layoffs still high, but so is skepticism on jobless data
WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US layoffs remain elevated as 840,000 seek jobless aid
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months into the pandemic recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US jobless claims likely remain high as layoffs persist
WASHINGTON (AP) — The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March even while federal aid for the jobless has lapsed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Bleak outlook without stimulus: More layoffs, anemic growth
WASHINGTON (AP) — President Donald Trump's move Tuesday to cut off talks on another government aid package will further weaken an economy straining to recover from an epic collapse, economists say, and deepen the hardships for jobless Americans and struggling businesses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Fed officials cited risks if Congress fails to pass more aid
WASHINGTON (AP) — Federal Reserve officials expressed concern at their most-recent meeting that the U.S. economy recovery could falter if Congress failed to approve another round of pandemic relief.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US consumer borrowing fell by $7.2 billion in August
WASHINGTON (AP) — U.S. consumers cut back on their borrowing in August, with credit card use dropping for a sixth straight month, reflecting caution in the midst of the pandemic-triggered recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Bleak outlook without stimulus: More layoffs, anemic growth
WASHINGTON (AP) — President Donald Trump's move Tuesday to cut off talks on another government aid package will further weaken an economy straining to recover from an epic collapse, economists say, and deepen the hardships for jobless Americans and struggling businesses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Fed officials cited risks if Congress fails to pass more aid
WASHINGTON (AP) — Federal Reserve officials expressed concern at their most-recent meeting that the U.S. economy recovery could falter if Congress failed to approve another round of pandemic relief.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US consumer borrowing fell by $7.2 billion in August
WASHINGTON (AP) — U.S. consumers cut back on their borrowing in August, with credit card use dropping for a sixth straight month, reflecting caution in the midst of the pandemic-triggered recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Fed officials last month saw sizable risks facing economy
WASHINGTON (AP) — Federal Reserve officials last month believed that while the U.S. economy was recovering faster than expected, it faced ongoing threats, including a failure by Congress to provide further rescue aid.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Fed's Powell: Lack of further stimulus imperils recovery
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Tuesday that a tentative recovery from the pandemic recession could falter unless the federal government supplies additional economic support.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US trade deficit up to $67.1 billion in August, 14-year high
WASHINGTON (AP) — The U.S. trade deficit rose in August to the highest level in 14 years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
IMF head says global economy facing long climb to recovery
WASHINGTON (AP) — The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US job postings edge lower, to 6.49 million
WASHINGTON (AP) — U.S. employers advertised slightly fewer jobs in August as hiring ticked up modestly.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US job postings edge lower, to 6.49 million
WASHINGTON (AP) — U.S. employers advertised slightly fewer jobs in August as hiring ticked up modestly.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Fed's Powell: Lack of further stimulus imperils recovery
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Tuesday that a tentative recovery from the pandemic recession could falter unless the federal government supplies additional economic support.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US job postings edge down to 6.49 million
WASHINGTON (AP) — U.S. employers advertised for slightly fewer jobs in August as hiring ticked up modestly.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US trade deficit up to $67.1 billion in August, 14-year high
WASHINGTON (AP) — The U.S. trade deficit rose in August to the highest level in 14 years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
IMF head says global economy facing long climb to recovery
WASHINGTON (AP) — The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Service sector grows for the 4th consecutive month
WASHINGTON (AP) — The U.S. services sector, where most Americans work, grew for a fourth straight month in September as the country continued to reopen following a spring shutdown.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Survey: Business economists see coronavirus as biggest risk
WASHINGTON (AP) — The U.S. economy faces risks from a potential resurgence of the coronavirus and from the failure so far of Congress to provide additional financial support for struggling individuals and businesses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Service sector grows for the 4th consecutive month
WASHINGTON (AP) — The U.S. services sector, where most Americans work, grew for a fourth straight month in September as the country continued to reopen following a spring shutdown.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Pre-election economy: Unemployment falls, but hiring slows
WASHINGTON (AP) — The final jobs report before Election Day a month from now showed hiring slowed in September even as the U.S. unemployment rate fell to 7.9% — a mixed result for President Donald Trump, who has staked his reelection in part on the economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Survey: Business economists see coronavirus as biggest risk
WASHINGTON (AP) — The U.S. economy faces risks from a potential resurgence of the coronavirus and from the failure so far of Congress to provide additional financial support for struggling individuals and businesses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Survey: Business economists see coronavirus as biggest risk
WASHINGTON (AP) — The U.S. economy faces risks from a potential resurgence of the coronavirus and from the failure so far of Congress to provide additional financial support for struggling individuals and businesses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Pre-election economy: Unemployment falls, but hiring slows
WASHINGTON (AP) — The final jobs report before Election Day a month from now showed hiring slowed in September even as the U.S. unemployment rate fell to 7.9% — a mixed result for President Donald Trump, who has staked his reelection in part on the economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Pre-election economy: Unemployment falls, but hiring slows
WASHINGTON (AP) — The final jobs report before Election Day a month from now showed hiring slowed in September even as the U.S. unemployment rate fell to 7.9% — a mixed result for President Donald Trump, who has staked his reelection in part on the economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Pre-election economy: Unemployment falls, but hiring slows
WASHINGTON (AP) — The final jobs report before Election Day a month from now showed hiring slowed in September even as the U.S. unemployment rate fell to 7.9% — a mixed result for President Donald Trump, who has staked his reelection in part on the economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US unemployment drops to 7.9% but hiring slows pre-election
WASHINGTON (AP) — The U.S. unemployment rate dropped to 7.9% in September, but hiring is slowing and many Americans have given up looking for work, the government said Friday in the final jobs report before the voters decide whether to give President Donald Trump another term.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US unemployment drops to 7.9% one month before Election Day
WASHINGTON (AP) — The U.S. unemployment rate dropped to 7.9% in September, but hiring is slowing and many Americans have given up looking for work, the government said Friday in the final jobs report before the voters decide whether to give President Donald Trump another term.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US hiring slows for 3rd month in sign of struggling economy
WASHINGTON (AP) — America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US hiring slows for 3rd month but jobless rate falls to 7.9%
WASHINGTON (AP) — America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
August construction spending up 1.4%, led by home building
WASHINGTON (AP) — U.S. construction spending increased 1.4% in August, led by a surge in single-family homes.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US hiring likely slowed in September for 3rd straight month
WASHINGTON (AP) — A critical snapshot of the job market and the economy to be released Friday is expected to show a further slowdown in hiring as the nation's viral caseload creeps higher and as government financial aid has faded.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US layoffs remain elevated as incomes and spending weaken
WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Consumer spending gains slow to 1% in August
WASHINGTON (AP) — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during the pandemic expired.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US hiring likely slowed in September for 3rd straight month
WASHINGTON (AP) — A critical snapshot of the job market and the economy to be released Friday is expected to show a further deceleration in hiring as the nation's viral caseload creeps higher and as government financial aid has faded.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US layoffs remain elevated as incomes and spending weaken
WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
August construction spending up 1.4%, led by home building
WASHINGTON (AP) — U.S. construction spending increased 1.4% in August, led by a surge in single-family homes.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Consumer spending gains slow to 1% in August
WASHINGTON (AP) — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during the pandemic expired.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US layoffs remain elevated as 837,000 seek jobless aid
WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Consumer spending gains slows to 1% in August
WASHINGTON (AP) — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during the pandemic expired.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US jobless claims likely remained high as layoffs persist
WASHINGTON (AP) — The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high as some sectors of the economy have rebounded since the viral pandemic erupted in March while others remain depressed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
31.4% spring slide for a US economy likely to shrink in 2020
WASHINGTON (AP) — The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy will likely shrink this year, the first time that has happened since the Great Recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
31.4% spring slide for a US economy likely to shrink in 2020
WASHINGTON (AP) — The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy will likely shrink this year, the first time that has happened since the Great Recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Economy plunges 31.4% in spring but big rebound expected
WASHINGTON (AP) — The U.S. economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter that is just ending.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Consumer confidence posts solid gain to 101.8 in September
WASHINGTON (AP) — U.S. consumer confidence rebounded more quickly in September than most economists had expected though they remain far from levels that were the norm before the pandemic struck.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Consumer confidence posts solid gain to 101.8 in September
WASHINGTON (AP) — U.S. consumer confidence rebounded more quickly in September than most economists had expected though they remain far from levels that were the norm before the pandemic struck.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
S&P CoreLogic Case-Shiller: US home prices rise 3.9% in July
WASHINGTON (AP) — U.S. home prices rose at a faster pace in July as the housing market continued to show strength in the midst of the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Healthy US economy failed to narrow racial gaps in 2019
WASHINGTON (AP) — The solid growth that the United States enjoyed before the viral pandemic paralyzed the economy this spring failed to reduce racial disparities in Americans' income and wealth from 2016 through 2019, the Federal Reserve said Monday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Healthy US economy failed to narrow racial gaps in 2019
WASHINGTON (AP) — The solid growth that the United States enjoyed before the viral pandemic paralyzed the economy this spring failed to reduce racial disparities in Americans' income and wealth from 2016 through 2019, the Federal Reserve said Monday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Orders for big-ticket manufactured goods ticks up just 0.4%
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods increased just 0.4% in August following a much larger gain in the previous month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Orders for big-ticket manufactured goods ticks up just 0.4%
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods increased just 0.4% in August following a much larger gain in the previous month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Orders for big-ticket manufactured goods ticks up just 0.4%
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods increased just 0.4% in August following a much larger gain in the previous month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Orders for big-ticket US manufactured goods increased just 0.4% in August following much larger gain in previous month
WASHINGTON (AP) — Orders for big-ticket US manufactured goods increased just 0.4% in August following much larger gain in previous month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Mnuchin and Powell back jobless aid and small business loans
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top priorities in any new economic relief package should be to provide affordable loans to small businesses and further support for millions of Americans who remain unemployed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Mnuchin and Powell back jobless aid and small business loans
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top priorities in any new economic relief package should be to provide affordable loans to small businesses and further support for millions of Americans who remain unemployed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Many more likely sought US jobless aid as layoffs persist
WASHINGTON (AP) — The U.S. government will provide its latest snapshot Thursday of the pace of layoffs, which have remained elevated but have been declining as some sectors of the economy have rebounded in the six months since the viral pandemic erupted.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Powell faces lawmakers' skepticism on some Fed aid programs
WASHINGTON (AP) — Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from assertions that its programs bungled aspects of its response.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Powell faces lawmakers' skepticism on some Fed aid programs
WASHINGTON (AP) — Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from assertions that its programs bungled aspects of its response.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Powell: Many small companies can borrow without Main Street
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that many mid-size U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program that was designed to serve struggling medium-size companies has waned.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Powell and Mnuchin voice optimism but back more economic aid
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession with federal support but that more help from the government is likely needed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Powell and Mnuchin voice optimism but back more economic aid
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession with federal support but that more help from the government is likely needed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Powell: Many small companies can borrow without Main Street
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that many mid-size U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program that was designed to serve struggling medium-size companies has waned.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Soaring wealth during pandemic highlights rising inequality
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Powell: Many small companies can borrow without Main Street
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that many mid-size U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program that was designed to serve struggling medium-size companies has waned.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Soaring wealth during pandemic highlights rising inequality
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US household wealth hits record even as economy struggles
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
August US home building slides 5.1% after months of gains
WASHINGTON (AP) — U.S. housing construction fell a surprising 5.1% in August after three months of strong gains when home builders ramped up projects following a pandemic-induced shutdown in March and April.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
COVID-19 danger continues to drive joblessness in US
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number of people that illustrates the broad economic damage still taking place nine months after the first case of COVID-19 was detected in the U.S.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
August US home building slides 5.1% after months of gains
WASHINGTON (AP) — U.S. housing construction fell a surprising 5.1% in August after three months of strong gains when home builders ramped up projects following a pandemic-induced shutdown in March and April.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US home construction falls 5.1% in August following string of gains after pandemic shutdown
WASHINGTON (AP) — US home construction falls 5.1% in August following string of gains after pandemic shutdown.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
COVID-19 danger continues to drive joblessness in US
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number of people that illustrates the broad economic damage still taking place nine months after the first case of COVID-19 was detected in the U.S.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US companies seeking tariff relief faced red tape, delays
WASHINGTON (AP) — Companies seeking relief from President Donald Trump’s taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a federal watchdog found.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Fed sees rates near zero through 2023, perhaps longer
WASHINGTON (AP) — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Fed sees rates near zero through 2023, perhaps longer
WASHINGTON (AP) — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Federal Reserve sees rates near zero at least through 2023
WASHINGTON (AP) — The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and drive down the unemployment rate.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Federal Reserve adjusts inflation target, rate unchanged
WASHINGTON (AP) — The Federal Reserve adjusted its inflation target to seek price increases above 2% annually, a move that will likely keep interest rates low for years to come.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US companies seeking tariff relief faced red tape, delays
WASHINGTON (AP) — Companies seeking relief from President Donald Trump’s taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a federal watchdog found.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US industrial production growth slows, up 0.4% in August
WASHINGTON (AP) — U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months when factories were coming back to life.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Wildfires during pandemic intensify economic pain in West
The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging a regional economy already singed by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Top GOP senator says Fed nominee Judy Shelton short on votes
WASHINGTON (AP) — A top Senate Republican on Tuesday said conservative economist Judy Shelton does not have the votes to be confirmed to one of two vacancies on the Federal Reserve board.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
Top GOP senator says Fed nominee Judy Shelton short on votes
WASHINGTON (AP) — A top Senate Republican on Tuesday said conservative economist Judy Shelton does not have the votes to be confirmed to one of two vacancies on the Federal Reserve board.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 2 MONTHS AGO
US industrial production up modest 0.4% in August
WASHINGTON (AP) — U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months when factories were coming back to life.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US industrial production growth slows, up 0.4% in August
WASHINGTON (AP) — U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months when factories were coming back to life.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Federal Reserve to meet after sharp changes to its outlook
WASHINGTON (AP) — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep short-term interest rates near zero for years to come.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Wildfires during pandemic intensify economic pain in West
The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging a regional economy already singed by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Federal Reserve to meet after sharp changes to its outlook
WASHINGTON (AP) — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep short-term interest rates near zero for years to come.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Wildfires during pandemic intensify economic pain in West
The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging a regional economy already singed by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Wildfires intensify economic pain in the West
The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging a regional economy already singed by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US budget deficit hits record $3 trillion through 11 months
WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Consumer prices up 0.4% in August as used car prices surge
WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as used car prices surged by the largest amount in 51 years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US budget deficit hits record $3 trillion through 11 months
WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Consumer prices up 0.4% in August as used car prices surge
WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as used car prices surged by the largest amount in 51 years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US budget deficit hits record $3 trillion through 11 months
WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US budget deficit hits record $3 trillion through 11 months
WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Consumer prices up 0.4% in August as used car prices surge
WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as used car prices surged by the largest amount in 51 years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US consumer prices rose 0.4% in August as energy moderated
WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as energy prices moderated after big gains in the previous two months.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US layoffs remain elevated as job market's gains weaken
WASHINGTON (AP) — The number of Americans applying for unemployment benefits was unchanged last week at 884,000, a sign that layoffs remain stuck at a historically high level six months after the viral pandemic flattened the economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US layoffs remain elevated as 884,000 seek jobless aid
WASHINGTON (AP) — The number of Americans applying for unemployment benefits was unchanged last week at 884,000, a sign that layoffs remain stuck at a historically high level six months after the viral pandemic flattened the economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US wholesale prices rise 0.3% in August as food costs drop
WASHINGTON (AP) — U.S. wholesale prices rose 0.3% in August, just half the July gain, as food and energy prices decline.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Many more likely sought US jobless aid as layoffs persist
WASHINGTON (AP) — The U.S. government will provide its latest snapshot Thursday of the pace of layoffs, which have remained elevated but have been declining as some sectors of the economy have rebounded in the months since the viral pandemic erupted.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
U.S. job posting rise to 6.6 million in July
WASHINGTON (AP) — U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake of the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
U.S. job posting rise to 6.6 million in July
WASHINGTON (AP) — U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake of the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Consumer borrowing follows June gain with 3.6% rise in July
WASHINGTON (AP) — U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent borrowing down sharply in the previous three months.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Consumer borrowing follows June gain with 3.6% rise in July
WASHINGTON (AP) — U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent borrowing down sharply in the previous three months.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Consumer borrowing advances solid 3.6% in July, second gain
WASHINGTON (AP) — U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent borrowing down sharply in the previous three months.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
AP Explains: US debt will soon exceed size of entire economy
WASHINGTON (AP) — The U.S. government's war against the coronavirus is imposing the heaviest strain on the Treasury since America's drive to defeat Nazi Germany and imperial Japan three-quarters of a century ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
AP Explains: US debt will soon exceed size of entire economy
WASHINGTON (AP) — The U.S. government's war against the coronavirus is imposing the heaviest strain on the Treasury since America's drive to defeat Nazi Germany and imperial Japan three-quarters of a century ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US unemployment rate falls to 8.4% even as hiring slows
WASHINGTON (AP) — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before Election Day.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
AP Explains: US debt will soon exceed size of entire economy
WASHINGTON (AP) — The U.S. government's war against the coronavirus is imposing the heaviest strain on the Treasury since America's drive to defeat Nazi Germany and imperial Japan three-quarters of a century ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US unemployment rate falls to 8.4% even as hiring slows
WASHINGTON (AP) — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before Election Day.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
AP Explains: US debt will soon exceed size of entire economy
WASHINGTON (AP) — The U.S. government's war against the coronavirus is imposing the heaviest strain on the Treasury since America's drive to defeat Nazi Germany and imperial Japan three-quarters of a century ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US unemployment rate falls to 8.4% even as hiring slows
WASHINGTON (AP) — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before Election Day.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US trade deficit surges in July to highest in 12 years
WASHINGTON (AP) — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US unemployment rate falls to 8.4% even as hiring slows
WASHINGTON (AP) — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before Election Day.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
August jobs report likely to point to a still-slow recovery
WASHINGTON (AP) — The United States keeps regaining more of the jobs that vanished when the viral pandemic flattened the economy early this spring. Yet so deep were the layoffs that began in March that millions of Americans remain burdened by job losses that might prove permanent.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Jobless claims fall to 881,000 but layoffs remain elevated
WASHINGTON (AP) — The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week, a sign of possible improvement but evidence that the viral pandemic keeps forcing many businesses to slash jobs.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Services sector growth slows in August but still positive
WASHINGTON (AP) — Growth in the U.S. services sector, where most Americans work, slowed in August after big rebounds in June and July, indicating lingering problems stemming from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US trade deficit surges in July to highest in 12 years
WASHINGTON (AP) — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
August jobs report likely to point to a still-slow recovery
WASHINGTON (AP) — The United States keeps regaining more of the jobs that vanished when the viral pandemic flattened the economy early this spring. Yet so deep were the layoffs that began in March that millions of Americans remain burdened by job losses that might prove permanent.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Services sector growth slows in August but still positive
WASHINGTON (AP) — Growth in the U.S. services sector, where most Americans work, slowed in August after big rebounds in June and July, indicating lingering problems stemming from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Jobless claims fall to 881,000 but layoffs remain elevated
WASHINGTON (AP) — The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week, a sign of possible improvement but evidence that the viral pandemic keeps forcing many businesses to slash jobs.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US trade deficit surges in July to highest in 12 years
WASHINGTON (AP) — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Fed survey finds widespread pessimism about economic future
WASHINGTON (AP) — The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Survey: US companies added just 428,000 jobs last month
WASHINGTON (AP) — U.S. companies added jobs at a modest pace last month, a private survey found, a sign that while hiring continues, it is only soaking up a relatively small proportion of the unemployed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Fed survey finds widespread pessimism about economic future
WASHINGTON (AP) — The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Survey: US companies added just 428,000 jobs last month
WASHINGTON (AP) — U.S. companies added jobs at a modest pace last month, a private survey found, a sign that while hiring continues, it is only soaking up a relatively small proportion of the unemployed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Survey: US factories grow in August for third straight month
WASHINGTON (AP) — American factories expanded last month at the fastest pace since late 2018, continuing a rebound from the coronavirus recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US construction spending edges up tiny 0.1% in July
WASHINGTON (AP) — U.S. construction spending edged up a tiny 0.1% in July, breaking a string of losses due to disruptions caused by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Survey: US factories grow in August for third straight month
WASHINGTON (AP) — American factories expanded last month at the fastest pace since late 2018, continuing a rebound from the coronavirus recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US construction spending edges up tiny 0.1% in July
WASHINGTON (AP) — U.S. construction spending edged up a tiny 0.1% in July, breaking a string of losses due to disruptions caused by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Administration: 70% of relief payments to the dead recovered
WASHINGTON (AP) — The Trump administration says that it has recovered nearly 70% of the government relief payments that went to dead people.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Zuckerberg says Facebook erred in not removing militia post
WASHINGTON (AP) — Facebook made a mistake in not removing a militia group's page earlier this week that called for armed civilians to enter Kenosha, Wisconsin, amid violent protests after police shot Jacob Blake, CEO Mark Zuckerberg says.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Zuckerberg says Facebook erred in not removing militia post
WASHINGTON (AP) — Facebook made a mistake in not removing a militia group's page earlier this week that called for armed civilians to enter Kenosha, Wisconsin, amid violent protests after police shot Jacob Blake, CEO Mark Zuckerberg says.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US consumer spending rose a moderate 1.9% in July
WASHINGTON (AP) — U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip of a pandemic that has held back a recovery and kept roughly 27 million people jobless.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Zuckerberg says Facebook erred in not removing militia post
WASHINGTON (AP) — Facebook made a mistake in not removing a militia group's page earlier this week that called for armed civilians to enter Kenosha, Wisconsin, amid violent protests after police shot Jacob Blake, CEO Mark Zuckerberg says.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US consumer spending rose a moderate 1.9% in July
WASHINGTON (AP) — U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip of a pandemic that has held back a recovery and kept roughly 27 million people jobless.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US consumer spending rose a moderate 1.9% in July
WASHINGTON (AP) — U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip of a pandemic that has held back a recovery and kept roughly 27 million people jobless.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
As virus rages, US economy struggles to sustain a recovery
WASHINGTON (AP) — Home sales are booming. Stocks are setting record highs. Industrial production is clambering out of the ditch it fell into early this year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
More than 1 million Americans file for unemployment, again
WASHINGTON (AP) — Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Fed: Rates to stay ultra-low even after inflation picks up
WASHINGTON (AP) — The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded its 2% target level.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
U.S. economy plunged an annualized 31.7% in second quarter
BALTIMORE (AP) —
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
As virus rages, US economy struggles to sustain a recovery
WASHINGTON (AP) — Home sales are booming. Stocks are setting record highs. Industrial production is clambering out of the ditch it fell into early this year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
More than 1 million Americans file for unemployment, again
WASHINGTON (AP) — Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Fed: Rates to stay ultra-low even after inflation picks up
WASHINGTON (AP) — The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded its 2% target level.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
More than 1 million Americans applied for jobless benefits
WASHINGTON (AP) — Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
U.S. economy plunged an annualized 31.7% in second quarter
BALTIMORE (AP) —
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Orders for big-ticket US manufactured goods jumped 11.2%
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods jumped 11.2% in July, the third consecutive monthly gain.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Orders for big-ticket US manufactured goods jumped 11.2%
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods jumped 11.2% in July, the third consecutive monthly gain.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US consumer confidence falls in August to lowest in 6 years
WASHINGTON (AP) — U.S. consumer confidence fell for the second consecutive month, sinking to the lowest levels in more than six years as a resurgence of COVID-19 infections in many parts of the country heightened pessimism.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
S&P CoreLogic Case-Shiller: US home prices rise 3.5% in June
WASHINGTON (AP) — U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face of the coronvavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US consumer confidence falls in August to lowest in 6 years
WASHINGTON (AP) — U.S. consumer confidence fell for the second consecutive month, sinking to the lowest levels in more than six years as a resurgence of COVID-19 infections in many parts of the country heightened pessimism.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US consumer confidence falls for second straight month in August, to reading of 84.8
WASHINGTON (AP) — US consumer confidence falls for second straight month in August, to reading of 84.8.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
S&P CoreLogic Case-Shiller: US home prices rise 3.5% in June
WASHINGTON (AP) — U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face of the coronvavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
EU agrees to cut taxes on US lobsters in modest trade pact
WASHINGTON (AP) — Maine lobsters should soon be returning to European pots under a modest trade agreement announced Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
EU agrees to cut taxes on US lobsters in modest trade pact
WASHINGTON (AP) — Maine lobsters should soon be returning to European pots under a modest trade agreement announced Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
EU agrees to cut taxes on US lobsters in modest trade pact
WASHINGTON (AP) — Maine lobsters should soon be returning to European pots under a modest trade agreement announced Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
EU agrees to cut taxes on US lobsters in modest trade pact
WASHINGTON (AP) — Maine lobsters should soon be returning to European pots under a modest trade agreement announced Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Rise in jobless claims reflects still-struggling US economy
WASHINGTON (AP) — The coronavirus recession struck swiftly and violently. Now, with the U.S. economy still in the grip of the outbreak five months later, the recovery looks fitful and uneven — and painfully slow.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Rise in jobless claims reflects still-struggling US economy
WASHINGTON (AP) — The coronavirus recession struck swiftly and violently. Now, with the U.S. economy still in the grip of the outbreak five months later, the recovery looks fitful and uneven — and painfully slow.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US jobless claims jump back above 1 million in face of virus
WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment benefits rose to 1.1 million last week after two weeks of declines, evidence that many employers are still slashing jobs as the coronavirus bedevils the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Many likely sought jobless aid after federal benefit lapses
WASHINGTON (AP) — The government will provide its latest snapshot Thursday of the pace of layoffs in the United States, which have declined steadily but remain stuck at a high level with the economy still in the grip of the viral pandemic that erupted in March.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Fed officials worried about withdrawal of government support
WASHINGTON (AP) — U.S. consumers lifted their spending in May and June but businesses remained cautious because of the tremendous uncertainty surrounding the economic outlook, Federal Reserve officials said at a policy meeting last month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
Fed officials worried about withdrawal of government support
WASHINGTON (AP) — U.S. consumers lifted their spending in May and June but businesses remained cautious because of the tremendous uncertainty surrounding the economic outlook, Federal Reserve officials said at a policy meeting last month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US home construction surges 22.6%, third monthly increase
WASHINGTON (AP) — Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US home construction surges 22.6%, third monthly increase
WASHINGTON (AP) — Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
AP FACT CHECK: Trump hails under-performing China trade deal
WASHINGTON (AP) — President Donald Trump is giving his trade deal with China false credit for generating the purchases of U.S. goods that Beijing agreed to make. Chinese imports of U.S. products are actually running at less than half of what Trump negotiated, and it’s even worse for American farmers …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
After brief trade truce, US slaps levy on Canadian aluminum
WASHINGTON (AP) — After more than two years of browbeating and trade sanctions on Canada and Mexico, President Donald Trump strong-armed the United States’ neighbors into agreeing to supplant a 25-year-old North American trade agreement with one of his own.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
US industrial production up 3%; factory output up 3.4%
WASHINGTON (AP) — American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 3 MONTHS AGO
After brief trade truce, US slaps levy on Canadian aluminum
WASHINGTON (AP) — After more than two years of browbeating and trade sanctions on Canada and Mexico, President Donald Trump strong-armed the United States’ neighbors into agreeing to supplant a 25-year-old North American trade agreement with one of his own.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US industrial production up 3%; factory output up 3.4%
WASHINGTON (AP) — American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
After brief trade truce, US slaps levy on Canadian aluminum
WASHINGTON (AP) — After more than two years of browbeating and trade sanctions on Canada and Mexico, President Donald Trump strong-armed the United States’ neighbors into agreeing to supplant a 25-year-old North American trade agreement with one of his own.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US industrial production up 3%; factory output up 3.4%
WASHINGTON (AP) — American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
After brief trade truce, US slaps levy on Canadian aluminum
WASHINGTON (AP) — After more than two years of browbeating and trade sanctions on Canada and Mexico, President Donald Trump strong-armed the United States’ neighbors into agreeing to supplant a 25-year-old North American trade agreement with one of his own.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US industrial production up 3%; factory output up 3.4%
WASHINGTON (AP) — American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US jobless claims fall below 1 million but remain high
WASHINGTON (AP) — The number of Americans applying for unemployment dropped below 1 million last week for the first time since the coronavirus outbreak took hold in the U.S. five months ago, but layoffs are still running extraordinarily high.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
AP FACT CHECK: Trump payroll tax cut is Social Security risk
BALTIMORE (AP) — President Donald Trump’s proposed payroll tax cut is a threat to Social Security no matter how he casts it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
AP FACT CHECK: Trump payroll tax cut is Social Security risk
BALTIMORE (AP) — President Donald Trump’s proposed payroll tax cut is a threat to Social Security no matter how he casts it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US jobless claims fall below 1 million but remain high
WASHINGTON (AP) — The number of Americans applying for unemployment dropped below 1 million last week for the first time since the coronavirus outbreak took hold in the U.S. five months ago, but layoffs are still running extraordinarily high.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Many more likely sought jobless aid after $600 check ends
WASHINGTON (AP) — The U.S. government will provide its latest report Thursday on the pace of layoffs, which have remained stuck at a high level since the viral pandemic erupted five months ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer prices rose 0.6% in July, matching June uptick
WASHINGTON (AP) — U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Boston Fed chief: States' rush to reopen slowed US recovery
WASHINGTON (AP) — A top official at the Federal Reserve
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Boston Fed chief: States' rush to reopen slowed US recovery
WASHINGTON (AP) — A top official at the Federal Reserve
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer prices rose 0.6% in July, matching June uptick
WASHINGTON (AP) — U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US producer prices up 0.6% in July, biggest jump since 2018
WASHINGTON (AP) — U.S. wholesale prices shot up an unexpected 0.6% in July, biggest gain since October 2018, with energy prices moving sharply higher.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US producer prices up 0.6% in July, biggest jump since 2018
WASHINGTON (AP) — U.S. wholesale prices shot up an unexpected 0.6% in July, biggest gain since October 2018, with energy prices moving sharply higher.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US employers post more jobs in June, pull back on hiring
WASHINGTON (AP) — U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US employers post more jobs in June, pull back on hiring
WASHINGTON (AP) — U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer borrowing up in June after 3 months of declines
WASHINGTON (AP) — The pandemic still has Americans easing off the plastic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed official defends slow start to Main Street loan program
WASHINGTON (AP) — A top Federal Reserve official on Friday defended the central bank’s efforts to launch a Main Street lending program and said the small number of loans approved so far would likely expand by a significant amount in coming months, especially if the pandemic worsens.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US hiring slows amid signs of longer-lasting economic damage
WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many observers originally envisioned.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer borrowing up in June after 3 months of declines
WASHINGTON (AP) — The pandemic still has Americans easing off the plastic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed official defends slow start to Main Street loan program
WASHINGTON (AP) — A top Federal Reserve official on Friday defended the central bank’s efforts to launch a Main Street lending program and said the small number of loans approved so far would likely expand by a significant amount in coming months, especially if the pandemic worsens.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US hiring slows amid signs of longer-lasting economic damage
WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many observers originally envisioned.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer borrowing up in June after 3 months of declines
WASHINGTON (AP) — The pandemic still has Americans easing off the plastic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed official defends slow start to Main Street loan program
WASHINGTON (AP) — A top Federal Reserve official on Friday defended the central bank’s efforts to launch a Main Street lending program and said the small number of loans approved so far would likely expand by a significant amount in coming months, especially if the pandemic worsens.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US hiring slows amid signs of longer-lasting economic damage
WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many observers originally envisioned.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Trump targets Canada, reimposing tariffs on aluminum
WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada and Mexico took effect.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US hiring slows amid signs of longer-lasting economic damage
WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many observers originally envisioned.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US hiring slows in July as signs of lasting damage emerge
WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many observers originally envisioned.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer borrowing up in June after 3 months of declines
WASHINGTON (AP) — The pandemic still has Americans easing off the plastic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed official defends slow start to Main Street loan program
WASHINGTON (AP) — A top Federal Reserve official on Friday defended the central bank’s efforts to launch a Main Street lending program and said the small number of loans approved so far would likely expand by a significant amount in coming months, especially if the pandemic worsens.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US adds 1.8 million jobs in a sign that hiring has weakened
WASHINGTON (AP) — The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus has weakened hiring and the economic rebound.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
July US jobs report is expected to point to hiring slowdown
WASHINGTON (AP) — Just how severely has the resurgence of the coronavirus pummeled the U.S. economy? The jobs report for July being released Friday will provide the clearest answer yet.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Trump targets Canada, reimposing tariffs on aluminum
WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada and Mexico took effect.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
1.2 million seek jobless aid after $600 federal check ends
WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
July US jobs report is expected to point to hiring slowdown
WASHINGTON (AP) — Just how severely has the resurgence of the coronavirus pummeled the U.S. economy? The jobs report for July being released Friday will provide the clearest answer yet.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Trump targets Canada, reimposing tariffs on aluminum
WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada and Mexico took effect.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Trump targets Canada, re-imposing tariffs on aluminum
WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada and Mexico took effect.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
1.2 million seek jobless aid after $600 federal check ends
WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Many more likely sought jobless aid amid resurgence of virus
WASHINGTON (AP) — With the nation still gripped by an alarming resurgence of coronavirus cases, the U.S. government will provide its latest snapshot Thursday of the layoffs that have remained elevated at a weekly pace above 1 million since the pandemic erupted in March.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed should address racial gaps in jobs, income, Dems propose
A group of congressional Democrats introduced legislation Wednesday that would require the Federal Reserve to pursue the elimination of racial disparities in jobs, wealth and income as one of its policy goals.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US trade deficit drops in June on record rise in exports
WASHINGTON (AP) — The U.S. trade deficit fell in June for the first time since February as exports posted a record increase, rising twice as fast as imports.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Treasury ramps up auctions as borrowing, virus surges
WASHINGTON (AP) — The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs of the the U.S. government as cases of COVID-19 surge in parts of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Survey: US companies cut back sharply on hiring in July
WASHINGTON (AP) — U.S. businesses sharply reduced hiring last month, suggesting that resurgent COVID-19 infections slowed the economic recovery as many states closed parts of their economies again and consumers remained cautious about spending.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Services sector index increases to 17-month high in July
WASHINGTON (AP) — Activity in the services sector, where most Americans work, hit a 17-month high in July but economists fear that may be unsustainable because of the failure in the U.S. to contain COVID-19 infections.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed should address racial gaps in jobs, income, Dems propose
A group of congressional Democrats introduced legislation Wednesday that would require the Federal Reserve to pursue the elimination of racial disparities in jobs, wealth and income as one of its policy goals.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Services sector index increases to 17-month high in July
WASHINGTON (AP) — Activity in the services sector, where most Americans work, hit a 17-month high in July but economists fear that may be unsustainable because of the failure in the U.S. to contain COVID-19 infections.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Services sector index increases to 58.1 reading in July
WASHINGTON (AP) — Activity in the services sector, where most Americans work, increased in July but concerns remain about whether the recovery will persist with the recent rise in coronavirus cases.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Treasury ramps up auctions as borrowing, virus surges
WASHINGTON (AP) — The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs of the the U.S. government as cases of COVID-19 surge in parts of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Survey: US companies cut back sharply on hiring in July
WASHINGTON (AP) — U.S. businesses sharply reduced hiring last month, suggesting that resurgent COVID-19 infections slowed the economic recovery as many states closed parts of their economies again and consumers remained cautious about spending.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US trade deficit drops in June on record rise in exports
WASHINGTON (AP) — The U.S. trade deficit fell in June for the first time since February as exports posted a record increase, rising twice as fast as imports.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
New York Fed: Black-owned business hard hit by pandemic
WASHINGTON (AP) — Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic, according to a study released Tuesday by the Federal Reserve Bank of New York
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
New York Fed: Black-owned business hard hit by pandemic
WASHINGTON (AP) — Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic, according to a study released Tuesday by the Federal Reserve Bank of New York
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
New York Fed study finds uneven business impacts from virus
WASHINGTON (AP) — Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic, according to a study released Tuesday by the Federal Reserve Bank of New York
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US Treasury projects record Q3 borrowing of $947 billion
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US manufacturing improves in July, future clouded by virus
WASHINGTON (AP) — U.S. manufacturing improved again in July with a key gauge of activity rising further into expansion territory.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US Treasury projects record Q3 borrowing of $947 billion
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US manufacturing improves in July, future clouded by virus
WASHINGTON (AP) — U.S. manufacturing improved again in July with a key gauge of activity rising further into expansion territory.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US manufacturing improves in July, outlook clouded by virus
WASHINGTON (AP) — U.S. manufacturing improved again in July with a key gauge of activity rising further into expansion territory.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US manufacturing shows further improvement in July with an ISM reading of 54.2
WASHINGTON (AP) — US manufacturing shows further improvement in July with an ISM reading of 54.2.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fitch lowers its outlook on US credit rating to 'negative'
WASHINGTON (AP) — Fitch has lowered the outlook for its U.S. government credit rating to “negative” from “stable” due to soaring budget deficits, but the agency is keeping its overall rating at the highest AAA level.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Wages and benefits grow at slowest pace in 3 years
WASHINGTON (AP) — Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer spending up 5.6%, but virus could stall gains
WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But the virus' resurgence in much of the country could impede further gains.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fitch lowers its outlook on US credit rating to 'negative'
WASHINGTON (AP) — Fitch has lowered the outlook for its U.S. government credit rating to “negative” from “stable” due to soaring budget deficits, but the agency is keeping its overall rating at the highest AAA level.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Wages and benefits grow at slowest pace in 3 years
WASHINGTON (AP) — Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer spending up 5.6%, but virus could stall gains
WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But the virus' resurgence in much of the country could impede further gains.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fitch lowers its outlook on US credit rating to 'negative'
WASHINGTON (AP) — Fitch has lowered the outlook for its U.S. government credit rating to “negative” from “stable” due to soaring budget deficits, but the agency is keeping its overall rating at the highest AAA level.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fitch lowers its outlook on US credit rating to 'negative'
WASHINGTON (AP) — Fitch has lowered the outlook for its U.S. government credit rating to “negative” from “stable” due to soaring budget deficits, but the agency is keeping its overall rating at the highest AAA level.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer spending up 5.6%, but virus could stall gains
WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But the virus' resurgence in much of the country could impede further gains.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Wages and benefits grow at slowest pace in 3 years
WASHINGTON (AP) — Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Government revisions show slightly slower 2019 GDP growth
WASHINGTON (AP) — The government says the U.S economy grew a bit more slowly last year than it had previously estimated and slightly faster in 2018.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
1.4 million seek jobless aid as virus surges in South, West
WASHINGTON (AP) — More than 1.4 million laid-off Americans applied for unemployment benefits last week, further evidence of the devastation the coronavirus outbreak has unleashed on the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Government revisions show slightly slower 2019 GDP growth
WASHINGTON (AP) — The government says the U.S economy grew a bit more slowly last year than it had previously estimated and slightly faster in 2018.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
1.4 million seek jobless aid as virus surges in South, West
WASHINGTON (AP) — More than 1.4 million laid-off Americans applied for unemployment benefits last week, further evidence of the devastation the coronavirus outbreak has unleashed on the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
1.4 million seek jobless aid as virus keeps forcing layoffs
WASHINGTON (AP) — More than 1.4 million laid-off Americans applied for unemployment benefits last week, further evidence of the devastation the coronavirus outbreak has unleashed on the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US economy shrank at record-breaking 33% rate last quarter
WASHINGTON (AP) — The U.S. economy shrank at a dizzying 32.9% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed sees dim economic outlook as virus squeezes economy
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending this spring. As a result, he said, the Fed plans to keep interest rates pinned near zero well into the future.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US is expected to report a record-breaking economic plunge
WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed sees dim economic outlook as virus squeezes economy
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending this spring. As a result, he said, the Fed plans to keep interest rates pinned near zero well into the future.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US is expected to report a record-breaking economic plunge
WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed extends lending programs as pandemic's impact lengthens
WASHINGTON (AP) — The Federal Reserve will extend seven of its emergency lending programs through the end of the year, an acknowledgement that the programs may be necessary for longer than was first thought as the nation struggles to control the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed wrestles with its next moves as virus stalls US economy
WASHINGTON (AP) — Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the raging viral pandemic has weakened the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer confidence tumbles in July as COVID-19 spreads
WASHINGTON (AP) — U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed extends lending programs as pandemic's impact lengthens
WASHINGTON (AP) — The Federal Reserve will extend seven of its emergency lending programs through the end of the year, an acknowledgement that the programs may be necessary for longer than was first thought as the nation struggles to control the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Fed wrestles with its next moves as virus stalls US economy
WASHINGTON (AP) — Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the raging viral pandemic has weakened the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US consumer confidence tumbles in July as COVID-19 spreads
WASHINGTON (AP) — U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
S&P CoreLogic Case-Shiller: US home prices rose 3.7% in May
WASHINGTON (AP) — U.S. home prices grew more slowly in May, but continued to show resilience in the face of the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Orders for big-ticket manufactured goods jump 7.3% in June
WASHINGTON (AP) — Orders for big-ticket manufactured goods rose a solid 7.3% in June, the second big monthly gain as manufacturing tries to climb out of a spring slump triggered by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
As Congress fights, analysts warn economy needs help now
WASHINGTON (AP) — As Congress and the White House resume their efforts to agree on a new economic aid package, evidence is growing that the U.S. economy is faltering. And so is concern that the government may not take the steps needed to support hiring and growth.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Orders for big-ticket manufactured goods jump 7.3% in June
WASHINGTON (AP) — Orders for big-ticket manufactured goods rose a solid 7.3% in June, the second big monthly gain as manufacturing tries to climb out of a spring slump triggered by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Survey: Business economists sketch a more hopeful outlook
WASHINGTON (AP) — The economic outlook of U.S. business economists has improved over the past three months, though their sunnier view may be jeopardized by the resurgence of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Survey: Business economists sketch a more hopeful outlook
WASHINGTON (AP) — The economic outlook of U.S. business economists has improved over the past three months, though their sunnier view may be jeopardized by the resurgence of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US new home sales jump 13.8% in June
WASHINGTON (AP) — Sales of new homes rose a sharp 13.8% in June, the second straight increase after two months when sales plunged as the country went into lockdown because of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US new home sales jump 13.8% in June
WASHINGTON (AP) — Sales of new homes rose a sharp 13.8% in June, the second straight increase after two months when sales plunged as the country went into lockdown because of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US new home sales jump 13.8% in June
WASHINGTON (AP) — Sales of new homes rose a sharp 13.8% in June, the second straight increase after two months when sales plunged as the country went into lockdown because of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Jobless claims rise as cutoff of extra $600 benefit nears
WASHINGTON (AP) — The nation got another dose of bad economic news Thursday as the number of laid-off workers seeking jobless benefits rose for the first time since late March, intensifying concerns the resurgent coronavirus is stalling or even reversing the economic recovery.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Jobless claims rise as cutoff of extra $600 benefit nears
WASHINGTON (AP) — The nation got another dose of bad economic news Thursday as the number of laid-off workers seeking jobless benefits rose for the first time since late March, intensifying concerns the resurgent coronavirus is stalling or even reversing the economic recovery.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Virus sends jobless claims up for first time since March
WASHINGTON (AP) — The viral pandemic's resurgence caused the number of Americans seeking unemployment benefits to rise last week for the first time in nearly four months, evidence of the deepening economic pain the outbreak is causing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
1.4 million seek jobless aid, first increase since March
WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Many more likely sought jobless aid as virus surges back
WASHINGTON (AP) — With the nation gripped by an alarming resurgence of coronavirus cases, the U.S. government will provide its latest report Thursday on the layoffs that have remained stuck at an elevated weekly level above 1 million since the pandemic erupted in March.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US sales of existing homes jump 20% after a 3-month slump
BALTIMORE (AP) — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
As restaurants endure economic losses, others feel pain, too
WASHINGTON (AP) — Restaurants helped revive the U.S. economy after the Great Recession of 2007-2009.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
As restaurants endure economic losses, others feel pain, too
WASHINGTON (AP) — Restaurants helped revive the U.S. economy after the Great Recession of 2007-2009.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
US sales of existing homes jump 20% after a 3-month slump
BALTIMORE (AP) — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Senate panel approves Trump's controversial Fed nominee
WASHINGTON (AP) — The Senate Banking Committee on Tuesday approved President Donald Trump's choice of Judy Shelton for the Federal Reserve board of governors on a party-line vote, overcoming widespread questions about her qualifications for the Fed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Senate panel approves Trump's controversial Fed nominee
WASHINGTON (AP) — The Senate Banking Committee on Tuesday approved President Donald Trump's choice of Judy Shelton for the Federal Reserve board of governors on a party-line vote, overcoming widespread questions about her qualifications for the Fed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Senate panel approves Trump's questionable Fed nominee
WASHINGTON (AP) — The Senate Banking Committee on Tuesday approved President Donald Trump's choice of Judy Shelton for the Federal Reserve board on a party-line vote, overcoming widespread questions about her qualifications for the Fed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Senate panel now likely to back questionable Trump Fed pick
WASHINGTON (AP) — In a shift, the Senate Banking Committee is likely to back President Donald Trump's unconventional nomination of Judy Shelton for the Federal Reserve's Board of Governors in a party-line vote Tuesday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Senate panel now likely to back questionable Trump Fed pick
WASHINGTON (AP) — In a shift, the Senate Banking Committee is likely to back President Donald Trump's unconventional nomination of Judy Shelton for the Federal Reserve's Board of Governors in a party-line vote Tuesday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
IMF: U.S. economy will drop 6.6% in 2020 in face of pandemic
WASHINGTON (AP) — The International Monetary Fund predicted Friday that the U.S. economy will shrink 6.6% this year, pounded by the coronavirus and the lockdowns meant to contain it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Federal Reserve expands lending program to nonprofit groups
WASHINGTON (AP) — The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
IMF: U.S. economy will drop 6.6% in 2020 in face of pandemic
WASHINGTON (AP) — The International Monetary Fund predicted Friday that the U.S. economy will shrink 6.6% this year, pounded by the coronavirus and the lockdowns meant to contain it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Federal Reserve expands lending program to nonprofit groups
WASHINGTON (AP) — The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
IMF: U.S. economy will drop 6.6% in 2020 in face of pandemic
WASHINGTON (AP) — The International Monetary Fund predicted Friday that the U.S. economy will shrink 6.6% this year, pounded by the coronavirus and the lockdowns meant to contain it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
IMF: U.S. economy will drop 6.6% in 2020 in face of pandemic
WASHINGTON (AP) — The International Monetary Fund predicted Friday that the U.S. economy will shrink 6.6% this year, pounded by the coronavirus and the lockdowns meant to contain it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 4 MONTHS AGO
Former Fed officials urge more efforts to bolster economy
WASHINGTON (AP) — Former Federal Reserve Chairs Ben Bernanke and Janet Yellen urged Congress on Friday to do more to help the economy deal with the
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Federal Reserve expands lending program to nonprofit groups
WASHINGTON (AP) — The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US retail sales jump 7.5% in June, but economy still ails
BALTIMORE (AP) — U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
More than 1M Americans seek help as companies cut more jobs
WASHINGTON (AP) — More than a million Americans sought unemployment benefits last week, indicating that companies are cutting more jobs as the resurgent coronavirus scythes through the Sunbelt and some of the nation's most populous states.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
For 17th straight week more than 1M Americans seek job aid
WASHINGTON (AP) — More than a million Americans sought unemployment benefits for the 17th consecutive week as infections began surging in some of the nation's most populous states. Layoffs in places like Florida, Georgia and California rose by tens of thousands of people.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Number of laid-off workers seeking jobless aid stuck at 1.3M
WASHINGTON (AP) — The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, an historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US retail sales jump 7.5% in June, but economy still ails
BALTIMORE (AP) — U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Demand for jobless aid high, even as economy slowly picks up
WASHINGTON (AP) — Unemployment remains painfully high in the U.S. even as economic activity slowly picks up.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed survey says economy has picked up but outlook cloudy
WASHINGTON (AP) — The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below pre-pandemic levels with the country facing high levels of uncertainty.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed survey says economy has picked up but outlook cloudy
WASHINGTON (AP) — The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below pre-pandemic levels with the country facing high levels of uncertainty.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US industrial production surges 5.4% in June
WASHINGTON (AP) — Production at America's factories, utilities and mines surged last month, but remained well below pre-pandemic levels.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed's Brainard warns US economy may slow, urges more support
WASHINGTON (AP) — Federal Reserve Governor Lael Brainard warned Tuesday that the U.S. economy appears to be slowing after an initial burst of recovery and called for the Fed to take aggressive steps to bolster growth.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed's Brainard warns US economy may slow, urges more support
WASHINGTON (AP) — Federal Reserve Governor Lael Brainard warned Tuesday that the U.S. economy appears to be slowing after an initial burst of recovery and called for the Fed to take aggressive steps to bolster growth.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed' Brainard warns US economy may slow, urges more support
WASHINGTON (AP) — Federal Reserve Governor Lael Brainard warned Tuesday that the U.S. economy appears to be slowing after an initial burst of recovery and called for the Fed to take aggressive steps to spur growth.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Spiking cost of gasoline pushes June consumer prices up 0.6%
WASHINGTON (AP) — U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting for over half of the gain.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US budget deficit hits all-time high of $864 billion in June
WASHINGTON (AP) — The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US budget deficit hits all-time high of $864 billion in June
WASHINGTON (AP) — The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US targets $1.3 billion in French imports in tech tax clash
WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital services tax on U.S. technology giants.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed buys more corporate bonds but may soon end purchases
WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by selling bonds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US targets $1.3 billion in French imports in tech tax clash
WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital services tax on U.S. technology giants.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed buys more corporate bonds but may soon end purchases
WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by selling bonds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US wholesale prices fell 0.2% in June as food costs plunged
WASHINGTON (AP) — U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US targets $1.3 billion in French imports in tech tax clash
WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital services tax on U.S. technology giants.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed buys more corporate bonds but may soon end purchases
WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by selling bonds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US wholesale prices fell 0.2% in June as food costs plunged
WASHINGTON (AP) — U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US targets $1.3 billion in French imports in tech tax clash
WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital services tax on U.S. technology giants.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed buys more corporate bonds but may soon end purchases
WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by selling bonds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US wholesale prices fell 0.2% in June as food costs plunged
WASHINGTON (AP) — U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Record low US mortgage rates for the third consecutive week
BALTIMORE (AP) — Rates on 30-year mortgages have fallen to record lows for the third consecutive week as inflation remains muted in a weakened economy, even in the face of persistent demand from homebuyers
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US economy may be stalling out as viral outbreak worsens
WASHINGTON (AP) — The U.S. economy is stumbling as the viral outbreak intensifies, threatening to slow hiring and deepening the uncertainty for employees, consumers and companies across the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Kanye West? Tim McGraw? Girl Scouts? All got PPP loans
WASHINGTON (AP) — The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn't have expected.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US economy may be stalling out as viral outbreak worsens
WASHINGTON (AP) — The U.S. economy is stumbling as the viral outbreak intensifies, threatening to slow hiring and deepening the uncertainty for employees, consumers and companies across the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Record low US mortgage rates for the third consecutive week
BALTIMORE (AP) — Rates on 30-year mortgages have fallen to record lows for the third consecutive week as inflation remains muted in a weakened economy, even in the face of persistent demand from homebuyers
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Layoffs stuck at high level as 1.3 million seek jobless aid
WASHINGTON (AP) — More than 1.3 million Americans applied for unemployment benefits last week, a historically high pace that shows that many employers are still laying people off in the face of a resurgent coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Many more likely sought jobless aid as virus surges back
WASHINGTON (AP) — The U.S. government will provide its latest snapshot Thursday of the layoffs that have remained stuck at an elevated weekly pace above 1 million since the coronavirus erupted in March even as newly re-opened businesses have rehired some workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US consumers reduced their borrowing by $18.3 billion in May
WASHINGTON (AP) — U.S. consumers reduced their borrowing for a third straight month in May as the millions of jobs lost because of the coronavirus pandemic made households less eager to take on new debt.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Kanye West? Tim McGraw? Girl Scouts? All got PPP loans
WASHINGTON (AP) — The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn't have expected.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US consumers reduced their borrowing by $18.3 billion in May
WASHINGTON (AP) — U.S. consumers reduced their borrowing for a third straight month in May as the millions of jobs lost because of the coronavirus pandemic made households less eager to take on new debt.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Kanye West? Tim McGraw? Girl Scouts? All got PPP loans
WASHINGTON (AP) — The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn't have expected.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Hiring soared in May as mass layoffs eased
WASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Kanye West? Tim McGraw? Girl Scouts? All got PPP loans
WASHINGTON (AP) — The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn't have expected.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Hiring soared in May as mass layoffs eased
WASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Activity in services sector shows record rebound in June
WASHINGTON (AP) — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Kanye West? The Girl Scouts? Hedge funds? All got PPP loans
WASHINGTON (AP) — The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn't have expected.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Kanye West? The Girl Scouts? Hedge funds? All got PPP loans
WASHINGTON (AP) — The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn't have expected.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Activity in services sector shows record rebound in June
WASHINGTON (AP) — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Activity in services sector shows big rebound in June
WASHINGTON (AP) — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US unemployment falls to 11%, but new shutdowns are underway
WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US unemployment falls to 11%, but new shutdowns are underway
WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US adds 4.8 million jobs as unemployment falls to 11.1%
WASHINGTON (AP) — U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month, yet still remained far short of regaining the colossal losses it suffered this spring.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US trade deficit rises 9.7% in May to $54.6 billion
WASHINGTON (AP) — The U.S. trade deficit rose for the third straight month in May. Both exports and imports fell as the coronavirus outbreak continued to take a toll on world commerce.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
5 things to watch for in Thursday's jobs report for June
WASHINGTON (AP) — With the viral outbreak worsening and unemployment at Depression-era levels, the government on Thursday will issue what will almost surely be another remarkable jobs report.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
A predicted surge in US job growth for June might not last
WASHINGTON (AP) — U.S. employers likely rehired several million more workers in June, thereby reducing a Depression-level unemployment rate, but the most up-to-date data suggests that a resurgent coronavirus will limit further gains.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed minutes show concerns about severity of downturn
WASHINGTON (AP) — Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the coronavirus pandemic, saying the drop in economic activity in the spring would likely be the steepest in the post-World War II period.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
A predicted surge in US job growth for June might not last
WASHINGTON (AP) — U.S. employers likely rehired several million more workers in June, thereby reducing a Depression-level unemployment rate, but the most up-to-date data suggests that a resurgent coronavirus will limit further gains.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed minutes show concerns about severity of downturn
WASHINGTON (AP) — Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the coronavirus pandemic, saying the drop in economic activity in the spring would likely be the steepest in the post-World War II period.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
5 things to watch for in Thursday's jobs report for June
WASHINGTON (AP) — With the viral outbreak worsening and unemployment at Depression-era levels, the government on Thursday will issue what will almost surely be another remarkable jobs report.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US construction spending fell 2.1% in May
WASHINGTON (AP) — U.S. construction spending fell 2.1% in May with both home building and nonresidential activity declining.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Survey: Companies added 2.4 million jobs in June
WASHINGTON (AP) — U.S. companies added nearly 2.4 million jobs in June, according to a private survey, a large gain that still leaves total employment far below its pre-pandemic levels.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Mnuchin says hardest-hit businesses should be next aid focus
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin told Congress on Tuesday that the administration wants the next round of economic aid to focus supporting businesses like restaurants that have been hardest hit by the coronavirus crisis.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed's program for loaning to Main Street off to slow start
WASHINGTON (AP) — Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like him: He's making money through food delivery and pickup and wants to borrow funds so he can expand.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Mnuchin says hardest-hit businesses should be next aid focus
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin told Congress on Tuesday that the administration wants the next round of economic aid to focus supporting businesses like restaurants that have been hardest hit by the coronavirus crisis.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US consumer confidence rises to 98.1 in June
WASHINGTON (AP) — U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US home prices increase 4% in April
WASHINGTON (AP) — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Powell says US economy facing heightened uncertainty
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country’s ability to contain the spread of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed's program for loaning to Main Street off to slow start
WASHINGTON (AP) — Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like him: He's making money through food delivery and pickup and wants to borrow funds so he can expand.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Fed's program for loaning to Main Street off to slow start
WASHINGTON (AP) — Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like him: He's making money through food delivery and pickup and wants to borrow funds so he can expand.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Powell says US economy facing heightened uncertainty
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country’s ability to contain the spread of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Richmond Fed chief: With outlook hazy, economy needs support
WASHINGTON (AP) — As president of the Federal Reserve Bank of Richmond since 2018, Tom Barkin is a member of the Fed's powerful committee that sets interest rates. The committee has been engaged this year in an extraordinary drive to support the economy and the financial system through ultra-low rates …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Apple, AT&T, Jack Daniel's: Fed issues details on bond buys
WASHINGTON (AP) — The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose corporate bonds it will purchase in the coming months in an effort to keep borrowing costs low and smooth the flow of credit.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Apple, AT&T, Jack Daniel's: Fed issues details on bond buys
WASHINGTON (AP) — The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose corporate bonds it will purchase in the coming months in an effort to keep borrowing costs low and smooth the flow of credit.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Richmond Fed chief: With outlook hazy, economy needs support
WASHINGTON (AP) — As president of the Federal Reserve Bank of Richmond since 2018, Tom Barkin is a member of the Fed's powerful committee that sets interest rates. The committee has been engaged this year in an extraordinary drive to support the economy and the financial system through ultra-low rates …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US consumer spending up 8.2%, partly erasing record plunge
WASHINGTON (AP) — American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US consumer spending up 8.2%, partly erasing record plunge
WASHINGTON (AP) — American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US GDP fell at 5.0% rate in Q1; worse is likely on the way
WASHINGTON (AP) — The U.S. economy shrank at a 5.0% rate in the first quarter and a vastly worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the U.S.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US job market's modest improvement may be stalling
WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market's gains may have stalled just as a surge in coronavirus cases is endangering an economic recovery.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Federal banking agencies ease Volcker Rule restrictions
WASHINGTON (AP) — The Federal Reserve and four other regulatory agencies announced on Thursday that they have finalized a rule that will ease restrictions curtailing the ability of banks to make investments in such areas as hedge funds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US job market's modest improvement may be stalling
WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market's gains may have stalled just as a surge in coronavirus cases is endangering an economic recovery.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Federal banking agencies ease Volcker Rule restrictions
WASHINGTON (AP) — The Federal Reserve and four other regulatory agencies announced on Thursday that they have finalized a rule that will ease restrictions curtailing the ability of banks to make investments in such areas as hedge funds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Jobless claims and depressed economy show damage from virus
WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market's gains may have stalled just as a surge in coronavirus cases is endangering an economic recovery.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Orders for US big-ticket factory goods surge 15.8% in May
WASHINGTON (AP) — Orders to American factories for big-ticket goods rebounded last month from a disastrous April and March as the U.S. economy began to slowly reopen.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US GDP fell at 5.0% rate in Q1; worse is likely on the way
WASHINGTON (AP) — The U.S. economy shrank at a 5.0% rate in the first quarter and a vastly worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the U.S.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Applications for jobless aid fall to still-high 1.48 million
WASHINGTON (AP) — The number of laid-off workers who applied for unemployment benefits declined slightly to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Many more likely sought jobless aid with layoffs still high
WASHINGTON (AP) — The U.S. government will provide its latest report Thursday on the layoffs that have left millions unemployed and have remained high even as many businesses have reopened and rehired some laid-off workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
IMF downgrades outlook for global economy in face of virus
WASHINGTON (AP) — The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
IMF downgrades outlook for global economy in face of virus
WASHINGTON (AP) — The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US new home sales rise surprisingly strong 16.6% in May
WASHINGTON (AP) — Sales of new homes rose a surprisingly strong 16.6% in May with the reopening of major parts of the country potentially fueling activity in the housing market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US new home sales rise surprisingly strong 16.6% in May
WASHINGTON (AP) — Sales of new homes rose a surprisingly strong 16.6% in May with the reopening of major parts of the country potentially fueling activity in the housing market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Existing home sale plunge 9.7% in 3rd straight monthly drop
WASHINGTON (AP) — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Existing home sale plunge 9.7% in 3rd straight monthly drop
WASHINGTON (AP) — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Hiring rose in 46 states in May yet jobless rates still high
WASHINGTON (AP) — Employers added jobs in 46 states last month, evidence that the U.S. economy's surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only later.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Hiring rose in 46 states in May yet jobless rates still high
WASHINGTON (AP) — Employers added jobs in 46 states last month, evidence that the U.S. economy's surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only later.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Hiring rose in 46 states in May yet jobless rates still high
WASHINGTON (AP) — Employers added jobs in 46 states last month, evidence that the U.S. economy's surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only later.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Hiring rose in 46 states in May yet jobless rates still high
WASHINGTON (AP) — Employers added jobs in 46 states last month, evidence that the U.S. economy's surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only later.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Persistently high layoffs suggest a slow US economic rebound
WASHINGTON (AP) — Three months after the viral outbreak shut down businesses across the country, U.S. employers are still shedding jobs at a heavy rate, a trend that points to a slow and prolonged recovery from the recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Persistently high layoffs suggest a slow US economic rebound
WASHINGTON (AP) — Three months after the viral outbreak shut down businesses across the country, U.S. employers are still shedding jobs at a heavy rate, a trend that points to a slow and prolonged recovery from the recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
1.5 million more laid-off workers seek unemployment benefits
WASHINGTON (AP) — About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Many more likely sought US jobless aid even as layoffs slow
WASHINGTON (AP) — The U.S. government will issue its latest snapshot Thursday of the layoffs that have left millions unemployed but have slowed as businesses have increasingly reopened and rehired some of their laid-off workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Powell: A stronger job market is key to combating inequality
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell stressed Wednesday that the federal government's role in strengthening the U.S. market in the face of a recession is vital in preventing a worsening of economic inequality.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US seeks lower tariffs overseas, fewer duty-free imports
WASHINGTON (AP) — The Trump administration plans to carry on with its confrontational approach to world trade, pressuring other countries to lower their tariffs on U.S. products and perhaps making it harder for imports to enter the United States duty free.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
US seeks lower tariffs overseas, fewer duty-free imports
WASHINGTON (AP) — The Trump administration plans to carry on with its confrontational approach to world trade, pressuring other countries to lower their tariffs on U.S. products and perhaps making it harder for imports to enter the United States duty free.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 5 MONTHS AGO
Powell: A stronger job market is key to combating inequality
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell stressed Wednesday that the federal government's role in strengthening the U.S. market in the face of a recession is vital in preventing a worsening of economic inequality.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US home construction rebounds 4.3% in May
WASHINGTON (AP) — US home construction rebounded 4.3% in May after steep declines caused by shutdowns due to the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Powell warns that long downturn would mean severe damage
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with “significant uncertainty” about the timing and strength of a recovery. He cautioned that the longer the recession lasts, the worse the damage that would be inflicted on the job market and …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Powell warns that long downturn would mean severe damage
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with “significant uncertainty” about the timing and strength of a recovery. He cautioned that the longer the recession lasts, the worse the damage that would be inflicted on the job market and …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US industrial production bounces back 1.4% in May
WASHINGTON (AP) — American industry rebounded last month as factories began to reopen for the first time since being shut down by the coronavirus in Aprll.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US retail sales likely recovered partly from record plunge
BALTIMORE (AP) — U.S. retail sales likely recovered somewhat last month as the economy increasingly reopened from shutdowns caused by the coronavirus and more shoppers felt confident enough to spend.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed moves to ensure companies can tap bond market for funds
WASHINGTON (AP) — The Federal Reserve said Monday that it will begin purchasing corporate bonds as part of a
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed moves to ensure companies can tap bond market for funds
WASHINGTON (AP) — The Federal Reserve said Monday that it will begin purchasing corporate bonds as part of a
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Federal Reserve launches corporate bond-buying program
WASHINGTON (AP) — The Federal Reserve said Monday that it will begin purchasing corporate bonds as part of a
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed says 'full range of tools' in play to counter pandemic
WASHINGTON (AP) — The Federal Reserve is promising to use its “full range of tools” to pull the country out of a recession brought on by a global pandemic, signaling that it would keep interest rates low through 2022.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed says 'full range of tools' in play to counter pandemic
WASHINGTON (AP) — The Federal Reserve is promising to use its “full range of tools” to pull the country out of a recession brought on by a global pandemic, signaling that it would keep interest rates low through 2022.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed says 'full range of tools' in play to counter pandemic
WASHINGTON (AP) — The Federal Reserve is promising to use its “full range of tools” to pull the country out of a recession brought on by a global pandemic, signaling that it would keep interest rates low through 2022.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed: Will use 'full range of tools' to boost economy
WASHINGTON (AP) — The Federal Reserve has promised to use its “full range of tools” to pull the country out of a deep recession caused by a global pandemic, signaling that it would keep interest rates low through 2022.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US wholesale prices rise 0.4% in May led by food and energy
WASHINGTON (AP) — U.S. wholesale prices rose 0.4% in May, led by a gains in the cost of food and energy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
1.5 million more laid-off workers seek unemployment benefits
WASHINGTON (AP) — About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US wholesale prices rise 0.4% in May led by food and energy
WASHINGTON (AP) — U.S. wholesale prices rose 0.4% in May, led by a gains in the cost of food and energy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
1.5 million more laid-off workers seek unemployment benefits
WASHINGTON (AP) — About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Many more likely sought US jobless aid even as layoffs slow
WASHINGTON (AP) — The U.S. government is set to issue its latest report Thursday on the layoffs that have left millions unemployed but that have markedly slowed as many businesses have partially reopened and rehired some laid-off workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed to keep providing aid and sees no rate hike through 2022
WASHINGTON (AP) — Confronted with an economy gripped by recession and high unemployment, the Federal Reserve signaled Wednesday that it expects to keep its key short-term interest rate near zero through 2022.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
May consumer prices fall 0.1%, the third consecutive month
WASHINGTON (AP) — U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US deficit racks up record deficit with 4 months still to go
WASHINGTON (AP) — The federal government recorded a budget deficit of $1.88 trillion for the first eight months of this budget year, larger than even any annual shortfalls in U.S. history.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US deficit racks up record deficit with 4 months still to go
WASHINGTON (AP) — The federal government recorded a budget deficit of $1.88 trillion for the first eight months of this budget year, larger than even any annual shortfalls in U.S. history.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed to keep providing aid and sees no rate hike through 2022
WASHINGTON (AP) — Confronted with an economy gripped by recession and high unemployment, the Federal Reserve signaled Wednesday that it expects to keep its key short-term interest rate near zero through 2022.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
May consumer prices fall 0.1%, the third consecutive month
WASHINGTON (AP) — U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US consumer spending sinks by record 13.6% in face of virus
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US employers laid off 7.7 million workers in April
BALTIMORE (AP) — U.S. employers laid off 7.7 million workers in April — a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Powell likely to stress Fed's ability to further aid economy
WASHINGTON (AP) — Chairman Jerome Powell faces a challenging task Wednesday: He'll need to make a convincing case that the Federal Reserve is committed to using all its tools to bolster an economy gripped by recession — without making any policy changes to show it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Powell likely to stress Fed's ability to further aid economy
WASHINGTON (AP) — Chairman Jerome Powell faces a challenging task Wednesday: He'll need to make a convincing case that the Federal Reserve is committed to using all its tools to bolster an economy gripped by recession — without making any policy changes to show it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US employers laid off 7.7 million workers in April
BALTIMORE (AP) — U.S. employers laid off 7.7 million workers in April — a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
A US recession began in February in the face of coronavirus
WASHINGTON (AP) — The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Survey: Business economists expect worst slump since 1940s
WASHINGTON (AP) — Business economists expect the United States to suffer its worst downturn this year in more than seven decades before growth resumes sometime next year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
World Bank: world will suffer largest downturn since 1940s
WASHINGTON (AP) — The World Bank said Monday the world is facing an unprecedented health and economic crisis that has spread with astonishing speed and will result in the largest shock the global economy has witnessed in more than seven decades. Millions of people are expected to be pushed into …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed acts to broaden appeal of 'Main Street' lending program
WASHINGTON (AP) — The Federal Reserve is expanding the range of companies that will qualify for its soon-to-begin Main Street Lending Program, in which the Fed will lend directly to individual companies for the first time since the Great Depression.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed acts to broaden appeal of 'Main Street' lending program
WASHINGTON (AP) — The Federal Reserve is expanding the range of companies that will qualify for its soon-to-begin Main Street Lending Program, in which the Fed will lend directly to individual companies for the first time since the Great Depression.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
A US recession began in February in the face of coronavirus
WASHINGTON (AP) — The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Recession hit US in February, ending record-long expansion
WASHINGTON (AP) — The U.S. economy entered a recession in February, a group of economists declared Monday, ending the longest expansion on record.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
World Bank: world will suffer largest downturn since 1940s
WASHINGTON (AP) — The World Bank said Monday the world is facing an unprecedented health and economic crisis that has spread with astonishing speed and will result in the largest shock the global economy has witnessed in more than seven decades. Millions of people are expected to be pushed into …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Survey: Business economists expect worst slump since 1940s
WASHINGTON (AP) — Business economists expect the United States to suffer its worst downturn this year in more than seven decades before growth resumes sometime next year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US unemployment drops unexpectedly to 13.3% amid outbreak
WASHINGTON (AP) — U.S. unemployment
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Virus exposes sharp economic divide: College vs. non-college
BALTIMORE (AP) — For an American workforce under continuing threat from the coronavirus, the best protection might just be a college degree.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US consumers shunned borrowing in April as economy shut down
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Survey: Business economists expect worst slump since 1940s
WASHINGTON (AP) — Business economists expect the United States to suffer its worst downturn this year in more than seven decades before growth resumes sometime next year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US unemployment drops unexpectedly to 13.3% amid outbreak
WASHINGTON (AP) — U.S. unemployment
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Virus exposes sharp economic divide: College vs. non-college
BALTIMORE (AP) — For an American workforce under continuing threat from the coronavirus, the best protection might just be a college degree.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US consumers shunned borrowing in April as economy shut down
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Anatomy of a political comeback: How Biden earned nomination
BALTIMORE (AP) — It seemed easy to write off
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Virus exposes sharp economic divide: College vs. non-college
BALTIMORE (AP) — For an American workforce under continuing threat from the coronavirus, the best protection might just be a college degree.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US unemployment drops unexpectedly to 13.3% amid outbreak
WASHINGTON (AP) — U.S. unemployment
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US consumers shunned borrowing in April as economy shut down
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
AP Explains: Key takeaways from a surprising jobs report
BALTIMORE (AP) — No one saw it coming — 2.5 million job gains in May and a lower unemployment rate.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US consumers shunned borrowing in April as economy shut down
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US unemployment drops unexpectedly to 13.3% amid outbreak
WASHINGTON (AP) — U.S. unemployment
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US unemployment drops unexpectedly to a still-high 13.3%
WASHINGTON (AP) — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a rally Friday on Wall Street and giving President Donald Trump something to boast about amid his reelection bid.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
U.S. trade gap rises to $49.4 billion in April
WASHINGTON (AP) — The U.S. trade deficit hit the highest level in eight months in April. Exports and imports both posted record monthly drops as the coronavirus pandemic smothered America's commerce with other countries.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US productivity falls at 0.9% rate in first quarter
WASHINGTON (AP) — U.S. productivity fell at a 0.9% rate in the first three months of this year, a smaller decline than first estimated, while labor costs rose at a slightly faster pace.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Average 30-year mortgage rates rose slightly to 3.18%
BALTIMORE (AP) — Long-term mortgage rates increased slightly as the U.S. economy showed signs that the worst of the coronavirus-fueled recession may have passed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
1.9 million seek jobless aid even as reopenings slow layoffs
WASHINGTON (AP) — Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Average 30-year mortgage rates rose slightly to 3.18%
BALTIMORE (AP) — Long-term mortgage rates increased slightly as the U.S. economy showed signs that the worst of the coronavirus-fueled recession may have passed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US productivity falls at 0.9% rate in first quarter
WASHINGTON (AP) — U.S. productivity fell at a 0.9% rate in the first three months of this year, a smaller decline than first estimated, while labor costs rose at a slightly faster pace.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
U.S. trade gap rises to $49.4 billion in April
WASHINGTON (AP) — The U.S. trade deficit hit the highest level in eight months in April. Exports and imports both posted record monthly drops as the coronavirus pandemic smothered America's commerce with other countries.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
1.9 million seek jobless aid even as reopenings slow layoffs
WASHINGTON (AP) — Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Many more likely sought US jobless aid even as layoffs slow
WASHINGTON (AP) — The U.S. government is set to issue its latest report Thursday on the layoffs that have left millions unemployed but have steadily slowed as many businesses have begun to reopen and to rehire some laid-off workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Survey: 2.76 million layoffs in May, far fewer than expected
BALTIMORE (AP) — U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed approves expansion of state and local support program
WASHINGTON (AP) — The Federal Reserve has approved an expansion of its $500 billion emergency program to support state and local governments.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US job losses in May could raise 3-month total to 30 million
WASHINGTON (AP) — The epic damage to America’s job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment report: Eight million more jobs are estimated to have been lost. Unemployment could near 20%. And potentially fewer than half of all adults …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US service sector contracts for second month in May
WASHINGTON (AP) — The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US job losses in May could raise 3-month total to 30 million
WASHINGTON (AP) — The epic damage to America’s job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment report: Eight million more jobs are estimated to have been lost. Unemployment could near 20%. And potentially fewer than half of all adults …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed approves expansion of state and local support program
WASHINGTON (AP) — The Federal Reserve has approved an expansion of its $500 billion emergency program to support state and local governments.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US service sector contracts for second month in May
WASHINGTON (AP) — The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Survey: 2.76 million layoffs in May, far fewer than expected
BALTIMORE (AP) — U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Survey: Businesses cut 2.76 million jobs in May
BALTIMORE (AP) — U.S. businesses shed 2.76 million jobs in May as the economic damage from the coronavirus outbreak stretched into a third month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Survey: US factories sink in May for third straight month
WASHINGTON (AP) — American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
CBO projects virus impact could trim GDP by $15.7 trillion
WASHINGTON (AP) — The Congressional Budget Office said Monday that the U.S. economy could be $15.7 trillion smaller over the next decade than it otherwise would have been if Congress does not mitigate the economic damage from the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
April construction spending falls 2.9% as virus upends work
WASHINGTON (AP) — U.S. construction spending fell 2.9% in April, the largest drop in 18 months, with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
CBO projects virus impact could trim GDP by $15.7 trillion
WASHINGTON (AP) — The Congressional Budget Office said Monday that the U.S. economy could be $15.7 trillion smaller over the next decade than it otherwise would have been if Congress does not mitigate the economic damage from the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
April construction spending falls 2.9% as virus upends work
WASHINGTON (AP) — U.S. construction spending fell 2.9% in April, the largest drop in 18 months, with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Survey: US factories sink in May for third straight month
WASHINGTON (AP) — American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Debate over $600 in jobless aid to intensify as claims rise
WASHINGTON (AP) — A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US consumer spending sinks by record 13.6% in face of virus
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Powell: Fed to soon begin 'challenging' Main Street lending
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Debate over $600 in jobless aid to intensify as claims rise
WASHINGTON (AP) — A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US consumer spending sinks by record 13.6% in face of virus
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Powell: Fed to soon begin 'challenging' Main Street lending
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Powell: Fed to soon begin 'challenging' Main Street lending
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US consumer spending sinks by record 13.6% in face of virus
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Debate over $600 in jobless aid to intensify as claims rise
WASHINGTON (AP) — A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Debate over $600 in jobless aid to intensify as claims rise
WASHINGTON (AP) — A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Pending home sales plunged 21.8% in April on a monthly basis
BALTIMORE (AP) — April had a record collapse in Americans signing contracts to buy homes, a reflection of the broader shutdown of economic activity in response to the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
41 million have lost jobs since virus hit, but layoffs slow
WASHINGTON (AP) — Roughly 2.1 million people applied for U.S. unemployment benefits last week, a sign that companies are still slashing jobs in the face of a deep recession even as more businesses reopen and rehire some laid-off employees.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US economy shrank at 5% annual rate in Q1
WASHINGTON (AP) — The U.S. economy shrank at an even faster pace than initially estimated in the first three months of this year with economists continuing to expect a far worse outcome in the current April-June quarter.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Orders for US big-ticket factory goods drop 17.2% in April
WASHINGTON (AP) — U.S. orders for big-ticket factory goods plunged for the second straight month in April as the coronavirus pandemic hammered the economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Many more likely sought US jobless aid even as layoffs slow
WASHINGTON (AP) — The U.S. government is set to sketch its latest picture Thursday of the layoffs that have left tens of millions of people unemployed but have slowed as states increasingly allow businesses to reopen.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed report notes businesses less optimistic about economy
WASHINGTON (AP) — Businesses across the country surveyed by the Federal Reserve don’t appear to share the Trump administration's optimism about a rapid economic recovery starting this summer.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed report notes businesses less optimistic about economy
WASHINGTON (AP) — Businesses across the country surveyed by the Federal Reserve don’t appear to share the Trump administration's optimism about a rapid economic recovery starting this summer.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
Fed report notes sharp virus-related drop in economy
WASHINGTON (AP) — The Federal Reserve detailed Wednesday what most of the nation is already acutely aware of: Economic activity fell sharply around the country in April and May as measures to combat the spread of the coronavirus outbreak took hold.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US home price gains quickened in March as sales plunged
WASHINGTON (AP) — U.S. home prices accelerated in March even though sales plummeted, as those Americans still house shopping were forced to bid for a sharply diminished supply of homes.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US new-home sales post slight gain in April
BALTIMORE (AP) — U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative health of potential buyers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US new-home sales post slight gain in April
BALTIMORE (AP) — U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative health of potential buyers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US home price gains quickened in March as sales plunged
WASHINGTON (AP) — U.S. home prices accelerated in March even though sales plummeted, as those Americans still house shopping were forced to bid for a sharply diminished supply of homes.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 6 MONTHS AGO
US wholesale prices drop record 1.3% in April
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Powell warns of a possible sustained recession from pandemic
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US wholesale prices drop record 1.3% in April
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Why prospect of deflation could pose a threat to US economy
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Powell warns of a possible sustained recession from pandemic
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed vows transparency in providing details on support
WASHINGTON (AP) — The Federal Reserve said Tuesday that each month it will publish the names of borrowers from two of the programs it has established to support the economy during the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US government sees record monthly deficit of $737.9 billion
WASHINGTON (AP) — The federal government piled up a record deficit in April, traditionally a month of big budget surpluses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US wholesale prices drop record 1.3% in April
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Why prospect of deflation could pose a threat to US economy
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Powell warns of a possible sustained recession from pandemic
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed vows transparency in providing details on support
WASHINGTON (AP) — The Federal Reserve said Tuesday that each month it will publish the names of borrowers from two of the programs it has established to support the economy during the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US government sees record monthly deficit of $737.9 billion
WASHINGTON (AP) — The federal government piled up a record deficit in April, traditionally a month of big budget surpluses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Powell warns of a possible sustained recession from pandemic
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US wholesale prices drop record 1.3% in April
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Why prospect of deflation could pose a threat to US economy
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed vows transparency in providing details on support
WASHINGTON (AP) — The Federal Reserve said Tuesday that each month it will publish the names of borrowers from two of the programs it has established to support the economy during the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US government sees record monthly deficit of $737.9 billion
WASHINGTON (AP) — The federal government piled up a record deficit in April, traditionally a month of big budget surpluses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed vows transparency in providing details on support
WASHINGTON (AP) — The Federal Reserve said Tuesday that each month it will publish the names of borrowers from two of the programs it has established to support the economy during the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US government sees record monthly deficit of $737.9 billion
WASHINGTON (AP) — The federal government piled up a record deficit in April, traditionally a month of big budget surpluses.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Why prospect of deflation could pose a threat to US economy
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Consumer prices off by most since '08 as virus slows economy
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US consumer prices drop 0.4% with core down record amount
WASHINGTON (AP) — U.S. consumer prices fell 0.8% in April, the biggest drop since the 2008 financial crisis, with decreases led by a huge drop in gasoline prices and from businesses most affected by the coronavirus shutdowns.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US construction spending increases 0.9% in March
WASHINGTON (AP) — U.S. construction spending edged up 0.9% in March as building activity escaped the early impacts of the coronavirus shutdowns.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US manufacturing falls in April as virus ravages economy
WASHiNGTON (AP) — U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US construction spending increases 0.9% in March
WASHINGTON (AP) — U.S. construction spending edged up 0.9% in March as building activity escaped the early impacts of the coronavirus shutdowns.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US manufacturing falls in April as virus ravages economy
WASHiNGTON (AP) — U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US construction spending increases 0.9% in March
WASHINGTON (AP) — U.S. construction spending edged up 0.9% in March as building activity escaped the early impacts of the coronavirus shutdowns.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US manufacturing falls in April as virus ravages economy
WASHiNGTON (AP) — U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US construction spending increases 0.9% in March
WASHINGTON (AP) — U.S. construction spending edged up 0.9% in March as building activity escaped the early impacts of the coronavirus shutdowns.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US manufacturing falls in April as virus ravages economy
WASHiNGTON (AP) — U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
30 million have sought US unemployment aid since virus hit
WASHINGTON (AP) — More than 3.8 million laid-off workers
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed expands Main Street Lending Program for businesses
WASHINGTON (AP) — The Federal Reserve announced Thursday that it was expanding a major lending program to provide support for businesses struggling to cope with the economic disruptions caused by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed expands Main Street Lending Program for businesses
WASHINGTON (AP) — The Federal Reserve announced Thursday that it was expanding a major lending program to provide support for businesses struggling to cope with the economic disruptions caused by the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US wages and benefits were steadily rising before COVID-19
BALTIMORE (AP) — Before the coronavirus outbreak led to 30 million job losses, the average gains in wages and benefits had been steadily rising for the first three months of this year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
30 million have sought US unemployment aid since virus hit
WASHINGTON (AP) — More than 3.8 million laid-off workers
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Another glut of US unemployment applications is expected
WASHINGTON (AP) — The U.S. government is expected Thursday to issue another bleak report on the layoffs that have cut through America’s workforce since the coronavirus forced businesses across the country to shut down starting last month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Trump trade office adds Amazon to 'notorious markets' list
WASHINGTON (AP) — The United States for the first time added five of Amazon’s overseas operations to its list of “notorious markets’’ where pirated goods are sold. The e-commerce giant dismissed the move as part of the Trump administration's “personal vendetta'' against it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Economists agree: No quick rebound from recession is likely
WASHINGTON (AP) — Devastated by the coronavirus, the U.S. economy is sinking. And the plunge is accelerating.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed signals it will likely hold rates near zero for months
WASHINGTON (AP) — The Federal Reserve
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US pending home sales sank 20.8% in March
BALTIMORE (AP) — U.S. home sales showed signs of collapsing in March, as the number of contract signs plunged sharply because of the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed signals it will likely hold rates near zero for months
WASHINGTON (AP) — The Federal Reserve
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Economists agree: No quick rebound from recession is likely
WASHINGTON (AP) — Devastated by the coronavirus, the U.S. economy is sinking. And the plunge is accelerating.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Trump trade office adds Amazon to 'notorious markets' list
WASHINGTON (AP) — The United States for the first time added five of Amazon’s overseas operations to its list of “notorious markets’’ where pirated goods are sold. The e-commerce giant dismissed the move as part of the Trump administration's “personal vendetta'' against it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US pending home sales sank 20.8% in March
BALTIMORE (AP) — U.S. home sales showed signs of collapsing in March, as the number of contract signs plunged sharply because of the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US economy shrank 4.8% last quarter, with worst yet to come
WASHINGTON (AP) — The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US economy shrank at 4.8% rate last quarter as virus struck
WASHINGTON (AP) — The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
GDP report to show a damaged economy sliding into recession
WASHINGTON (AP) — The U.S. economy began 2020 riding the crest of a record-long expansion with every expectation that its 11th year of growth would not be its last.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Federal Reserve likely to pledge support for ailing economy
WASHINGTON (AP) — With the U.S. economy gripped by its worst crisis since the 1930s, Federal Reserve policymakers are expected to offer sweeping assurances Wednesday that they will act as needed to help prevent the damage from growing even worse.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Consumer confidence plunges in April as millions lose jobs
WASHINGTON (AP) — U.S. consumer confidence plunged in April as millions lost their jobs and there was an unprecedented deterioration of an index that monitors their attitudes about current business and work conditions.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
GDP report to show a damaged economy sliding into recession
WASHINGTON (AP) — The U.S. economy began 2020 riding the crest of a record-long expansion with every expectation that its 11th year of growth would not be its last.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Federal Reserve likely to pledge support for ailing economy
WASHINGTON (AP) — With the U.S. economy gripped by its worst crisis since the 1930s, Federal Reserve policymakers are expected to offer sweeping assurances Wednesday that they will act as needed to help prevent the damage from growing even worse.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Consumer confidence plunges in April as millions lose jobs
WASHINGTON (AP) — U.S. consumer confidence plunged in April as millions lost their jobs and there was an unprecedented deterioration of an index that monitors their attitudes about current business and work conditions.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US home prices rose before viral outbreak shut economy
WASHINGTON (AP) — U.S home prices were rising at a steady pace in February, before the viral outbreak shuttered much of the economy and caused a sharp decline in home sales.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Federal Reserve expands lending to more cities and counties
WASHINGTON (AP) — The Federal Reserve will allow a much larger number of cities and counties to participate in a lending program that it announced
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Questions swirl as Fed meets amid deepening economic crisis
WASHINGTON (AP) — The Federal Reserve has largely calmed turbulent financial markets. Yet a far tougher task remains: Helping rescue an economy and job market that appear to be free-falling into the worst catastrophe since the Great Depression.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Federal Reserve expands lending to more cities and counties
WASHINGTON (AP) — The Federal Reserve will allow a much larger number of cities and counties to participate in a lending program that it announced
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Questions swirl as Fed meets amid deepening economic crisis
WASHINGTON (AP) — The Federal Reserve has largely calmed turbulent financial markets. Yet a far tougher task remains: Helping rescue an economy and job market that appear to be free-falling into the worst catastrophe since the Great Depression.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Survey: Business economists' outlook darkens since virus hit
WASHINGTON (AP) — A survey of U.S. business economists in mid-April found that one-third of their companies had shut down at least some of their operations, and two-thirds had laid off or furloughed workers or cut their pay to try to minimize the impact of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Survey: Business economists' outlook darkens since virus hit
WASHINGTON (AP) — A survey of U.S. business economists in mid-April found that one-third of their companies had shut down at least some of their operations, and two-thirds had laid off or furloughed workers or cut their pay to try to minimize the impact of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed reports financial details on 3 key support programs
WASHINGTON (AP) — The Federal Reserve had $85.8 billion in loans outstanding last week in three of the programs it rolled out last month to protect the economy during the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed reports financial details on 3 key support programs
WASHINGTON (AP) — The Federal Reserve had $85.8 billion in loans outstanding last week in three of the programs it rolled out last month to protect the economy during the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Many small businesses say loans won't get them to rehire
WASHINGTON (AP) — Some small businesses that obtained a highly-coveted government loan say they won’t be able to use it to bring all their laid-off workers back, even though that is what the program was designed to do.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US factory orders plunge 14.4% as economy grinds to halt
WASHINGTON (AP) — Orders for big-ticket manufactured goods plunged 14.4% in March, the second-biggest decline on record. The worse-than-expected slide underscored the severity of the economic impact from the pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed reports financial details on 3 key support programs
WASHINGTON (AP) — The Federal Reserve had $85.8 billion in loans outstanding last week in three of the programs it rolled out last month to protect the economy during the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US factory orders plunge 14.4% as economy grinds to halt
WASHINGTON (AP) — Orders for big-ticket manufactured goods plunged 14.4% in March, the second-biggest decline on record. The worse-than-expected slide underscored the severity of the economic impact from the pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Many small businesses say loans won't get them to rehire
WASHINGTON (AP) — Some small businesses that obtained a highly-coveted government loan say they won’t be able to use it to bring all their laid-off workers back, even though that is what the program was designed to do.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed will provide monthly disclosures on support programs
WASHINGTON (AP) — The Federal Reserve said Thursday that it will provide monthly reports on several of its economic rescue programs supported by the $2 trillion rescue program passed by Congress.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
New home sales plunge 15.4% in March as virus hits
WASHINGTON (AP) — U.S. new home sales plunged 15.4% in March as a winding down in the middle of the month due to the coronavirus began to rattle the housing market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Gig workers and self-employed keep waiting for jobless aid
WASHINGTON (AP) — Like many Americans cooped up during the virus outbreak, Jeff Kardesch of Austin, Texas, is spending a lot of time on social media. It isn't just idle talk with friends. Kardesch is struggling to find out when he’ll receive the unemployment benefits he needs.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Fed will provide monthly disclosures on support programs
WASHINGTON (AP) — The Federal Reserve said Thursday that it will provide monthly reports on several of its economic rescue programs supported by the $2 trillion rescue program passed by Congress.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Gig workers and self-employed keep waiting for jobless aid
WASHINGTON (AP) — Like many Americans cooped up during the virus outbreak, Jeff Kardesch of Austin, Texas, is spending a lot of time on social media. It isn't just idle talk with friends. Kardesch is struggling to find out when he’ll receive the unemployment benefits he needs.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
26 million have sought US jobless aid since virus hit
WASHINGTON (AP) — More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Many small businesses say loans won't get them to rehire
WASHINGTON (AP) — Some small businesses that obtained a highly-coveted government loan say they won’t be able to use it to bring all their laid-off workers back, even though that is what the program was designed to do.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
New home sales plunge 15.4% in March as virus hits
WASHINGTON (AP) — U.S. new home sales plunged 15.4% in March as a winding down in the middle of the month due to the coronavirus began to rattle the housing market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
Many small businesses say loans won't get them to rehire
WASHINGTON (AP) — Some small businesses that obtained a highly-coveted government loan say they won’t be able to use it to bring all their laid-off workers back, even though that is what the program was designed to do.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US home sales plunge 8.5% in March, and it may grow worse
BALTIMORE (AP) — U.S. sales of existing homes cratered 8.5% in March with real estate activity stalled by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US home sales plunge 8.5% in March, and it may grow worse
BALTIMORE (AP) — U.S. sales of existing homes cratered 8.5% in March with real estate activity stalled by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
US home sales plummeted 8.5% in March
BALTIMORE (AP) — U.S. sales of existing homes cratered 8.5% in March with real estate activity stalled by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
IMF, World Bank pledge help amid calls for more debt relief
WASHINGTON (AP) — The 189-nation International Monetary Fund and its sister lending agency, the World Bank, on Friday pledged to step up their efforts to cushion the blow to the global economy from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 7 MONTHS AGO
IMF, World Bank pledge help amid calls for more debt relief
WASHINGTON (AP) — The 189-nation International Monetary Fund and its sister lending agency, the World Bank, on Friday pledged to step up their efforts to cushion the blow to the global economy from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Layoffs and pay cuts are now striking more white collar jobs
WASHINGTON (AP) — First, it was bars, restaurants, hotels. And clothing stores, movie theaters, entertainment venues. And countless small businesses, from bookstores to barber shops.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
IMF, World Bank pledge help amid calls for more debt relief
WASHINGTON (AP) — The 189-nation International Monetary Fund and its sister lending agency, the World Bank, on Friday pledged to step up their efforts to cushion the blow to the global economy from the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Layoffs and pay cuts are now striking more white collar jobs
WASHINGTON (AP) — First, it was bars, restaurants, hotels. And clothing stores, movie theaters, entertainment venues. And countless small businesses, from bookstores to barber shops.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Layoffs and pay cuts are now striking more white collar jobs
WASHINGTON (AP) — First, it was bars, restaurants, hotels. And clothing stores, movie theaters, entertainment venues. And countless small businesses, from bookstores to barber shops.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Record 22 million have sought US jobless aid since virus
WASHINGTON (AP) — The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck forced
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US unemployment applications are set to shoot up again
WASHINGTON (AP) — The U.S. government is poised Thursday to announce the latest alarming report on the layoffs that have been sweeping across the economy since the coronavirus outbreak struck hard last month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Factory shutdowns near WWII demobilization levels in US
WASHINGTON (AP) — American industry collapsed in March as the pandemic wreaked havoc on the U.S. economy. Manufacturing and overall industrial production posted the biggest declines since the United States demobilized after World War II.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed notes what most Americans see: A sharp economic downturn
WASHINGTON (AP) — The Federal Reserve is noting what most Americans are already acutely aware of: Economic activity contracted sharply and abruptly cross all regions of the country in recent weeks as the country locked down to combat the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Commerce locks up and retail sales plunge unprecedented 8.7%
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forced an almost complete lockdown of commerce nationwide.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
'A crisis like no other': IMF facing huge demand for support
WASHINGTON (AP) — The head of the International Monetary Fund said Wednesday that the lending agency is facing huge demand for support from its members during the global pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed notes what most Americans see: A sharp economic downturn
WASHINGTON (AP) — The Federal Reserve is noting what most Americans are already acutely aware of: Economic activity contracted sharply and abruptly cross all regions of the country in recent weeks as the country locked down to combat the coronavirus pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
'A crisis like no other': IMF facing huge demand for support
WASHINGTON (AP) — The head of the International Monetary Fund said Wednesday that the lending agency is facing huge demand for support from its members during the global pandemic.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Factory shutdowns near WWII demobilization levels in US
WASHINGTON (AP) — American industry collapsed in March as the pandemic wreaked havoc on the U.S. economy. Manufacturing and overall industrial production posted the biggest declines since the United States demobilized after World War II.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Commerce locks up and retail sales plunge unprecedented 8.7%
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forced an almost complete lockdown of commerce nationwide.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Industry slowdown nears WWII demobilization levels in US
WASHINGTON (AP) — American industry collapsed in March as the pandemic wreaked havoc on the U.S. economy. Manufacturing and overall industrial production posted the biggest declines since the United States demobilized after World War II.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
With commerce frozen, retail sales plunge unprecedented 8.7%
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forces an almost complete lock down of commerce nationwide.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US retail sales plunge by record 8.7% in March amid shutdown
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, a record drop as the viral outbreak closed down thousands of stores and shoppers stayed home.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Virus exposes US inequality. Will it spur lasting remedies?
WASHINGTON (AP) — The sick who still go to work because they have no paid leave.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
From people and firms desperate for aid, one question: When?
BALTIMORE (AP) — It's been two weeks since President Donald Trump signed into law a $2.2 trillion economic rescue package that will distribute money to struggling individuals and businesses. It feels like a lot longer than that to James Stearns of Gulfport, Mississippi.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Virus exposes US inequality. Will it spur lasting remedies?
WASHINGTON (AP) — The sick who still go to work because they have no paid leave.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US budget deficit totals $743.6 billion over past 6 months
WASHINGTON (AP) — The federal government's budget deficit for the first half of this budget year totaled $743.6 billion, up 7.6% from last year, and well on its way to topping $1 trillion even before the impacts of the coronavirus were felt.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
From people and firms desperate for aid, one question: When?
BALTIMORE (AP) — It's been two weeks since President Donald Trump signed into law a $2.2 trillion economic rescue package that will distribute money to struggling individuals and businesses. It feels like a lot longer than that to James Stearns of Gulfport, Mississippi.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
From people and firms desperate for aid, one question: When?
BALTIMORE (AP) — It's been two weeks since President Donald Trump signed into law a $2.2 trillion economic rescue package that will distribute money to struggling individuals and businesses. It feels like a lot longer than that to James Stearns of Gulfport, Mississippi.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Consumer prices slump 0.4% as virus puts chill on spending
WASHINGTON (AP) — Consumer prices fell 0.4% in March, the largest decline in five years, revealing the downward pressure that the coronavirus pandemic is exerting on the cost of gasoline, airfares, hotel rooms and other goods and services.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US budget deficit totals $743.6 billion over past 6 months
WASHINGTON (AP) — The federal government's budget deficit for the first half of this budget year totaled $743.6 billion, up 7.6% from last year, and well on its way to topping $1 trillion even before the impacts of the coronavirus were felt.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Consumer prices slump 0.4% as virus puts chill on spending
WASHINGTON (AP) — Consumer prices fell 0.4% in March, the largest decline in five years, revealing the downward pressure that the coronavirus pandemic is exerting on the cost of gasoline, airfares, hotel rooms and other goods and services.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US gig workers and self-employed face delays in jobless aid
WASHINGTON (AP) — After Rich Cruse saw about $3,000 in income for his photography business quickly disappear to the coronavirus, he tried to apply for unemployment benefits in California. But like many states, his isn't yet accepting claims from the self-employed like him.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US budget deficit totals $743.6 billion over past 6 months
WASHINGTON (AP) — The federal government's budget deficit for the first half of this budget year totaled $743.6 billion, up 7.6% from last year, and well on its way to topping $1 trillion even before the impacts of the coronavirus were felt.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US budget deficit totals $743.6 billion over past 6 months
WASHINGTON (AP) — The federal government's budget deficit for the first half of this budget year totaled $743.6 billion, up 7.6% from last year, and well on its way to topping $1 trillion even before the impacts of the coronavirus were felt.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Consumer prices slump 0.4% as virus puts chill on spending
WASHINGTON (AP) — Consumer prices fell 0.4% in March, the largest decline in five years, revealing the downward pressure that the coronavirus pandemic is exerting on the cost of gasoline, airfares, hotel rooms and other goods and services.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Consumer prices slump as virus suppresses spending
WASHINGTON (AP) — Consumer prices fell 0.4% in March, the largest decline in five years, revealing the downward pressure that the coronavirus pandemic is exerting on the cost gasoline, airfares, hotel rooms and other goods and services.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Jobless claims report Thursday could hit 7 million or higher
WASHINGTON (AP) — The government is set to report another shocking level of unemployment claims Thursday even after nearly
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US gig workers and self-employed face delays in jobless aid
WASHINGTON (AP) — After Rich Cruse saw about $3,000 in income for his photography business quickly disappear to the coronavirus, he tried to apply for unemployment benefits in California. But like many states, his isn't yet accepting claims from the self-employed like him.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Record 16.8 million have sought US jobless aid since virus
WASHINGTON (AP) — With a
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A new $2.3 trillion Fed plan to aid localities and companies
WASHINGTON (AP) — The Federal Reserve unleashed a new series of moves Thursday to try to make loans available to states, localities and companies that have been hard hit by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
IMF head sees worst economic downturn since Great Depression
WASHINGTON (AP) — The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world's poorest countries suffering the most, the head of the International Monetary Fund said Thursday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US economy unlikely to recover as rapidly as it collapsed
BALTIMORE (AP) — President Donald Trump has been telling voters that the U.S. economy will leap back to life
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Wholesale prices fall 0.2% in March
WASHINGTON (AP) — Wholesale prices fell for a second consecutive month, led by a big drop in energy prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US gig workers and self-employed face delays in jobless aid
WASHINGTON (AP) — After Rich Cruse saw about $3,000 in income for his photography business quickly disappear to the coronavirus, he tried to apply for unemployment benefits in California. But like many states, his isn't yet accepting claims from the self-employed like him.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
IMF head sees worst economic downturn since Great Depression
WASHINGTON (AP) — The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world's poorest countries suffering the most, the head of the International Monetary Fund said Thursday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A new $2.3 trillion Fed plan to aid localities and companies
WASHINGTON (AP) — The Federal Reserve unleashed a new series of moves Thursday to try to make loans available to states, localities and companies that have been hard hit by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Wholesale prices fall 0.2% in March
WASHINGTON (AP) — Wholesale prices fell for a second consecutive month, led by a big drop in energy prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A new $2.3 trillion Fed plan to buttress towns, businesses
WASHINGTON (AP) — The Federal Reserve said Thursday it would pump an up to an additional $2.3 trillion into critical segments of the U.S. economy, seeking to boost small- and mid-sized businesses as well as state and local governments.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US economy unlikely to recover as rapidly as it collapsed
BALTIMORE (AP) — President Donald Trump has been telling voters that the U.S. economy will leap back to life
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Record 16.8 million have sought US jobless aid since virus
WASHINGTON (AP) — With a
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US unemployment claims likely to be shockingly high again
WASHINGTON (AP) — The U.S. government is set to report another shocking level of unemployment claims Thursday even after nearly 10 million people applied for benefits in the previous two weeks because of business shutdowns from the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
At emergency March meetings Fed pledged to use full arsenal
WASHINGTON (AP) — Federal Reserve officials pledged at two emergency meetings last month to use their full arsenal to bolster the U.S. economy being brought to its knees by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Jobless claims report Thursday could hit 7 million or higher
WASHINGTON (AP) — The government is set to report another shocking level of unemployment claims Thursday even after nearly
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Jobless claims report Thursday could hit 7 million or higher
WASHINGTON (AP) — The government is set to report another shocking level of unemployment claims Thursday even after nearly
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
At emergency March meetings Fed pledged to use full arsenal
WASHINGTON (AP) — Federal Reserve officials pledged at two emergency meetings last month to use their full arsenal to bolster the U.S. economy being brought to its knees by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Mnuchin: additional $250 billion sought for small businesses
WASHINGTON (AP) — The Trump administration will seek an additional $250 billion to support a program designed to help small businesses keep workers employed through the coronavirus outbreak, Treasury Secretary Steven Mnuchin said.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Employers posted solid job openings before virus shutdowns
WASHINGTON (AP) — U.S. employers posted a healthy number of job openings in February, evidence that the job market was in decent shape before the viral outbreak brought the economy to a near standstill.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Federal Reserve to boost small business lending efforts
WASHINGTON (AP) — The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Mnuchin: additional $250 billion sought for small businesses
WASHINGTON (AP) — The Trump administration will seek an additional $250 billion to support a program designed to help small businesses keep workers employed through the coronavirus outbreak, Treasury Secretary Steven Mnuchin said.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Employers posted solid job openings before virus shutdowns
WASHINGTON (AP) — U.S. employers posted a healthy number of job openings in February, evidence that the job market was in decent shape before the viral outbreak brought the economy to a near standstill.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Insider Q&A: 'Everyone will suffer' from US-China spat
WASHINGTON (AP) — Two months ago, the United States and China signed an interim “Phase 1'' trade deal, signaling a cease-fire in the trade war between the world's two biggest economies. China agreed to import much more U.S. farm, energy and other products.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Federal Reserve to boost small business lending efforts
WASHINGTON (AP) — The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Federal Reserve to boost small business lending efforts
WASHINGTON (AP) — The Federal Reserve said Monday it will support the government's $349 billion small business lending program, which had a rocky start Friday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Federal Reserve to smooth lending to small businesses
WASHINGTON (AP) — The Federal Reserve will provide support to the government's new small business lending program in its latest attempt to smooth the flow of credit in the virus-stricken U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Insider Q&A: 'Everyone will suffer' from US-China spat
WASHINGTON (AP) — Two months ago, the United States and China signed an interim “Phase 1'' trade deal, signaling a cease-fire in the trade war between the world's two biggest economies. China agreed to import much more U.S. farm, energy and other products.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A bleak US jobs report likely portends even deeper losses
WASHINGTON (AP) — A grim snapshot of the U.S. job market's sudden collapse emerged Friday with a report that employers shed hundreds of thousands of jobs last month because of the viral outbreak that's brought the economy to a near-standstill.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Insider Q&A: 'Everyone will suffer' from US-China spat
WASHINGTON (AP) — Two months ago, the United States and China signed an interim “Phase 1'' trade deal, signaling a cease-fire in the trade war between the world's two biggest economies. China agreed to import much more U.S. farm, energy and other products.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US service sectors slows in March
WASHINGTON (AP) — Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Jobs report Friday is expected to end record hiring streak
WASHINGTON (AP) — After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A bleak US jobs report likely portends even deeper losses
WASHINGTON (AP) — A grim snapshot of the U.S. job market's sudden collapse emerged Friday with a report that employers shed hundreds of thousands of jobs last month because of the viral outbreak that's brought the economy to a near-standstill.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US service sectors slows in March
WASHINGTON (AP) — Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Jobs report Friday is expected to end record hiring streak
WASHINGTON (AP) — After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A bleak US jobs report likely portends even deeper losses
WASHINGTON (AP) — A grim snapshot of the U.S. job market's sudden collapse emerged Friday with a report that employers shed hundreds of thousands of jobs last month because of the viral outbreak that's brought the economy to a near-standstill.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A bleak US jobs report likely portends even deeper losses
WASHINGTON (AP) — A grim snapshot of the U.S. job market's sudden collapse emerged Friday with a report that employers shed hundreds of thousands of jobs last month because of the viral outbreak that's brought the economy to a near-standstill.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US sheds most jobs in a decade, ending record hiring streak
WASHINGTON (AP) — A record-long streak of U.S. job growth ended suddenly in March after nearly a decade, as employers slashed hundreds of thousands of jobs because of the viral outbreak that has all but shut down the U.S. economy. The unemployment rate jumped to 4.4% from a 50-year low …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US service sectors slows in March
WASHINGTON (AP) — Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US sheds 701,000 jobs, ending a record-long hiring streak
WASHINGTON (AP) — A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the viral outbreak that's all but shut down the U.S. economy. The unemployment rate jumped to 4.4% from a 50-year low of 3.5%.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
World Bank OKs first $1.9B for poor countries battling virus
WASHINGTON (AP) — The World Bank on Thursday approved its first funds to help some of the globe's poorer countries combat the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Jobs report Friday is expected to end record hiring streak
WASHINGTON (AP) — After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A record 10 million sought US jobless aid in past 2 weeks
WASHINGTON (AP) — More than 6.6 million Americans applied for unemployment benefits last week — doubling a record high set just one week earlier — a sign that layoffs are accelerating in the midst of the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Jobs report Friday is expected to end record hiring streak
WASHINGTON (AP) — After a record 113 straight months of hiring, the government's monthly jobs report Friday is expected to show that the American jobs machine came to a sudden halt in March as a result of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
World Bank OKs first $1.9B for poor countries battling virus
WASHINGTON (AP) — The World Bank on Thursday approved its first funds to help some of the globe's poorer countries combat the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A record 10 million sought US jobless aid in past 2 weeks
WASHINGTON (AP) — More than 6.6 million Americans applied for unemployment benefits last week — doubling a record high set just one week earlier — a sign that layoffs are accelerating in the midst of the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US trade gap falls to $39.9 in February, lowest since 2016
WASHINGTON (AP) — The U.S. trade deficit tumbled in February to the lowest level since 2016 as exports fell and imports fell more. The politically sensitive gap in the trade of goods with China narrowed in February when the world's No. 2 economy was locked down to combat the coronavirus …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
A record 6.6 million seek US jobless aid as layoffs mount
WASHINGTON (AP) — More than 6.6 million Americans applied for unemployment benefits last week — doubling a record high set just one week earlier — a sign that layoffs are accelerating in the midst of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Surveys: Manufacturing contracts last month in US, world
WASHINGTON (AP) — Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US construction spending down 1.3% in February
WASHINGTON (AP) — Spending on U.S. construction projects fell 1.3% in February with housing and nonresidential construction both showing weakness even before the coronavirus struck with force in the United States.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
U.S. businesses cut 27,000 jobs in March, before virus hit
WASHINGTON (AP) — U.S. companies shed 27,000 jobs in March, according to a private survey, a figure that mostly reflected the economy as it stood before the full impact of the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Some employers to laid-off staffers: Let's stay in touch
As millions of job cuts tear through the U.S. economy, a faint glimmer of light has emerged: Some employers are trying to maintain ties to the staffers they're letting go so they can more quickly rehire them once the viral outbreak has passed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Some employers to laid-off staffers: Let's stay in touch
As millions of job cuts tear through the U.S. economy, a faint glimmer of light has emerged: Some employers are trying to maintain ties to the staffers they're letting go so they can more quickly rehire them once the viral outbreak has passed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Some employers are trying to keep ties to laid-off staffers
As millions of job cuts tear through the U.S. economy, a faint glimmer of light has emerged: Some employers are trying to maintain ties to the staffers they're letting go so they can more quickly rehire them once the viral outbreak has passed.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Surveys: Manufacturing contracts last month in US, world
WASHINGTON (AP) — Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US construction spending down 1.3% in February
WASHINGTON (AP) — Spending on U.S. construction projects fell 1.3% in February with housing and nonresidential construction both showing weakness even before the coronavirus struck with force in the United States.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Survey: US manufacturing slides in March
WASHINGTON (AP) — American manufacturing slid last month for the first time since December, dragged down by economic fallout from the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
U.S. businesses cut 27,000 jobs in March, before virus hit
WASHINGTON (AP) — U.S. companies shed 27,000 jobs in March, according to a private survey, a figure that mostly reflected the economy as it stood before the full impact of the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US home prices rose at 3.1% annually in January
BALTIMORE (AP) — U.S. home price growth was showing signs of acceleration in January, a sign of the solid demand that existed before the coronavirus outbreak caused millions of job losses and tossed the U.S. economy into a likely recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US consumer confidence sinks as virus begins having impact
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US consumer confidence sinks as virus begins having impact
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US home prices rose at 3.1% annually in January
BALTIMORE (AP) — U.S. home price growth was showing signs of acceleration in January, a sign of the solid demand that existed before the coronavirus outbreak caused millions of job losses and tossed the U.S. economy into a likely recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US pending home sales trended higher before virus outbreak
BALTIMORE (AP) — Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before the coronavirus outbreak sent the U.S. economy spiraling into a likely recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
World Bank sees outbreak taking a big toll on Asia's economy
WASHINGTON (AP) — The World Bank is estimating that the cornavirus outbreak will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries, throwing millions into poverty.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
World Bank sees outbreak taking a big toll on Asia's economy
WASHINGTON (AP) — The World Bank is estimating that the cornavirus outbreak will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries, throwing millions into poverty.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US pending home sales trended higher before virus outbreak
BALTIMORE (AP) — Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before the coronavirus outbreak sent the U.S. economy spiraling into a likely recession.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US consumer spending up modest 0.2% in February
WASHINGTON (AP) — Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the shutdown of the American economy by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
3.3 million seek US jobless aid, nearly 5 times earlier high
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US consumer spending up modest 0.2% in February
WASHINGTON (AP) — Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the shutdown of the American economy by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US consumer spending up modest 0.2% in February
WASHINGTON (AP) — Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the shutdown of the American economy by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
3.3 million seek US jobless aid, nearly 5 times earlier high
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed chair Powell says will provide nearly unlimited lending
WASHINGTON (AP) — Jerome Powell says the Federal Reserve would provide essentially unlimited lending to support the economy as long as it is damaged by the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US economy grew at 2.1% rate in fourth quarter
WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US economy grew at 2.1% rate in fourth quarter
WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
3.3 million seek US jobless aid, nearly 5 times earlier high
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US eonomy grew at 2.1% rate in fourth quarter
WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the impact of the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US jobless claims hit 3.3 million, quadruple previous record
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — more than quadruple the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed chair Powell says will provide nearly unlimited lending
WASHINGTON (AP) — Jerome Powell says the Federal Reserve would provide essentially unlimited lending to support the economy as long as it is damaged by the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US big-ticket factory orders up 1.2% in February
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose by a solid amount in February, but the gain came before the coronavirus had shut down much of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US big-ticket factory orders up 1.2% in February
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose by a solid amount in February, but the gain came before the coronavirus had shut down much of the country.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
New home sales drop 4.4% in February
WASHINGTON (AP) — U.S. new home sales fell 4.4% in February with bigger declines expected in coming months as the coronavirus puts a major crimp on home sales.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed to suspend some bank supervision during viral outbreak
WASHINGTON (AP) — The Federal Reserve said it will
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed to suspend some bank supervision during viral outbreak
WASHINGTON (AP) — The Federal Reserve said it will
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
New home sales drop 4.4% in February
WASHINGTON (AP) — U.S. new home sales fell 4.4% in February with bigger declines expected in coming months as the coronavirus puts a major crimp on home sales.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Q&A: What did the Fed do Monday and who will it help?
WASHINGTON (AP) — The Federal Reserve took several aggressive steps Monday to support an economy ravaged by the effects of the coronavirus. The amount of money involved is huge and the Fed's ambitions are vast: It wants to make loans available to companies and governments so they can pay bills …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed makes strongest bid yet to protect firms and governments
WASHINGTON (AP) — The Federal Reserve is unleashing its boldest effort yet to protect the U.S. economy from the coronavirus by helping companies and governments pay their bills and survive a devastating crisis.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Q&A: What did the Fed do Monday and who will it help?
WASHINGTON (AP) — The Federal Reserve took several aggressive steps Monday to support an economy ravaged by the effects of the coronavirus. The amount of money involved is huge and the Fed's ambitions are vast: It wants to make loans available to companies and governments so they can pay bills …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed makes strongest bid yet to protect firms and governments
WASHINGTON (AP) — The Federal Reserve is unleashing its boldest effort yet to protect the U.S. economy from the coronavirus by helping companies and governments pay their bills and survive a devastating crisis.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed to buy unlimited government debt and lend to businesses
WASHINGTON (AP) — In its boldest effort to protect the U.S. economy from the coronavirus, the Federal Reserve says it will buy as much government debt as it deems necessary and will begin lending to small and large businesses and local governments to help them weather the crisis.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed to buy as much government debt as needed to aid economy
WASHINGTON (AP) — In its boldest effort to protect the U.S. economy from the coronavirus, the Federal Reserve says it will buy as much government debt as it deems necessary and will also begin lending to small and large businesses and local governments to help them weather the crisis.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Federal Reserve to lend up to $300B to businesses, cities
WASHINGTON (AP) — In a series of sweeping steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed ramps up lending, bond buying to calm financial markets
WASHINGTON (AP) — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Trump's fate tied to an unknown: how fast economy recovers
BALTIMORE (AP) — The
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Trump's fate tied to an unknown: how fast economy recovers
BALTIMORE (AP) — The
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Income tax filing deadline moved to July 15 from April 15
WASHINGTON (AP) — The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US home sales jumped to 13-year high before viral outbreak
WASHINGTON (AP) — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed ramps up lending, bond buying to calm financial markets
WASHINGTON (AP) — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Income tax filing deadline moved to July 15 from April 15
WASHINGTON (AP) — The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US home sales jumped to 13-year high before viral outbreak
WASHINGTON (AP) — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed ramps up lending, bond buying to calm financial markets
WASHINGTON (AP) — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed ramps up lending, bond buying to calm financial markets
WASHINGTON (AP) — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed to boost lending to $1 trillion a day to ease credit
WASHINGTON (AP) — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Fed to help banks purchase muni bonds to keep credit flowing
WASHINGTON (AP) — The Federal Reserve said it would seek to hold down spiking interest rates in the state and municipal bond markets by supporting banks' purchase of the bonds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Income tax filing deadline moved to July 15 from April 15
WASHINGTON (AP) — The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
US home sales jumped to 13-year high before viral outbreak
WASHINGTON (AP) — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Layoffs spike in US, Europe as virus shuts businesses
WASHINGTON (AP) — Just a couple of weeks ago, Erika Vega hoped her temp job at a cafeteria would soon become permanent. But instead, the viral outbreak shut down the building where she worked and left her wondering where her next paycheck will come from.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 8 MONTHS AGO
Layoffs spike in US, Europe as virus shuts businesses
WASHINGTON (AP) — Just a couple of weeks ago, Erika Vega hoped her temp job at a cafeteria would soon become permanent. But instead, the viral outbreak shut down the building where she worked and left her wondering where her next paycheck will come from.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
U.S. Fed establishes currency swaps with 9 central banks
Washington (AP) — The Federal Reserve has set up a program to exchange dollars for foreign currency with nine central banks to support dollar lending in global markets that are under pressure from the impact of the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Jobless claims jump by 70,000 as virus starts to take hold
WASHINGTON (AP) — The number of Americans filing new claims for unemployment benefits surged last week by 70,000 to the highest level in more than two years, indicating that the effect of the coronavirus was starting to be felt in rising layoffs in the job market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Jobless claims jump by 70,000
WASHINGTON (AP) — The number of Americans filing new claims for unemployment benefits surged last week by 70,000, indicating that the impact of the coronavirus was starting to be felt in rising layoffs in the job market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Federal Reserve launches 3rd emergency lending program
Washington (AP) — The Federal Reserve announced that it will establish an emergency lending facility to help unclog a short-term credit market that has been disrupted by
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Federal Reserve launches 3rd emergency lending program
Washington (AP) — The Federal Reserve announced late Wednesday that it will establish an emergency lending facility to help unclog a short-term credit market that has been disrupted by the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed launches 2 emergency programs last seen in 2008 crisis
WASHINGTON (AP) — The Federal Reserve put in motion two emergency lending programs Tuesday that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US job openings jumped in January, before virus outbreak
WASHINGTON (AP) — U.S. employers sharply increased the number of jobs they advertised in January, a sign the job market and economy were in mostly solid shape before the virus outbreak hit.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed launches 2 emergency programs last seen in 2008 crisis
WASHINGTON (AP) — The Federal Reserve put in motion two emergency lending programs Tuesday that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Administration announces 90-day delay for many tax payments
WASHINGTON (AP) — The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline. The extension announced Tuesday is an effort to inject up to $300 billion into the economy at a time when the …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed launches 2 emergency programs last seen in 2008 crisis
WASHINGTON (AP) — The Federal Reserve put in motion two emergency lending programs Tuesday that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed launches second lending program to ease credit flows
WASHINGTON (AP) — The Federal Reserve on Tuesday announced its second emergency lending facility in an effort to smooth the flow of credit to businesses and households struggling amid the virus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Administration announces 90-day delay for many tax payments
WASHINGTON (AP) — The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline. The extension announced Tuesday is an effort to inject up to $300 billion into the economy at a time when the …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed to try to ease flow of credit with new lending facility
WASHINGTON (AP) — In its latest emergency action, the Federal Reserve is establishing a lending facility to try to ease the flow of short-term credit to banks and businesses as the economy grinds to a halt from the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed will buy short-term loans to try to ease flow of credit
WASHINGTON (AP) — In its latest emergency action, the Federal Reserve is establishing a lending facility to buy short-term loans from banks and companies to ease the flow of credit as the economy grinds to a halt from the viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US job openings jumped in January, before virus outbreak
WASHINGTON (AP) — U.S. employers sharply increased the number of jobs they advertised in January, a sign the job market and economy were in mostly solid shape before the virus outbreak hit.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US industrial production rises 0.6% in February
WASHINGTON (AP) — U.S. industrial production rose last month for the first time since November as chillier weather kept utiliities busy and an uptick in auto production pushed manufacturing output higher. The economic impact of the coronavirus outbreak was not apparent in the February numbers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed takes emergency steps to slash rates and ease bank rules
WASHINGTON (AP) — The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed takes emergency steps to slash rates and ease bank rules
WASHINGTON (AP) — The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed slashes rates to near zero, eases bank lending rules
WASHINGTON (AP) — The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak. The central bank said the …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed takes extra steps to sooth virus-rattled bond market
WASHINGTON (AP) — The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and restore some degree of confidence. So far, it hasn't quite worked. The central banks are facing a crisis only partly responsive to the medicine they can …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed takes extra steps to sooth virus-rattled bond market
WASHINGTON (AP) — The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and restore some degree of confidence. So far, it hasn't quite worked. The central banks are facing a crisis only partly responsive to the medicine they can …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed takes extra steps to sooth virus-rattled bond market
WASHINGTON (AP) — The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and restore some degree of confidence. So far, it hasn't quite worked. The central banks are facing a crisis only partly responsive to the medicine they can …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
As central banks intervene to calm markets, few see solution
WASHINGTON (AP) — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis only partly responsive to the medicine they can provide.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
As central banks intervene to calm markets, few see solution
WASHINGTON (AP) — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis only partly responsive to the medicine they can provide.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed intervenes to try to calm markets but investors shrug
WASHINGTON (AP) — The Federal Reserve moved Thursday to try to ease disruptions in the financial markets stemming from the coronavirus by announcing that it will sharply increase its purchases of short-term Treasury bonds.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
NY Fed to buy a range of Treasurys to try to ease jitters
WASHINGTON (AP) — The Federal Reserve will sharply increase its purchases of short-term U.S. Treasury bonds to try to ease anxiety and disruptions in the financial markets over the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US wholesale prices fall 0.6%, biggest decline in 5 years
WASHINGTON (AP) — U.S. wholesale prices fell 0.6% in February, the biggest decline in five years, led by a sharp drop in energy costs.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer prices grew 0.1% in February as food costs rose
WASHINGTON (AP) — U.S. consumer prices increased slightly last month, driven higher by more expensive food.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Trump announces delay of tax deadline for virus victims
WASHINGTON (AP) — President Donald Trump announced Wednesday night that he will instruct the Treasury Department to allow individuals and businesses negatively affected by the coronavirus to defer their tax payments beyond the April 15 filing deadline.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US budget deficit up 14.8% for first 5 months of fiscal year
WASHINGTON (AP) — The U.S. budget deficit through the first five months of this budget year is up 14.8% from the same period a year ago, keeping the country on track to record its first $1 trillion deficit since 2012.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Trump announces delay of tax deadline for virus victims
WASHINGTON (AP) — President Donald Trump announced Wednesday night that he will instruct the Treasury Department to allow individuals and businesses negatively affected by the coronavirus to defer their tax payments beyond the April 15 filing deadline.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US budget deficit up 14.8% for first 5 months of fiscal year
WASHINGTON (AP) — The U.S. budget deficit through the first five months of this budget year is up 14.8% from the same period a year ago, keeping the country on track to record its first $1 trillion deficit since 2012.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Administration weighs delaying tax deadline amid outbreak
WASHINGTON (AP) — The Trump administration is working on plans to delay the April 15 federal tax deadline for some taxpayers in a bid to soften the impact of the coronavirus outbreak on the U.S. economy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer prices grew 0.1% in February as food costs rose
WASHINGTON (AP) — U.S. consumer prices increased slightly last month, driven higher by more expensive food.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
AP FACT CHECK: Trump and the myriad costs of cheaper oil
WASHINGTON (AP) — President Donald Trump is suggesting Americans should be happy about a plunge in oil prices because it'll mean cheaper gas. Those savings at the pump, though, are likely to come at a cost to other aspects of their lives.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer borrowing up a moderate $12 billion in January
WASHINGTON (AP) — U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Plunging yields force investors and Fed to rethink strategy
WASHINGTON (AP) — The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear on Wall Street may be the bond market, where the moves over the past few weeks have been even more breathtaking.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Facebook says it will ban ads for medical face masks
WASHINGTON (AP) — Facebook is temporarily banning advertisements for medical face masks as part of an effort to prevent use of its platform to exploit people's concerns about the
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US hiring was likely solid in February before virus spread
WASHINGTON (AP) — The U.S. economy likely added jobs at a solid pace in February before an escalation of the coronavirus outbreak disrupted factory supply chains, slowed business travel and heightened economic fears.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer borrowing up a moderate $12 billion in January
WASHINGTON (AP) — U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Plunging yields force investors and Fed to rethink strategy
WASHINGTON (AP) — The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear on Wall Street may be the bond market, where the moves over the past few weeks have been even more breathtaking.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US trade deficit narrows to $45.3 billion in January
WASHINGTON (AP) — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US job market looked robust before virus outbreak escalated
WASHINGTON (AP) — Hiring in the United States jumped in February as employers added 273,000 positions, evidence that the job market was in strong shape before the coronavirus began to sweep through the nation.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Facebook says it will ban ads for medical face masks
WASHINGTON (AP) — Facebook is temporarily banning advertisements for medical face masks as part of an effort to prevent use of its platform to exploit people's concerns about the
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Facebook says it will ban ads for medical face masks
WASHINGTON (AP) — Facebook is temporarily banning advertisements for medical face masks as part of an effort to prevent use of its platform to exploit people's concerns about the
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US hiring was likely solid in February before virus spread
WASHINGTON (AP) — The U.S. economy likely added jobs at a solid pace in February before an escalation of the coronavirus outbreak disrupted factory supply chains, slowed business travel and heightened economic fears.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer borrowing up a moderate $12 billion in January
WASHINGTON (AP) — U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Plunging yields force investors and Fed to rethink strategy
WASHINGTON (AP) — The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear on Wall Street may be the bond market, where the moves over the past few weeks have been even more breathtaking.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US trade deficit narrows to $45.3 billion in January
WASHINGTON (AP) — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US job market looked robust before virus outbreak escalated
WASHINGTON (AP) — Hiring in the United States jumped in February as employers added 273,000 positions, evidence that the job market was in strong shape before the coronavirus began to sweep through the nation.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Plunging yields force investors and Fed to rethink strategy
WASHINGTON (AP) — The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear on Wall Street may be the bond market, where the moves over the past few weeks have been even more breathtaking.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer borrowing up a moderate $12 billion in January
WASHINGTON (AP) — U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US job market looked robust before virus outbreak escalated
WASHINGTON (AP) — Hiring in the United States jumped in February as employers added 273,000 positions, evidence that the job market was in strong shape before the coronavirus began to sweep through the nation.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US added robust 273K jobs in February before virus escalated
WASHINGTON (AP) — Hiring in the United States jumped in February as employers added 273,000 jobs, evidence that the economy was in strong shape before the coronavirus began to sweep through the nation.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US trade deficit narrows to $45.3 billion in January
WASHINGTON (AP) — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US hiring was likely solid in February before virus spread
WASHINGTON (AP) — The U.S. economy likely added jobs at a solid pace in February before an escalation of the coronavirus outbreak disrupted factory supply chains, slowed business travel and heightened economic fears.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
To gauge economic damage from virus, watch for US jobs data
WASHINGTON (AP) — Companies and consumers have scrapped travel plans, and factories have endured broken supply chains from the coronavirus outbreak. If employers were to respond by slashing jobs, it would significantly escalate the economic damage.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US productivity increases at 1.2% rate in fourth quarter
WASHINGTON (AP) — U.S. productivity rebounded in the final three months of last year but by a smaller amount than initially reported, while labor costs increased at a slower pace than first thought.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US hiring was likely solid in February before virus spread
WASHINGTON (AP) — The U.S. economy likely added jobs at a solid pace in February before an escalation of the coronavirus outbreak disrupted factory supply chains, slowed business travel and heightened economic fears.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
To gauge economic damage from virus, watch for US jobs data
WASHINGTON (AP) — Companies and consumers have scrapped travel plans, and factories have endured broken supply chains from the coronavirus outbreak. If employers were to respond by slashing jobs, it would significantly escalate the economic damage.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US productivity increases at 1.2% rate in fourth quarter
WASHINGTON (AP) — U.S. productivity rebounded in the final three months of last year but by a smaller amount than initially reported, while labor costs increased at a slower pace than first thought.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
U.S. businesses add 183K jobs in sign of pre-virus health
WASHINGTON (AP) — U.S. businesses added 183,000 jobs last month, a solid gain that shows the economy was largely healthy when the coronavirus outbreak spread further around the globe.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed survey finds coronavirus impacting parts of US economy
WASHINGTON (AP) — The Federal Reserve’s latest nationwide survey of business conditions has found that the coronavirus outbreak has begun to impact tourism and disrupt manufacturing chains in parts of the United States.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed survey finds coronavirus impacting parts of US economy
WASHINGTON (AP) — The Federal Reserve’s latest nationwide survey of business conditions has found that the coronavirus outbreak has begun to impact tourism and disrupt manufacturing chains in parts of the United States.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
U.S. businesses add 183K jobs in sign of pre-virus health
WASHINGTON (AP) — U.S. businesses added 183,000 jobs last month, a solid gain that shows the economy was largely healthy when the coronavirus outbreak spread further around the globe.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Survey: U.S. businesses added 183,000 jobs in February
WASHINGTON (AP) — U.S. businesses added 183,000 jobs last month, a solid gain that shows the economy was largely healthy when the coronavirus outbreak spread further around the globe.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed's Powell faces a puzzling crisis with no simple solution
WASHINGTON (AP) — Jerome Powell is confronting his stiffest test yet as head of the Federal Reserve in an atmosphere vastly altered from what his predecessors faced. It makes an uncertain situation even more challenging.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Virus spread prompts Fed to slash rates in surprise move
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed's Powell faces a puzzling crisis with no simple solution
WASHINGTON (AP) — Jerome Powell is confronting his stiffest test yet as head of the Federal Reserve in an atmosphere vastly altered from what his predecessors faced. It makes an uncertain situation even more challenging.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Virus spread prompts Fed to slash rates in surprise move
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Virus spread prompts Fed to cut rates in emergency move
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
G-7 pledges cooperation, no specifics, in response to virus
WASHINGTON (AP) — Seven major economies pledged to use “all appropriate tools" to deal with the spreading coronavirus but announced no immediate actions.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
G-7 major economies pledge cooperation to deal with virus
WASHINGTON (AP) — Seven major economies pledged to use “all appropriate tools" to deal with the spreading coronavirus but announced no immediate actions.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Factories expand despite virus, though deliveries slow
WASHINGTON (AP) — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak. The winning streak, however, may prove short-lived.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US construction spending up 1.8% in January to record level
WASHINGTON (AP) — Spending on U.S. construction projects rose to an all-time high in January, helped by strong gains for home construction and government building projects.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Factories expand despite virus, though deliveries slow
WASHINGTON (AP) — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak. The winning streak, however, may prove short-lived.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Survey: US factories expand in February despite coronavirus
WASHINGTON (AP) — American factores expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US construction spending up 1.8% in January to record level
WASHINGTON (AP) — Spending on U.S. construction projects rose to an all-time high in January, helped by strong gains for home construction and government building projects.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed Chair Powell pledges to use tools to support economy
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance that the Fed will “use our tools" to support the economy — a strong signal of a coming interest rate cut.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed Chair Powell pledges to use tools to support economy
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance that the Fed will “use our tools" to support the economy — a strong signal of a coming interest rate cut.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer spending slowed in January while incomes jumped
WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed Chair Powell pledges to use tools to support economy
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance that the Fed will “use our tools" to support the economy — a strong signal of a coming interest rate cut.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer spending slowed in January while incomes jumped
WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed Chair Powell pledges to use tools to support economy
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance that the Fed will “use our tools" to support the economy — a strong signal of a coming interest rate cut.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed Chair Powell: Will 'use our tools' to support economy
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell pledged Friday that the Fed will “use our tools" to support the economy, an effort to ease fears over the viral outbreak and a strong signal of a likely rate cut, perhaps at its next meeting March 17-18.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer spending slowed in January while incomes jumped
WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US economy grew at 2.1% rate in Q4 but virus threat looms
WASHINGTON (AP) — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for the rest of the year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US pending home sales climbed 5.2% in January
WASHINGTON (AP) — There was a 5.2% jump in Americans signing contracts to buy homes in January from the previous month as lower mortgage rates and a solid economy are pushing up demand for housing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US orders for durable goods slip 0.2% in January
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods dipped in January, pulled down by decreased demand for cars, auto parts and military aircraft.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US pending home sales climbed 5.2% in January
WASHINGTON (AP) — There was a 5.2% jump in Americans signing contracts to buy homes in January from the previous month as lower mortgage rates and a solid economy are pushing up demand for housing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US orders for durable goods slip 0.2% in January
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods dipped in January, pulled down by decreased demand for cars, auto parts and military aircraft.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US economy grew at 2.1% rate in Q4 but virus threat looms
WASHINGTON (AP) — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for the rest of the year.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US new-home sales climbed 7.9% in January
WASHINGTON (AP) — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US new-home sales climbed 7.9% in January
WASHINGTON (AP) — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer confidence rises slightly to 130.7 in February
WASHINGTON (AP) — U.S. consumer confidence improved slightly in February, rising to a reading of 130.7, the highest point since August.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US home prices rise 2.9% in December on low rates, inventory
WASHINGTON (AP) — U.S. home prices rose at a faster pace in December as mortgage rates remained low and a falling supply of available properties set off bidding wars between buyers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US consumer confidence rises slightly to 130.7 in February
WASHINGTON (AP) — U.S. consumer confidence improved slightly in February, rising to a reading of 130.7, the highest point since August.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US home prices rise 2.9% in December on low rates, inventory
WASHINGTON (AP) — U.S. home prices rose at a faster pace in December as mortgage rates remained low and a falling supply of available properties set off bidding wars between buyers.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Survey: Business economists endorse Federal Reserve policies
WASHINGTON (AP) — Nearly two-thirds of U.S. business economists say the Federal Reserve's interest rate policy is “about right,” a sharp contrast to President Donald Trump's attacks on the Fed for not cutting rates more aggressively.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed's Mester says rate cut unnecessary to offset virus risks
WASHINGTON (AP) — A Federal Reserve official said Monday that she does not see a need to cut interest rates yet, even as worries about the viral outbreak that began in China caused global stock markets to plunge and some economists are penciling in a rate reduction by April.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed's Mester says rate cut unnecessary to offset virus risks
WASHINGTON (AP) — A Federal Reserve official said Monday that she does not see a need to cut interest rates yet, even as worries about the viral outbreak that began in China caused global stock markets to plunge and some economists are penciling in a rate reduction by April.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Survey: Business economists endorse Federal Reserve policies
WASHINGTON (AP) — Nearly two-thirds of U.S. business economists say the Federal Reserve's interest rate policy is “about right,” a sharp contrast to President Donald Trump's attacks on the Fed for not cutting rates more aggressively.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed officials downplay virus even as markets see rate cuts
WASHINGTON (AP) — When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions?
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
India, US struggling to bridge trade dispute as Trump visits
WASHINGTON (AP) — American dairy farmers, distillers and drugmakers have been eager to break into India, the world’s seventh-biggest economy but a tough-to-penetrate colossus of 1.3 billion people.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Survey: Business economists endorse Federal Reserve policies
WASHINGTON (AP) — Nearly two-thirds of U.S. business economists say the Federal Reserve's interest rate policy is “about right,” a sharp contrast to President Donald Trump's attacks on the Fed for not cutting rates more aggressively.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed officials downplay virus even as markets see rate cuts
WASHINGTON (AP) — When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions?
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
India, US struggling to bridge trade dispute as Trump visits
WASHINGTON (AP) — American dairy farmers, distillers and drugmakers have been eager to break into India, the world’s seventh-biggest economy but a tough-to-penetrate colossus of 1.3 billion people.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US home sales fell 1.3% in January
WASHINGTON (AP) — U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
India, US struggling to bridge trade dispute as Trump visits
WASHINGTON (AP) — American dairy farmers, distillers and drugmakers have been eager to break into India, the world’s seventh-biggest economy but a tough-to-penetrate colossus of 1.3 billion people.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
India, US struggle to bridge trade disputes as Trump visits
WASHINGTON (AP) — American dairy farmers, distillers and drugmakers have been eager to break into India, the world’s seventh-biggest economy but a tough-to-penetrate colossus of 1.3 billion people.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed officials downplay virus even as markets see rate cuts
WASHINGTON (AP) — When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions?
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US home sales fell 1.3% in January
WASHINGTON (AP) — U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed officials downplay virus even as markets see rate cuts
WASHINGTON (AP) — When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions?
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US home sales fell 1.3% in January
WASHINGTON (AP) — U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US home sales sales fell 1.3% in January
WASHINGTON (AP) — U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
WH report says economy accelerated under Trump
WASHINGTON (AP) — A new White House report says the U.S. economy is growing faster than expected, even though the annual gains of 3% that President Donald Trump promised to voters have yet to be achieved.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
WH report says economy accelerated under Trump
WASHINGTON (AP) — A new White House report says the U.S. economy is growing faster than expected, even though the annual gains of 3% that President Donald Trump promised to voters have yet to be achieved.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed seems inclined to keep rates low as virus poses risks
WASHINGTON (AP) — Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low level in the coming months.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US home construction dips 3.6% in January
WASHINGTON (AP) — Construction of new homes edged back slightly in January after a December surge that had pushed home construction to the highest level in 13 years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Fed seems inclined to keep rates low as virus poses risks
WASHINGTON (AP) — Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low level in the coming months.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US home construction dips 3.6% in January
WASHINGTON (AP) — Construction of new homes edged back slightly in January after a December surge that had pushed home construction to the highest level in 13 years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
US wholesale prices up 0.5% in January, most since late 2018
WASHINGTON (AP) — U.S. producer prices climbed last month at fastest pace since October 2018 as higher prices for services more than offset a drop in the cost of energy.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Trump opposes possible ban on sale of jet engines to China
WASHINGTON (AP) — President Donald Trump signaled Tuesday via Twitter that he opposes efforts to block the sale of jet engines to China. Trump's tweets appeared intended to thwart a proposal from within his own administration to limit exports of engines jointly produced by General Electric and a French company.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 9 MONTHS AGO
Trump opposes possible ban on sale of jet engines to China
WASHINGTON (AP) — President Donald Trump signaled Tuesday via Twitter that he opposes efforts to block the sale of jet engines to China. Trump's tweets appeared intended to thwart a proposal from within his own administration to limit exports of engines jointly produced by General Electric and a French company.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US retail sales up a modest 0.3% in January
WASHINGTON (AP) — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US manufacturing output hit by Boeing troubles, slips 0.1%
WASHINGTON (AP) — U.S. manufacturing output fell slightly in January, driven lower by Boeing's decision to halt production of its troubled 737 MAX aircraft.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US retail sales up a modest 0.3% in January
WASHINGTON (AP) — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US manufacturing output hit by Boeing troubles, slips 0.1%
WASHINGTON (AP) — U.S. manufacturing output fell slightly in January, driven lower by Boeing's decision to halt production of its troubled 737 MAX aircraft.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Trump Fed nominee Shelton faces skepticism at Senate hearing
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve came under sharp questioning Thursday from senators over her unorthodox economic views, including from two Republicans whose doubts about her nomination could imperil it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US retail sales up a modest 0.3% in January
WASHINGTON (AP) — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US manufacturing output hit by Boeing troubles, slips 0.1%
WASHINGTON (AP) — U.S. manufacturing output fell slightly in January, driven lower by Boeing's decision to halt production of its troubled 737 MAX aircraft.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US manufacturing output hit by Boeing troubles, slips 0.1%
WASHINGTON (AP) — U.S. manufacturing output fell slightly in January, driven lower by Boeing's decision to halt production of its troubled 737 MAX aircraft.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US retail sales up a modest 0.3% in January
WASHINGTON (AP) — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Trump Fed nominee Shelton faces skepticism at Senate hearing
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve came under sharp questioning Thursday from senators over her unorthodox economic views, including from two Republicans whose doubts about her nomination could imperil it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Trump Fed nominee Shelton faces skepticism at Senate hearing
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve came under sharp questioning Thursday from senators over her unorthodox economic views, including from two Republicans whose doubts about her nomination could imperil it.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Trump Fed nominee Shelton promises 'intellectual diversity'
Washington (AP) — President Donald Trump's nominee to the Federal Reserve touted her credentials in written testimony Thursday and said she would “work collegially” if approved.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US consumer prices up 0.1% in January; gasoline prices fall
WASHINGTON (AP) — U.S. consumer prices rose modestly last month, weighed down by falling gasoline prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US on track for first $1 trillion budget deficit since 2012
WASHINGTON (AP) — The U.S. budget deficit through the first four months of this budget year is up 19% from the same period a year ago, putting the country on track to record its first $1 trillion deficit since 2012.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
A Trump Fed choice faces Senate scrutiny over policy views
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve will likely face skeptical questioning from a Senate committee Thursday over her unconventional economic views.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Powell hears bipartisan Senate support for Fed independence
WASHINGTON (AP) — Republican and Democratic senators voiced strong support for an independent Federal Reserve during a hearing with Fed Chair Jerome Powell, one day after President Donald Trump launched another attack directed at Powell on Twitter.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
A Trump Fed choice faces Senate scrutiny over policy views
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve will likely face skeptical questioning from a Senate committee Thursday over her unconventional economic views.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US on track for first $1 trillion budget deficit since 2012
WASHINGTON (AP) — The U.S. budget deficit through the first four months of this budget year is up 19% from the same period a year ago, putting the country on track to record its first $1 trillion deficit since 2012.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Powell hears bipartisan Senate support for Fed independence
WASHINGTON (AP) — Republican and Democratic senators voiced strong support for an independent Federal Reserve during a hearing with Fed Chair Jerome Powell, one day after President Donald Trump launched another attack directed at Powell on Twitter.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Powell: Economy looks resilient despite risk of China virus
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy appears durable, with steady growth and unemployment near a half-century low, but faces risks from the broadening viral outbreak that began in China.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US open jobs fall sharply for 2nd straight month
WASHINGTON (AP) — U.S. businesses sharply cut the number of jobs they advertised in December for the second straight month, an unusual sign of weakness in an otherwise healthy job market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US open jobs fall sharply for 2nd straight month
WASHINGTON (AP) — U.S. businesses sharply cut the number of jobs they advertised in December for the second straight month, an unusual sign of weakness in an otherwise healthy job market.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Powell: Economy looks resilient despite risk of China virus
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy appears durable, with steady growth and unemployment near a half-century low, but faces risks from the broadening viral outbreak that began in China.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Healthy US job market: How big a political edge for Trump?
WASHINGTON (AP) — U.S. hiring jumped last month, and many more people were encouraged to look for work, showing that the economy remains robust despite threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed signals steady interest rates as economic risks lessen
WASHINGTON (AP) — The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible spillovers from a deadly virus in China represent a new threat.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Holiday on plastic: US credit card debt surged in December
WASHINGTON (AP) — Americans gave their credit cards a real workout this past holiday season.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Healthy US job market: How big a political edge for Trump?
WASHINGTON (AP) — U.S. hiring jumped last month, and many more people were encouraged to look for work, showing that the economy remains robust despite threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed signals steady interest rates as economic risks lessen
WASHINGTON (AP) — The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible spillovers from a deadly virus in China represent a new threat.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
January US jobs report may provide clarity amid disruptions
WASHINGTON (AP) — With China's viral outbreak disrupting trade and Boeing's troubles weighing on American factories, the January U.S. jobs report on Friday may provide timely evidence of the U.S. economy's enduring health.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Holiday on plastic: US credit card debt surged in December
WASHINGTON (AP) — Americans gave their credit cards a real workout this past holiday season.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Healthy US job market: How big a political edge for Trump?
WASHINGTON (AP) — U.S. hiring jumped last month, and many more people were encouraged to look for work, showing that the economy remains robust despite threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed signals steady interest rates as economic risks lessen
WASHINGTON (AP) — The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible spillovers from a deadly virus in China represent a new threat.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
January US jobs report may provide clarity amid disruptions
WASHINGTON (AP) — With China's viral outbreak disrupting trade and Boeing's troubles weighing on American factories, the January U.S. jobs report on Friday may provide timely evidence of the U.S. economy's enduring health.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Holiday on plastic: US credit card debt surged in December
WASHINGTON (AP) — Americans gave their credit cards a real workout this past holiday season.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Healthy US job market: How big a political edge for Trump?
WASHINGTON (AP) — U.S. hiring jumped last month, and many more people were encouraged to look for work, showing that the economy remains robust despite threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Holiday on plastic: US credit card debt surged in December
WASHINGTON (AP) — Americans gave their credit cards a real workout this past holiday season.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Hiring surges in January as Americans flood into job market
WASHINGTON (AP) — Hiring jumped last month as U.S. employers added a robust 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed signals steady interest rates as economic risks lessen
WASHINGTON (AP) — The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible spillovers from a deadly virus in China represent a new threat.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US economy adds a strong 225K jobs; unemployment up to 3.6%
WASHINGTON (AP) — Hiring jumped last month as U.S. employers added a robust 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US employers add a strong 225K jobs; unemployment up to 3.6%
WASHINGTON (AP) — Hiring jumped last month as U.S. employers added a robust 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
January US jobs report may provide clarity amid disruptions
WASHINGTON (AP) — With China's viral outbreak disrupting trade and Boeing's troubles weighing on American factories, the January U.S. jobs report on Friday may provide timely evidence of the U.S. economy's enduring health.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
January US jobs report may provide clarity amid disruptions
WASHINGTON (AP) — With China's viral outbreak disrupting trade and Boeing's troubles weighing on American factories, the January U.S. jobs report on Friday may provide timely evidence of the U.S. economy's enduring health.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US productivity up 1.7% in 2019, best gain in 9 years
WASHINGTON (AP) — U.S. productivity rebounded in the final three months of last year, helping to boost productivity growth for the year to the best showing in nearly a decade.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Survey: US companies added 291,000 jobs in January
WASHINGTON (AP) — U.S. companies added 291,000 jobs in January, a big increase from December, but much of that strength likely reflected unusually warm weather during the month.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
New 20-year bond will be auctioned on quarterly basis
WASHINGTON (AP) — The Treasury Department says its new 20-year bond, which it is introducing to help finance budget deficits projected to top $1 trillion over the next decade, will be offered on a quarterly basis in the months of February, May, August and November.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US trade deficit drops 1.7% last year to $616.8 billion
WASHINGTON (AP) — The U.S. trade deficit fell for the first time in six years in 2019 as President Donald Trump hammered China with import taxes.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Federal Reserve proposes loosening rules on bank investments
WASHINGTON (AP) — The Federal Reserve
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US economy grew at moderate 2.1% rate in fourth quarter, matching Q3 rate
WASHINGTON (AP) — US economy grew at moderate 2.1% rate in fourth quarter, matching Q3 rate.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed chair sees China virus as possible risk to world economy
WASHINGTON (AP) — Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed leaves key rate unchanged at low level amid global risks
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged at a low level Wednesday amid an economy that looks solid but faces potential global threats, including from China’s viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed chair sees China virus as possible risk to world economy
WASHINGTON (AP) — Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed leaves key rate alone but sees virus among global risks
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged at a low level Wednesday amid an economy that looks solid but faces potential global threats, including from China’s viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed leaves key rate unchanged at low level amid global risks
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged at a low level Wednesday amid an economy that looks solid but faces potential global threats, including from China’s viral outbreak.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US pending home sales tumbled 4.9% in December
WASHINGTON (AP) — Americans pulled back substantially on signing contracts to buy homes in December, a possible sign of mounting affordability challenges as prices are rising faster than incomes.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US home price gains accelerate amid smaller supply of homes
WASHINGTON (AP) — U.S. home prices rose at a faster pace in November than the previous month as lower mortgage rates and a sharp drop in available properties have pushed would-be buyers to bid up home values.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Orders for US durable goods advance 2.4% in December
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose in December as a big jump in demand for military aircraft offset a sharp decline in commercial aircraft that reflected Boeing’s continued problems with its 737 Max. A key category that tracks business investment fell by the largest …
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US home price gains accelerate amid smaller supply of homes
WASHINGTON (AP) — U.S. home prices rose at a faster pace in November than the previous month as lower mortgage rates and a sharp drop in available properties have pushed would-be buyers to bid up home values.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Orders for US durable goods advance 2.4% in December
WASHINGTON (AP) — Orders for US durable goods advance 2.4% in December.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US home prices accelerate amid dwindling supply of homes
WASHINGTON (AP) — U.S. home prices rose at a faster pace in November than the previous month as lower mortgage rates and a sharp drop in available properties have pushed would-be buyers to bid up home values.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed seems content with low rates but confronts challenges
WASHINGTON (AP) — For the first time in years, Federal Reserve officials will hold their latest policy meeting this week feeling broadly satisfied with where interest rates are and with seemingly no inclination to change them anytime soon.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US new-home sales slipped 0.4% in December
WASHINGTON (AP) — U.S. sales of newly built homes fell 0.4% in December, cooling slightly after low mortgage rates fueled gains for much of 2019.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Fed seems content with low rates but confronts challenges
WASHINGTON (AP) — For the first time in years, Federal Reserve officials will hold their latest policy meeting this week feeling broadly satisfied with where interest rates are and with seemingly no inclination to change them anytime soon.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US new-home sales slipped 0.4% in December
WASHINGTON (AP) — U.S. sales of newly built homes fell 0.4% in December, cooling slightly after low mortgage rates fueled gains for much of 2019.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US home sales soared 3.6% in December
WASHINGTON (AP) — U.S. home sales climbed 3.6% in December, but a record-low inventory of houses on the market has caused prices to surge as affordability is worsening.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US home sales soared 3.6% in December
WASHINGTON (AP) — U.S. home sales climbed 3.6% in December, but a record-low inventory of houses on the market has caused prices to surge as affordability is worsening.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US home sales soared 3.8% in December
WASHINGTON (AP) — U.S. home sales climbed 3.8% in December, but a record-low inventory of houses on the market has caused prices to surge as affordability is worsening.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US housing construction jumps 16.9% in December
WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
US Treasury announces it will begin selling new 20-year bond
WASHINGTON (AP) — The U.S. Treasury, faced with financing budget deficits topping $1 trillion annually, is introducing a new 20-year bond.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 10 MONTHS AGO
Employers post fewer jobs in November
WASHINGTON (AP) — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US housing construction jumps 16.9% in December
WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US industrial production fell 0.3% in December
WASHINGTON (AP) — U.S. industrial production fell 0.3% in December, as unseasonably warm weather reduced demand for heating from utilities.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
Trump to nominate Shelton, Waller to Federal Reserve
WASHINGTON (AP) — President Donald Trump said Thursday that he
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
Labor Department limits news outlets' use of embargoed data
WASHINGTON (AP) — The Labor Department will begin restricting news organizations' use of economic data by barring computers from the rooms where reporters receive such data before its public release, department officials announced Thursday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
Trump to nominate Shelton, Waller to Federal Reserve
WASHINGTON (AP) — President Donald Trump said Thursday that he
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US Treasury announces it will begin selling new 20-year bond
WASHINGTON (AP) — The U.S. Treasury, faced with financing budget deficits topping $1 trillion annually, is introducing a new 20-year bond.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
Labor Department limits news outlets' use of embargoed data
WASHINGTON (AP) — The Labor Department will begin restricting news organizations' use of economic data by barring computers from the rooms where reporters receive such data before its public release, department officials announced Thursday.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
Confident consumers lift US retail sales in December
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month, evidence that Americans were willing to spend during the winter holidays after a sluggish November.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
3 African nations reach preliminary deal in Nile dam dispute
WASHINGTON (AP) — Officials from Egypt, Ethiopia and Sudan say they have reached a preliminary agreement aimed at clearing the way for the filling and operation of a $5 billion dam project on the Nile River.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
3 African nations reach preliminary deal in Nile dam dispute
WASHINGTON (AP) — Officials from Egypt, Ethiopia and Sudan say they have reached a preliminary agreement aimed at clearing the way for the filling and operation of a $5 billion dam project on the Nile River.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US wholesale prices up slight 0.1% in December
WASHINGTON (AP) — U.S. wholesale prices rose a slight 0.1% in December as a jump in the cost of energy was offset by falling food prices.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
Rising energy costs lift US consumer prices 0.2% in December
WASHINGTON (AP) — Rising energy costs drove U.S. consumer prices higher in December, and American workers’ earnings couldn’t keep up.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US budget deficit running 11.8% higher this year
The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US drops designation of China as currency manipulator
WASHINGTON (AP) — The Trump administration is dropping its designation of China as a currency manipulator in advance of the signing Wednesday of a Phase 1 U.S.-China trade agreement.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US drops designation of China as currency manipulator
WASHINGTON (AP) — The Trump administration is dropping its designation of China as a currency manipulator in advance of the signing Wednesday of a Phase 1 U.S.-China trade agreement.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US budget deficit running 11.8% higher this year
The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US employment remains strong, 145,000 jobs added in December
WASHINGTON (AP) — U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
New Labor Dept. rule clarifies 'joint employer' standard
WASHINGTON (AP) — The Labor Department issued
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
New Labor Dept. rule clarifies 'joint employer' standard
WASHINGTON (AP) — The Labor Department issued
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US employment remains strong, 145,000 jobs added in December
WASHINGTON (AP) — U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US employment remains strong, 145,000 jobs added in December
WASHINGTON (AP) — U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US employment remains strong, 145,000 jobs added in December
WASHINGTON (AP) — U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US adds 145,000 jobs; unemployment holds at 3.5%
WASHINGTON (AP) — U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US employers expected to have added 160,000 jobs in December
WASHINGTON (AP) — The U.S. job market appears to be entering 2020 on a solid footing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
Fed should focus on fighting low inflation, official says
WASHINGTON (AP) — A top Federal Reserve official believes that the U.S. central bank needs to re-orient its thinking and policies toward fighting inflation that is too low, rather than its historic focus on keeping inflation from getting too high.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US employers expected to have added 160,00 jobs in December
WASHINGTON (AP) — The U.S. job market appears to be entering 2020 on a solid footing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
US employers expected to have added 160,00 jobs in December
WASHINGTON (AP) — The U.S. job market appears to be entering 2020 on a solid footing.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
Fed should focus on fighting low inflation, official says
WASHINGTON (AP) — A top Federal Reserve official believes that the U.S. central bank needs to re-orient its thinking and policies toward fighting inflation that is too low, rather than its historic focus on keeping inflation from getting too high.
COLUMBIA BASIN HERALD | UPDATED 5 YEARS, 11 MONTHS AGO
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