WASHINGTON - The unemployment rate fell to a two-year low of 8.8 percent in March, capping the strongest two months of hiring since before the recession began.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 7 MONTHS AGO
WASHINGTON - Companies added more workers in February than in any month in almost a year - a turning point for the economy that finally pushed the unemployment rate below 9 percent. Economists say the stronger hiring should endure all year.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 8 MONTHS AGO
WASHINGTON - Federal Reserve Chairman Ben Bernanke said Wednesday a House Republicans plan to cut $61 billion in federal spending this year would reduce economic growth and cause job losses.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 8 MONTHS AGO
WASHINGTON - Deep spending cuts by state and local governments pose a growing threat to an economy that is already grappling with high unemployment, depressed home prices and the surging cost of oil.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 8 MONTHS AGO
PARIS - Federal Reserve Chairman Ben Bernanke on Friday urged countries with large trade surpluses like China to let their currencies rise in value to help prevent another global financial crisis.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 8 MONTHS AGO
WASHINGTON - The economic recovery is now consistently picking up speed, and American consumers are the ones pushing the gas pedal. They increased their spending late last year at the fastest pace since 2006.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 9 MONTHS AGO
WASHINGTON - Industrial production rose in December by the largest amount in five months, providing the economy with solid momentum heading into the new year.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 10 MONTHS AGO
WASHINGTON - The U.S. economy ended last year on an encouraging note, with all parts of the country showing improvements. Factories produced more, shoppers spent more and companies hired more - pointing to a stronger economy in 2011.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 10 MONTHS AGO
WASHINGTON - Buoyed by a string of hopeful government reports on layoffs, factory production and consumer spending, economists are predicting that hiring and even housing will pick up in 2011 and make it a better year after all.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 11 MONTHS AGO
WASHINGTON - The nation added only a trickle of jobs in November, far fewer than experts had expected and a reminder that the economy is still recovering only fitfully.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 11 MONTHS AGO
WASHINGTON - Americans earned more and spent more last month, and the number of people applying for unemployment benefits dropped last week to the lowest level in more than two years. At the same time, demand for long-lasting manufactured goods and new homes fell off.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 11 MONTHS AGO
WASHINGTON - Federal Reserve Chairman Ben Bernanke is taking some highly unusual steps to counter widespread opposition to his $600 billion plan to jump-start the economy. He's pressing China to let its currency rise and pushing Congress to pass more stimulus aid.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 11 MONTHS AGO